Nikhil Rathi reappointed as Chief Executive of the Financial Conduct Authority

The Chancellor Rachel Reeves has confirmed the reappointment of Nikhil Rathi as Chief Executive of the Financial Conduct Authority (FCA) for a second five-year term until September 2030. Press Release – 10 April 2025 – Nikhil Rathi will lead the FCA as it continues to drive reform to make the UK the best place to do business by removing unnecessary, outdated and duplicate regulations – … Continue reading Nikhil Rathi reappointed as Chief Executive of the Financial Conduct Authority

Impact Newswire14/04/202514/04/2025

Europe, Untied Kingdom

HUL and NSRCEL-IIM-B launch ‘Climate Incubation Hub’

Press Release – 8 April 2025 – Hindustan Unilever Limited (HUL) in collaboration with the Nadathur S Raghavan Centre for Entrepreneurial Learning (NSRCEL), the startup hub at IIM Bangalore, has launched the Climate Incubation Hub. It is a collaborative programme between industry and academia to nurture Indian startups to advance climate innovations in India. The ‘Climate Incubation Hub’ aims to foster scalable solutions that address … Continue reading HUL and NSRCEL-IIM-B launch ‘Climate Incubation Hub’

Impact Newswire14/04/202514/04/2025

Untied Kingdom

EY announces large-scale integration of leading-edge AI technology into global Assurance technology platform

Press Release – 09 Apr 2025 – London – EY has announced the latest milestone in its groundbreaking US$1b, four-year Assurance technology investment – an industry-leading series of capabilities which bring artificial intelligence (AI) at scale to support the organization’s 160,000+ audit engagements around the world. The new releases are part of the EY organization’s ongoing audit transformation program and introduce new technology to its … Continue reading EY announces large-scale integration of leading-edge AI technology into global Assurance technology platform

Impact Newswire12/04/202512/04/2025

Untied Kingdom

AI Energy Council to ensure UK’s energy infrastructure ready for AI revolution

Industry heavyweights from the energy and technology sectors will descend on Whitehall today (8 April) for the first meeting of the UK’s new AI Energy Council. Press Release – 8 April 2025 – Co-chaired by the Technology and Energy Secretaries, today’s inaugural meeting will see members agree the council’s objectives with a key aim focused on how the government’s clean energy superpower mission, and its … Continue reading AI Energy Council to ensure UK’s energy infrastructure ready for AI revolution

Impact Newswire09/04/202509/04/2025

Untied Kingdom

Cassava Technologies Secures USD 310 Million in Funding and Completes Business Reorganisation

Cassava Technologies (Cassava), a global technology leader of African heritage, proudly announces three significant milestones: a substantial equity injection, the successful completion of its South African Rand (ZAR) debt refinancing, and the finalisation of its legal reorganisation. These strategic initiatives position Cassava for robust growth underpinned by a strong balance sheet. Cassava has closed an equity investment round of $90 million with participation from U.S. … Continue reading Cassava Technologies Secures USD 310 Million in Funding and Completes Business Reorganisation

Impact Newswire05/04/202505/04/2025

Untied Kingdom

L&G appoints Paula Llewellyn as CEO, DC & Workplace Savings

Largest UK DC pension provider announces change to executive leadership team. Press Release – 24 Mar 2025 – L&G has appointed Paula Llewellyn as CEO, DC & Workplace Savings, effective 1 April 2025, subject to regulatory approval. In the newly created role, Paula will be working across L&G’s Retail and Asset Management businesses. She will be responsible for the combined growth of L&G’s DC & … Continue reading L&G appoints Paula Llewellyn as CEO, DC & Workplace Savings

Impact Newswire28/03/202528/03/2025

Untied Kingdom

AstraZeneca to invest $2.5 billion in new global strategic R&D centre, biotech agreements and manufacturing in Beijing

AstraZeneca is establishing a new global strategic R&D centre in Beijing, its second in China and sixth worldwide Investment includes biotech agreements with Harbour BioMed, Syneron Bio and BioKangtai Press Release – 21 March 2025 – AstraZeneca today announced an investment of $2.5 billion in Beijing to establish its sixth global strategic R&D centre together with major research and manufacturing agreements that will further advance … Continue reading AstraZeneca to invest $2.5 billion in new global strategic R&D centre, biotech agreements and manufacturing in Beijing

Impact Newswire28/03/202528/03/2025

Untied Kingdom

British Business Bank commits up to £50m to Elbow Beach’s Climate Impact Fund 2

Press Release – 21 March 2025 – The British Business Bank today announces it has made a cornerstone commitment of up to £50m to Elbow Beach’s Climate Impact Fund 2 through its Enterprise Capital Funds programme. The Fund, which has already secured commitments for £63m of capital, will back startups across the UK pioneering technology solutions to big industry problems, at the intersection of efficiency … Continue reading British Business Bank commits up to £50m to Elbow Beach’s Climate Impact Fund 2

Impact Newswire28/03/202528/03/2025

Untied Kingdom

NatWest & OpenAI collaborate to accelerate cutting-edge AI transformation in support of bank-wide simplification and enhanced customer experience

NatWest Group has today announced that it has become the first UK-headquartered bank to work with OpenAI as part of a collaboration that supports its strategic focus on bank-wide simplification. Press Release – 20 Mar 2025 – NatWest Group has today announced that it has become the first UK-headquartered bank to work with OpenAI as part of a collaboration that supports its strategic focus on … Continue reading NatWest & OpenAI collaborate to accelerate cutting-edge AI transformation in support of bank-wide simplification and enhanced customer experience

Impact Newswire28/03/202528/03/2025