Finance News

Within the Open Access Government Finance News section, you can find a wide variety of information on the changes in the financial sector.

We often explore the development of digital banking and the future of Fintech, along with the World Bank and World Trade Organisations (WTO) stories. You can also find expert opinions on many popular topics within this category along with insights into the financial changes in other countries.

This category also covers poverty and pensions in the UK along with any legal changes to financial law. Up to date articles are available on fiscal policy and trade wars within the sector.

poverty statistics

New poverty statistics to help government target support

New poverty statistics developed and published by the Department for Work and Pensions (DWP) will help target support more effectively.
data breach cases, GDPR

Only 0.25% of data breach cases fined under GDPR 

Digi.me has revealed that only a minuscule percentage of data breach cases closed by the data protection regulator under General Data Protection Regulation (GDPR) have resulted in monetary penalties.
retirement aspirations

Are you financially prepared for your retirement aspirations?

A UK survey produced by Equity Release Supermarket has revealed that there is a clear disconnect between many people’s retirement aspirations and their current financial provision.
staff crisis

GP numbers fall as pension complexities add to looming NHS staff crisis

New research carried out by the Nuffield Trust highlights the growing staff crisis in the NHS with the first sustained fall in GP numbers in half a century.
fraudulent dog breeders

Millions raised by HMRC taskforce tackling fraudulent dog breeders

More than £5 million has been raised by a HM Revenue and Customs (HMRC) taskforce tackling fraudulent dog breeders selling puppies on the black market.
utilise innovation, digital world, banks

Banks must utilise innovation to compete in a digital world

Caroline Hermon, Head of Adoption of Artificial Intelligence and Machine Learning at SAS highlights the challenges established banks are facing in an increasingly competitive, digital world and the need to utilise innovation.
ACCA Singapore Annual Conference

Agile Business Consortium opens ACCA Singapore Annual Conference

John Williams, Agile Business Consortium CEO, will open the ACCA Singapore Annual Conference at the Suntec Singapore Convention and Exhibition Centre on Tuesday, May 14th, with ‘The Case for Business Agility’.
organisation's equality

Gender pay gap: How to improve your organisation’s equality

Rachel Mapleston, payroll legislation expert at MHR explores what can be learned from this year’s gender pay gap reports and outlines three areas to consider to improve your organisation’s equality.
high street will disappear

61% of Brits fear high street will disappear for good

In light of today’s announcement by Debenhams naming 22 stores which are to close as part of its survival plan, research reveals 61% of Brits are worried that the high street will disappear completely over the next ten years.
uk blocks merger, sainsburys asda merger

UK blocks merger: Sainsbury’s and Asda would dominate market

The UK has blocked the Sainsbury's-Asda merger after investigation reveals that prices would increase, unfair trading methods could be used, and store closures would severely impact Northern Ireland.
talking about debt

The importance of talking about debt

Our finances are a topic that we veer away from in conversations with friends and family. This is particularly true when it comes to talking about debt – a subject still very much considered a taboo.
UK adults, in debt

Over three-fifths of UK adults are in debt

KnowYourMoney.co.uk has commissioned a survey among more than 2,000 UK adults to uncover people’s attitudes towards being in debt and how they are managing it.
protect customer data, cyber insurance

Time for cyber insurance to grow up: Protect customer data

The U.S. and Europe have very different approaches when it comes to motivating organisations to protect customer data: Which approach is better?
inclusive economies

New and green and fair? Feeling our way towards greener and more inclusive economies

Steven Stone, Chief, Resources and Markets Branch, UN Environment asks if we are making progress towards greener and more inclusive economies.
UK public sector, data innovation

Austerity ushers in data innovation in UK public sector

Big Data LDN (BDL), revealed findings from its Public Sector Data Report 2019: What is really happening in the UK public sector?
implementing the industrial strategy

Product safety, supporting small business growth and implementing the Industrial Strategy

The work of the Office for Product Safety and Standards, which is part of the UK’s Department for Business, Energy and Industrial Strategy (BEIS), around product safety, supporting small business growth and implementing the Industrial Strategy vision of simplifying regulation are explored here.
increase to national living, national living wage UK

UK unveils increase to National Living Wage

1.8 million workers will receive an additional £690 over the year from today: Read about the Increase to National Living Wage in the UK.
high street crisis

High street crisis – Is it possible to avoid the demise of retailers?

RBR Advisory highlight how retailers can avoid closing down their business as empty shop windows become a regular occurrence during the high street crisis.
Venezuela EU, economic hyperinflation

Venezuela: EU increases assistance by £43 million

Venezuela is going through its fifth year of economic recession and hyperinflation: The EU is increasing funding in response to the growing realities of starvation, violence and insecurity.

Google fined £1.29 billion for abusive online advertising practices

The European Commission has fined Google £1.29 billion for breaching EU antitrust rules, due to abusive online advertising conduct for over 10 years.

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