Commenting on UK GDP data for April, Rupert Thompson, Chief Investment Officer at Kingswood, said: “UK GDP posted a large gain in April for the second month running, growing 2.3% m/m in line with expectations. This left GDP up a massive 27.6% up from its low point last April but still down 3.7% on its pre-pandemic level in February 2020. Today’s data confirm a rapid recovery in the UK is well underway and will fuel hopes that the economy will in a few months’ time have recovered all of its pandemic-related losses.”

Commenting on UK GDP and sterling’s potential to reach levels not seen since early 2018, Jesús Cabra Guisasola, Associate at Validus Risk Management, said: “The UK economy grew 2.3% in April (Vs 2.4% estimated), which confirms the British economy is firmly recovering after contracting the most since 1709 last year. There are no doubts that the UK has been one of the countries coming out in a better position from the pandemic after the success of its vaccination program.

Wolters Kluwer Compliance Solutions has earned three “Category Leader” quadrant recognitions in the Chartis Research GR

Nutanix (NASDAQ: NTNX), a leader in private cloud, hybrid, and multicloud computing, today announced Toyota Motor Corp (Head office: Toyota-city, Aichi; President and Representative Director: Akio Toyoda) has adopted the Nutanix cloud platform to build a virtual desktop infrastructure (VDI) environment that can run 3D CAD software, delivering a new way of working for its Engineering Design

Analysts of the European investment platform Robo.cash predict that in the next year or two a small number of new lending platforms will enter the P2P-market. Moreover, most of them will probably be part of financial groups and will offer more favorable conditions in order to compete with older players.

Commenting on UK GDP rising 2.3% in April, Douglas Grant, Director of Conister, part of AIM listed Manx Financial Group, said: “The monthly rise in UK GDP follows the recent positive trend of economic data, falling in line with what we’d expect as restrictions are lifted and the economy nears fully reopening. As the lifeblood of the UK economy, agile and resilient SMEs have no doubt contributed to this growth in output as they adapt to the post-pandemic economy.

Businesses that put data into action, tied it to innovation, and drove its use across the entire organisation were the real winners in 2020 and are blazing ahead into 2021. This was the common thread from customers and speakers at this year’s TIBCO Analytics Forum.

FinecoBank today announces that UK customers will have access to a new suite of funds by Wellington Management via its investing platform.

Wellington Management is one of the largest global asset managers offering investment solutions spanning across the global equity, fixed income, multi-asset and alternatives.

The latest addition to Fineco’s investment platform follows a string of recent fund announcements made this year including AXA IM, Candriam and Ninety One.

Temenos, the banking software company, announces the winners of the 2021 Temenos Changemaker Awards for customers, presented at the annual flagship event, the Temenos Community Forum (TCF). The event brought together 50 industry speakers and 10,000 business leaders and technologists from around the world to reinvent and shape the future of banking.

Bottomline (NASDAQ:EPAY), a leading provider of financial technology that makes business payments simple, smart and secure, revealed today that almost half of business across Great Britain (47%) that intend to stop processing outbound international payments are doing so due to the difficulty in tracking them, while 40% plan to stop as they find it difficult to pay international suppliers on time. These issues are acutely felt by small businesses, who are more hesitant than their enterprise counterparts to start making international payments (38% vs 10%).