No economy can boom without a healthy mix of SMEs, but they are often left to fend for themselves when it comes to funding in times of crisis. SMEs have suffered outsized impact from COVID-19 but have not received corresponding loan consideration from big banks. How can this be turned around so that SMEs will not just survive but thrive?
The introduction of a Central Bank Digital Currency (CBDC) is taking concrete shape in more and more countries economic and currency areas. The European Central Bank (ECB) is currently evaluating the specifications of a digital Euro, Sweden recently extended the test phase for its own CBDC and in China,
With corporate responses to climate change burgeoning, how can companies start re-evaluating how they interact with nature to tackle a less frequently addressed but more complex and interlinked environmental threat: biodiversity loss? How can firms protect natural resources, and what are the reputational and financial risks of inaction?
The United Kingdom’s annual inflation rate fell sharply in August to its lowest level in almost five years, as the government’s Eat Out to Help Out discount-meal scheme contributed significantly towards driving down the cost of living. Figures released by the Office for National Statistics (ONS) on Wednesday, September 16,
As we approach International Women’s Day on Sunday, 8 March, I’d like to take this opportunity to reflect on just how far we’ve progressed since the first recognised National Women’s Day was observed in New York in 1909. We should be proud that the modern professional workplace is unrecognisable to the ones inhabited by the day’s first observants.
With the number of reports suggesting that fintechs are bad news for banks, it may come as a surprise, that the opposite is in fact true. Fintechs may actually be the best thing to happen to traditional banks and the banking sector for a long time. No, really.