Breaking News
One and Done Hike? Least Committed Rate Rise we could have seen – Comment from WorldFirst
Jeremy Cook, Chief Economist at WorldFirst, comments:
“The all-important guidance for the future is that this may be the only rate rise for a while. For the Bank to drop the line that ‘rates may need to rise more than the market expects’ is not a supportive move for future rate rise expectations.
“Alongside a slight weakening of inflation forecasts, the opinion that ‘the decision to leave the European Union [is] already having a noticeable impact on the economic outlook’ means that this is about the least committed hike we could have seen. The MPC couldn’t come out and say: ‘this is a one and done hike’, but the comments are hugely unsupportive towards the argument that rates need to be higher in the UK to protect against a glut of inflation in the very near future.
“One would think consumers will be breathing a slight sigh of relief.”
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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.
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Oxford Risk: Placing the Human at the Center of Wealth and Asset Management Transformation
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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.