author - oman observer

Three out of every four jobs in London are at risk “now or in the near future” from AI – making it the most exposed city in the developed world to advances in the technology. The UK capital is...

Vacancies in the UK have slumped to their lowest level in more than five years as firms put recruitment on hold in the face of economic uncertainty and soaring wage costs. The Office for National...

Companies in the UK’s services industry reported the steepest decline in activity last month for three and a half years, as the Iran war drove up business costs and dampened demand, figures show....

The impact that Artificial Intelligence (AI) could have on the business models of wealth managers is holding up fresh private equity (PE) investment into the sector. Potential wealth deals have...

Finance firms in London are struggling to boost gender diversity – an important issue in the UK and Europe – in an increasingly lucrative area of finance, as just 9 per cent of Britain’s...

The UN’s global financial fund has called on Chancellor Rachel Reeves to drop the triple lock pension and draw up ‘contingency’ tax measures to ensure that public debt is reduced as a share of...

With an eye on a top three position in the country’s wealth market, HSBC UK has shrugged off competition from digital challengers for mass affluent money. Having only recently added features like...

Unemployment has ticked up despite a fall in April’s data as it was shown that the UK jobs market weakened in the last quarter. The Office for National Statistics (ONS) said the UK unemployment rate...

Grant Thornton accountancy firm plans to increase UK graduate recruitment by 30 per cent this year, reversing a trend among professional services firms under a growth strategy fuelled by private...

The Diversity Project, the initiative set up a decade ago to champion inclusivity across the investments and savings industry, has changed its name in response to the global pushback against...

Some of UK’s largest business groups have urged the business secretary not to scrap a body responsible for scrutinising business regulation, saying it plays a “fundamental” role evaluating the...

Britain’s financial services sector rebounded in the first three months of this year powered by the fastest single-quarter recovery since 1996, a closely watched survey found. According to the...

While the spotlight is often on the funding gap facing female founders, one industry veteran is urging a shift in focus. Sam Smith, the former chief executive of Finncap (now Cavendish Financial),...

Hundreds of civil servants at the Department for Works and Pensions (DWP) could be forced to leave the UK due to “cruel” visa rule changes. At least 1,500 benefits and Job-Centre staff from...

Business confidence in the future of UK economy has plunged to a record low as company directors fear the war will have damaged investment plans and increase costs, a leading survey has found. ...

Mindful of moving toward gender equality throughout the European Union, Ireland has made much progress in that direction. Female representation on the boards of Ireland’s largest listed companies...

Despite senior money managers increasingly head to Dubai and Abu Dhabi, experts say Paris has strengthened its position as a global hub for quantitative talent. Among the biggest names currently...

Launched in November 2021, the on-line Bank of London remains under investigation by City watchdogs and faces “significant doubts” over its future, latest accounts show, as losses mount at the...

Financial services firms have enlisted geopolitical advisors for issues from cyber defence to evacuation support. Risk advisory firms have been drafted in by banks, asset managers and law firms to...

The Financial Conduct Authority has written to more than 250 asset managers as part of its work to stamp out money laundering. It was reported that the watchdog, based in the financial district in...