Browsing: Finance

With the Autumn Budget just days away, concerns are mounting across all sectors about the rising cost of living and its impact on businesses and entrepreneurs. Health Secretary Wes Streeting has warned of “difficult and big choices” ahead, while Shadow Chancellor Rachel Reeves faces the challenge of addressing a £14 billion deficit in the budget. As the government prepares for this critical financial announcement, there is growing consensus that the budget must go beyond short-term investments and deliver comprehensive reforms across all sectors. Sustainable spending solutions and future-proofing measures have never been more urgent. Businesses are particularly anxious about how…

Preparing for retirement is among the most important decisions you’ll ever make. Understanding what it takes to make you financially secure for your later years will help simplify the process of good planning, knowing the rules and making wise and informed decisions. With so much to consider, it is difficult to know where to start, but advice from a pension adviser in Oxford can put you on the right path to creating a satisfactory retirement plan. Tailored Pension Advice Each person’s retirement goals are different, as is their financial situation. This is why you must get some advice. Local pension…

DailyPay, a leading U.S. worktech company, is set to launch its earned wage access (EWA) services in the United Kingdom this fall, marking its first international expansion. DailyPay, a prominent provider of earned wage access (EWA) solutions based in the United States, has announced its plans to expand into the UK market this autumn. This move represents the company’s first venture outside the U.S., aiming to provide financial wellness tools to workers in the UK. At launch, DailyPay’s EWA program will be available to its existing clients with operations in the UK. Josh Durodola, Vice President of International at DailyPay,…

A recent report has highlighted a significant shift in recruitment strategies within the finance sector, with 87% of employers now prioritising skills-based hiring methods over traditional resume and cover letter approaches. This figure surpasses the average of 81% seen across other industries, reflecting a growing preference for candidates with a blend of technical and finance-specific expertise, particularly in the rapidly evolving fintech landscape. The report, titled ‘The State of Skills-Based Hiring 2024 in Finance,’ was published by talent discovery platform TestGorilla. It reveals that 80% of finance employees also prefer a skills-based hiring process, while an impressive 92% of finance…

Switzerland-based investment firm 2Xideas AG has announced the expansion of its partnership with Northern Trust, a leading global financial services provider. This move will see Northern Trust’s Integrated Trading Solutions (ITS) become part of the existing collaboration, streamlining the trading processes for 2Xideas and boosting their ability to deliver high-quality results to clients. 2Xideas, founded in 2013, manages approximately US$2 billion in assets and specialises in liquid mid-cap stocks. The company first partnered with Northern Trust in 2022 to utilise a range of services including fund accounting, financial reporting, custody, depositary, and transfer agency functions. This latest development extends the…