Operational resilience remains the top priority for financial services firms, as the sector reports the most significant improvement in optimism since December 2013. This is according to findings the latest CBI / PwC survey of the sector, published this morning. Respondents also reported continued growth in profitability, with all sectors except banking experiencing profits growth.

Businesses are more concerned about competition, technology-impacted processes and regulation than they are about COVID-19, signalling a shift in focus beyond the pandemic. This is according to a new study which suggests that executives have already begun to plan for new waves of disruption in a post-pandemic world.

The collapse of Carillion in 2018 highlights a pervasive culture of 'corporate deviance' embedded at the heart of the UK construction sector, according a London South Bank University study. By performing a qualitative analysis on the collapse of construction giant, researchers identified the most common 'deviant practices' and sources of ‘normalisation of deviance’ embedded in the sector.

Pandemic-induced pressures have contributed to larger increases in global economic risk than ever before, according to the latest Political Risk Map from Marsh Specialty. Social inequality is a pervasive risk across multiple regions – particularly in the Americas and Europe – and is likely to influence elections, contribute to political and economic nationalism, and could create conditions that spark open conflict.

While traffic in the Suez Canal is now moving normally again, the consequences of the delays to cargo on around 300 ships are about to be felt by destination ports and last mile logistics.

Beazley is to offer its Beazley Breach Response and InfoSec cyber policies to businesses domiciled in Germany.