Insights
Our experts provide their insights on the latest industry developments and share tips on accountancy and business matters.
19 May 2021
Gradually, then suddenlyArguably, the last decade has seen the financial services sector facing the most fundamental attack that it has faced in over a century, due to technological changes leading to new competition and driving swings in consumer behaviour. Looking in more detail at obsoletion, we begin by examining the key threats to financial services firms and finish by providing a strategic framework which can be used to avoid long-term decline.
09 April 2021
The branch closure foxtrot – fast, slow, and then fast againUK Banks are facing a post-COVID identity crisis, and it’s essential that they think hard about completely discarding their physical outlets if they wish to stay relevant in the future.
08 January 2021
Banking in a cashless society‘Card payments only’. ‘Contactless preferred’. ‘No cash accepted’. These phrases will be familiar to anyone who has ventured out to the shops since the onset of the coronavirus pandemic. While businesses have embraced big change in an effort to protect staff and reduce unnecessary physical contact; ‘small change’ has suffered the opposite fate.
17 December 2020
Hype or hope? – The true value of a brandA brand can be hugely instrumental to the success or failure of a firm yet it is something that is sometimes seen only as the preserve of the Big Corporates.
19 November 2020
COVID could spell the end for smaller banks – but the Big Five must learn from them firstIt’s difficult to adequately explain the scale of the economic challenges brought on by COVID-19, but tectonic is probably about as close as you’ll get. Like the shifting continental plates beneath our feet, the very structure of the economy is moving and reshaping due to the coronavirus pandemic. All sectors will have to adapt to these changes, but it is particularly important that the banking sector is prepared.
Arrange a free consultation with the team now
Have a general enquiry? Get in touch.