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Interest rates: BoE plans could be taking advantage of pre-Brexit conditions
Stuart Law, CEO at Assetz Capital
“The Bank of England should be cautious about raising interest rates by too much in a short space of time. There’s a high probability that any rises could simply be a way to take advantage of the opportunity, whilst it exists, to hike up interest rates ahead of Brexit in case there is a need to then drop them again.
“It’s also unlikely that peak interest rates will rise above 2% in this cycle, and even 2% could prove too painful for many. The Bank of England and the government should be far less concerned about offsetting inflation by raising interest rates at speed, as the inflation rate is likely to decrease in the near future.
“Instead, the government should look to alternative tactics in order to manage a possible credit bubble in several asset classes, in a similar way to the use of stamp duty to slow the London property market and new taxes to slow the buy-to-let market.”
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CLS Appoints Six New Board Directors
CLS, a financial market infrastructure group delivering settlement, processing and data solutions, today announces the appointment of six new members to its Board of Directors at the CLS Annual General Meeting held on 9 June 2026.
Mobey Forum Calls for a Collaborative Approach to Fraud Prevention in Rethinking Fraud in a Connected World
Mobey Forum’s Fraud Expert Group has published a new report, Rethinking Fraud in a Connected World: Trust, Collaboration, and Resilience in the Digital Ecosystem, exploring how fraud is evolving beyond traditional banking threats and why stronger collaboration across industries is becoming essential.
SumUp Launches in Canada
SumUp, the global financial technology company, today announced its official launch in Canada. The milestone makes Canada SumUp's 38th market and its latest step in building out its presence across the Americas, as the company continues its mission to make commerce simpler and more accessible for all businesses worldwide.
European Fintech Association Elects New Board of Directors
The European FinTech Association (EFA) today announced the election of its new Board of Directors, bringing together senior leaders from across Europe's fintech ecosystem to guide the Association's work over the coming term.
G+D: Navigating the Future of Fintech Agility and Innovation
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Connect IFA Strengthens Leadership Team to Drive Growth and Enhance Adviser Support
Connect IFA Ltd is pleased to announce key leadership appointments designed to strengthen its commitment to growth and enhance the support it provides to advisers and network members.
FreeAgent Launches New AI Tool for Landlords to Capture Rental Statements
FreeAgent, the innovative accounting technology company, has launched a new feature into its landlord software, enabling landlords and accountants to harness artificial intelligence to input and reconcile data from letting agent rental statements.