Commenting on the UK CPI slowing to 2%, Ian Warwick, Managing Partner at Deepbridge Capital, said “While inflation may have slowed slightly to fall within the Bank of England’s target of 2% this does not mean that rates won’t pick up over the coming months.

Commenting on UK CPI inflation coming in at 2%, Olivier Konzeoue, FX Sales Trader at Saxo Markets, said: “CPI rose by 2% in the 12 months to July 2021, down from 2.5% in June and below the 2.3% expected.

Commenting on UK CPI inflation coming in at 2%,Douglas Grant, Director of Conister, part of AIM listed Manx Financial Group, said: “The UK isn’t currently experiencing runaway inflation like in the US. This is not the say that rates won’t pick up over the coming months as more of the pandemic cost burden is passed onto consumers but as per UK GDP data last week, we are seeing more encouragement for the future of the UK economy.

Gilded, a new-age wealth-tech app offering fractional digital gold investment, allows users to send Swiss-refined physical gold digitally as gifts on the auspicious occasion of Raksha Bandhan and during the upcoming festive season.

Cyber threat intelligence is now being used by organisations of all sizes across industries and geographies. In fact, 85% of respondents to the 2021 SANS Cyber Threat Intelligence (CTI) Survey report they are producing or consuming intelligence with the remaining 15% planning to. More notably, for the first time the number of respondents without plans to consume or produce intelligence was 0%, down from 5.5% in 2020. But there is still much work to be done.

The UK-based Centre for Finance, Technology and Entrepreneurship (CFTE) compiled a list of the 157 fintech unicorns to date (those valued over $1 billion), per its blog post.

• UK Public Finance data released this morning shows a sharp improvement compared to where the Government’s finances were a year ago.
• Public Sector Net Borrowing in July almost halved, to £10.4bn, although this is still the second worst July for borrowing levels since records began. Both sides of the equation improved; spending fell by £2.9bn to £79.8bn, whilst government tax receipts of £70.0bn were up by £9.5bn on the prior year run-rate.

Combined effort further supports financial institutions with best-in-breed digital banking products and services

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