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Stuart Law, CEO at Assetz Capital
“With growing uncertainty around the UK’s withdrawal from the EU, this announcement comes as no surprise. Despite the recent rate rise and expected slight boost in UK economic growth for the third quarter, it’s likely that we’ll continue to see a largely stagnant economic situation, at least until March next year.
“Even if, after this wait, the Bank of England’s promise that rates will rise further holds true, any benefits are unlikely to be passed on to savers. It was recently reported that many banks only applied this summer’s recent increase to borrowers, and there’s no indication that this would be different next year.”
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AI in Finance 2025: Showcasing How to Implement Next-Generation AI for Impact
AI in Finance 2025, will take place at the iconic Kimpton Fitzroy London on Wednesday 26th November, and will provide a roadmap for 150+ senior technology leaders from financial services to move beyond the well-established use cases and implement next-generation AI at scale.
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Chest is inviting young people to join its 1200-strong community lining up to be amongst the first to open a Chest pension
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