The latest finance news including topics such as the development of digital banking and the future of Fintech, and stories from the World Bank and World Trade Organisations (WTO) stories.
From 30 April 2025, a significant change to Universal Credit will ensure that more than a million low-income households across the UK receive a financial boost, thanks to new rules reducing the amount that can be deducted from their benefits to repay debts.
Tech experts give their thoughts on how small businesses can utilise the goodwill felt towards them during lockdown and provide a personalised customer experience as we move further away from lockdowns.
Christian Keuschnigg, Professor of Economics at the University of St. Gallen, explains how credit reallocation of banks boosts innovation and growth by steering capital to more productive use.
John Bell, director and founder of Clarke Bell, ponders the impact of COVID-19 on the economy and what options struggling businesses could be facing in the coming months and years ahead.
Calum Lewis, Founder and Principal Consultant of OP2MA, explains why businesses need to harness their supply chain strategies to cope with demand surges.
Paul Struthers, Managing Director, Sage, UK and Ireland, highlights how funding has been a systemic problem the charity sector has faced, but to ensure its longevity, it needs financial tools, digital skills and talent.
Stefano Palmieri, President, Section for Economic and Monetary Union and Economic and Social Cohesion and Member of the European Economic and Social Committee, describes budget and recovery policy in Europe.
Glenn St. John-Colgan, Managing Partner at Augmentas Group, takes a look at a recent UK initiative to recover money owed from suppliers and considers its implications.
Andrew Megson, Executive Chairman, My Pension Expert, discusses what the pension industry hopes to see from the Budget 2021 and explains what the touted changes could mean for UK savers.
Michael Foote, Director of Quote Goat, discusses what financial support is available for businesses that aren't eligible for the government's new lockdown grants, including the Self Employed Income Support Scheme.
Pam Tuckett, Head of Education at Bishop Fleming, stresses why it is crucial for Trusts to approve budgets that enable them to be agile, to cope with the constantly changing demands on the sector.