News
Housing Slowdown Anticipated After Rise In UK Mortgage Rates
After it was predicted that the number of consumers having trouble making their mortgage payments would reach a 15-year high, there were further warnings of a housing downturn in the UK. According to the Royal Institute of Chartered Surveyors...
Financing
UK Markets Must Go Beyond A Policy U-Turn To Rebuild Trust
After three trying weeks, British Prime Minister Liz Truss and incoming Finance Minister Jeremy Hunt will need to do much more than reverse their position on corporation tax. The government's announcement of its medium-term budget plan on October 31...
Banking
Reserve Bank of Australia Sees More Building Insolvencies
The Reserve Bank of Australia has issued a warning that more bankruptcies in the home building sector are inevitable as builders struggle with escalating prices. Due to a sharp increase in expenses, as well as labour and material constraints...
Banking
Spain To Ensure Financial Services Access In Remote Places
The Spanish government and banks came to an agreement on a plan of action on October 7th to ensure financial services to sparsely inhabited rural villages and to mitigate the effects of growing mortgage rates on the most vulnerable.
Every Spanish...
News
U.S. Treasury Promotes New Crypto Regulatory Legislation
Top financial regulators from the Financial Stability Oversight Council (FSOC), a U.S. regulatory body, recommended to Congress on October 3rd that it pass legislation that addresses the risks that digital assets pose to the financial system, including initiatives to strengthen...
Insurance
CMS Slashes The Medicare Advantage Premiums For Next Year
Medicare Advantage and Part D prescription medication plan rates will be reduced for beneficiaries in 2023. The average price for Medicare Advantage plans in 2023 is anticipated to be $18, a drop of over 8% from the average premium...
News
Banks In The US Utilise Automation To Increase Efficiency
According to VP analyst at Gartner, Saikat Ray, executives across sectors are looking to automation to achieve cost minimization and increased productivity goals, as reported by CIO Dive in August. By the end of 2022, the market for robotic process...
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