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Insights Roundup: 22-10-2024

-INSIGHTS ¦ Future of Consulting in an AI world – Canton Capital -INSIGHTS ¦ Council Tax: Looking through the keyhole – Stepchange report -INSIGHTS ¦ Consultation on MaPS proposals for the delivery of its debt advice strategy… Read more

HIGHLIGHTS ¦ DEMSA Newsletter

What you need to know this week Unexpected Inflation Drop: UK’s inflation unexpectedly falls, potentially setting the stage for interest rate reductions.FCA Horizon Scanning Event: Scheduled for 10am, 22 October 2024, discussing upcoming regulatory changes.Insolvency Service Report: Highlights a concerning level of poor practice in the management of IVAs.Rise in Personal Insolvencies: September 2024 sees a significant increase in personal insolvency cases in England & Wales.MaPS Debt Advice Strategy: New proposals aimed at improving the delivery and effectiveness of debt… Read more

KEY THEMES+ ¦ DEMSA Summary

What you need to know this week Inflation in the UK has unexpectedly dropped, potentially leading to interest rate cuts. FCA has scheduled a horizon scan for 10am on 22/10/2024. The Insolvency Service has released a concerning report on early IVA failures. Personal insolvency statistics show a significant increase in England & Wales as of September 2024. MaPS has proposed strategies for improving the delivery of its debt advice. The regulation of BNPL products is advancing with government consultations and… Read more

Weekly Headline Roundup: 18-10-2024

Headline Update 18-10-2024 : -International meeting confirms the Sun has reached solar maximum in cycle 25 -FCA to open AI Lab -Average tradesperson chasing £6,000 in late payments -Business confidence falls as fears grow over tax burden -One in ten pubs face risk of closure -TSB fined £10.9m over treatment of customers in financial difficulty -Mortgage default rates rise – Credit Connect -One in three would rather spend in retirement rather than… Read more

EVENT SUMMARY ¦ FourNet: Digital Transformation Summit 2024

Another great event from the FourNet team in Manchester.. I always come away super informed… if not a little concerned… around some of the latest security threats. The landscape continues to evolve… it was interesting to see how AI is helping and also getting embedded into some of the issues too. CyberSecurity Key Takeaways Ransomware remains a top threat: The professionalisation of ransomware, especially from Russian-speaking regions, continues to grow.Social engineering on the rise: Sophisticated phishing attempts, brute force attacks… Read more

INSIGHTS ¦ Future of Consulting in an AI world – Canton Capital

Link Key Takeaways The professional services industry is undergoing significant transformation driven by generative AI (GenAI), which is reshaping traditional business models.GenAI is accelerating the automation of routine tasks, freeing professionals to focus on more strategic, creative, and high-value work.The “up-or-out” model, once a staple in professional services, is becoming obsolete as AI democratizes access to expertise across all levels of the hierarchy.AI-powered tools are enhancing decision-making, allowing for quicker and more accurate insights in legal, accounting, consulting, and engineering… Read more