CAB Payments Rejects Helios Takeover Bid

London fintech CAB Payments has rejected an increased £213m takeover proposal from Helios Investment Partners, calling it 'highly opportunistic' and undervaluing the company's future prospects.

RBA Rate Hike: A Potential Policy Error

As the RBA meets, most experts predict a rate hike, but some warn it could derail Australia's fragile economic recovery and ignore moderating inflation trends.

BoE's Breeden: UK Risks Lagging on Payments Innovation

Bank of England deputy governor Sarah Breeden warns that rival nations like Sweden and Brazil have overtaken the UK in payments innovation, calling for urgent development of next-generation systems including a digital pound.

Michael Flacks Interested in British Steel Takeover

British investor Michael Flacks is reportedly preparing a bid for government-controlled British Steel, with plans to combine it with an Italian plant to create a major European metals group.

EY Avoids £2bn Judgment in NMC Health Settlement

The £2bn legal action against EY over its auditing of collapsed FTSE 100 firm NMC Health has been withdrawn following a confidential settlement agreement between administrators and the Big Four firm.

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