News

77% of consumers feel anxious checking banking apps as cost-of-living challenges bite

GFT’s latest Banking Disruption Index indicates that banking customers are feeling increasingly apprehensive checking their finances.

WindowSight connects technology with visual arts at the ISE23

ISE and WindowSight join forces to design a unique atmosphere during ISE 2023.

Skills shortages are far from over – firms with slow hiring processes are losing out

While the record-breaking vacancy numbers of last year have slowed, the UK is still in the midst of a skills shortage, with the latest data from the Office for National Statistics (ONS) showing that vacancy numbers are still historically high, despite signs of slowing month-on-month.

Inheritance Tax Receipts reach £5.3 billion, £700 million higher than the previous year

Figures released by HMRC today show that the Treasury raked in £5.3 billion in inheritance tax receipts in the months from April to December 2022.

Download the official ISE 2023 app before the show

With just days to go until ISE 2023 opens its doors at the Fira Barcelona, Gran Vía on 31 January – 3 February 2023, ISE 2023 – the official show app has been released.

Memfault raises $24m in series B funding to supercharge IoT reliability platform

Memfault, the provider of the first IoT reliability platform, announced today a $24 million series B funding round.

Over 2 in 3 small business owners already feel burnt out

New research from Intuit QuickBooks reveals that over two-thirds (68%) of sole traders already feel burnt out as a business owner entering 2023. Additional pressures are growing too, with the Self Assessment tax return deadline looming and more than half (52%) not having yet started their return as of 9thJanuary 2023.

Dexory announces a new round of angel investors joining advisory board

Dexory, an intelligence and robotics company, has announced they have a new round of angel investors. This follows significant investment in 2022, when they secured $13 million (£11 million) in a seed round led by Swiss venture capital firm Lakestar.

BRITS LOST £4 billion to fraudsters in 2022

The 2022 Fraud Report from money.co.uk is back; The report analyses police figures to reveal where in the UK has seen the biggest rise in fraud and cyber crime, and which are the most common types.

Oxford Medical Products Announces First Human Trial Of Sirona

Oxford Medical Products (OMP) has today announced the first human trial of Sirona, its self-expanding hydrogel capsule which aims to deliver a safe, effective and affordable breakthrough technology for weight loss.

Salaries fall despite Cost-of-Living crisis

Data suggests UK businesses feeling the pinch, but firms’ competitive standing could be at risk

The Inaugural Positive Leadership Awards announce 2022 winners

The winners of the much anticipated 2022 Positive Leadership Awards have been announced, with leaders from across sectors – and across the globe – being acknowledged for their innovative and inspiring approach to changing leadership practices and bringing positivity to the workplace.

Rise in UK SMEs borrowing money expected in 2023

The majority of UK SMEs (88%) plan to lean on business finance and credit this year according to new research carried out by solution-led fintech provider Nucleus Commercial Finance (NCF).

Small businesses need new model for growth in recession

81% of business owners are worried about recession, with small business confidence taking a hit as the nation’s 5.5 million small firms face an array of challenges heading into 2023.

Common misconceptions about borrowing and saving with credit unions

The highest increase in consumer debt in over 18 years means thousands of people are turning to credit unions to borrow money in the UK.

65% jump in fintech use – with boomers the fastest-growing cohort

The use of finance apps jumped by almost two-thirds in 2022 – with boomers the fastest growing demographic, reveals new data from one of the world’s largest independent financial advisory, asset management and fintech organisations.

New Venture Builder set to invest €1.5M equity-free to address funding shortages and growth difficulties among deeptech startups in CEE

Today at the European Innovation Council Summit, Wolves Summit, Acceler8 and Anthology Ventures announce the launch of Ventures Thrive – a new pan-European venture building studio to accelerate deeptech startups with equity-free funding and a curated growth programme. The initiative is funded by the European Innovation Council (EIC) and is set to address funding shortages and growth difficulties among deeptech startups in CEE.

First-time exhibitors flock to ISE 2023

In a sign of the ever-growing and widening appeal of ISE, the 2023 show is set to welcome more than 900 exhibitors, including around 120 first-time exhibitors who will take up 3,630sqm of floorspace at the Fira.

European Business Leaders Confident Despite Current Headwinds

While 65% of European business leaders agree they are facing the most challenging operating environment ever, an even larger proportion (77%) are confident about their organizations’ capacity to accelerate growth in an economic downturn, according to a new report from Accenture (NYSE: ACN).

Nine out of 10 fintechs will hire more fraud experts in 2023

World-leading digital ID verification company OCR Labs Global has today revealed the results of a new research survey, ‘Fighting Identity Fraud in an Economic Downturn’.