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      Post Office and Accenture set date to end 25-year Fujitsu contract

      One contract was even an extension of the Horizon deal with the Post Office itself, worth £63m.

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Business

  • Forvis Mazars tax partner: I’m confident we can handle the next 12 months

    October 30, 2025

    Raj Bhundia, tax partner at Forvis Mazars, takes us through his career, favourite City spots and his confidence for the next year.

  • ‘Sower of chaos’ – Russia behind UK cyberattacks, says Cloudflare boss

    October 30, 2025

    The recent spate of cyberattacks that have crippled British firms is largely being carried out by Russia, which used the outbreak of the conflict in Gaza as a “cover story” to deflect attention, the boss of one of the world’s largest cybersecurity firms has said. Cloudflare chief executive Matthew Prince told City AM that the [...]

  • Mel Stride rules out electoral pact with Reform 

    October 30, 2025

    Shadow Chancellor Mel Stride has insisted the Conservatives will not strike an electoral deal with Reform UK due to their “completely ruinous” economic agenda.  In an interview with a new online magazine led by the centre-right think tank Bright Blue, Stride said his party should avoid “indulging in populist politics” and focus on calling out [...]

  • Business owners still plan staff cuts due to last year’s NICs raid 

    October 30, 2025

    Nearly half of business owners are still planning to reduce headcounts in response to Chancellor Rachel Reeves’ £25bn tax hike on employers’ national insurance contributions (NICs), a new survey has indicated, pointing to the long-lasting economic effects of a brutal tax raid in her first Budget.  Reeves made sweeping tax hikes last year to fund [...]

  • The Gulf gamble: American and British law firms racing to Saudi Arabia

    October 30, 2025

    Saudi Arabia is rapidly becoming the focus of global legal attention. But this shift is not merely speculative; it is part of a calculated move by the Kingdom to attract world-class expertise. The Kingdom of Saudi Arabia changed its law two years ago to allow foreign law firms to operate independently, as part of its [...]

  • Is Next still a bellwether for the UK high street?

    October 30, 2025

    Next sailed past its projected sales figures this Autumn, the high street stalwart told markets on Wednesday, despite wider issues in the UK high street. Overall sales rose 10.5 per cent in the 13 weeks to October 25, far above guidance of 4.5 per cent, with international sales growth at 38.8 per cent quarter on [...]

  • Labour’s Liz Kendall unveils record £55bn R&D boost for UK innovation

    October 30, 2025

    Labour has announced a £55bn funding boost for science and technology, dubbing it the largest-ever long-term investment in UK research and development (R&D). The plan, confirmed today by the Department of Science, Innovation and Technology (DSIT), will pour billions into British research agencies and innovation bodies through to 2030 – part of the government’s drive [...]

  • FOMO worries drive investors to get their hands on gold

    October 30, 2025

    Global demand for gold hit record breaking highs in the recent financial quarter, as investors continue to pay significant amounts in order to get their hands on the asset amid fears of missing out on the rally. The precious metal has soared over the course of the year, storming to $4,381 (£3,308.64) this month, with [...]

  • Exclusive: Liz Kendall bets £55bn to close UK innovation gap

    October 30, 2025

    Britain’s new tech secretary, Liz Kendall, insists the government’s record £55bn R&D package marks a turning point for UK innovation, but with the country still lagging global rivals in key sectors, questions remain over whether even this scale of investment can close the gap. The funding, confirmed on Thursday by the Department for Science, Innovation [...]

  • Badenoch stitched Starmer up like a kipper

    October 30, 2025

    Kemi Badenoch scored a direct hit on Keir Starmer at Prime Minister’s Questions yesterday. In asking him if he could rule out raising income tax, VAT or national insurance she stitched him up like a kipper. She knew (we all knew) that he would decline the opportunity and the Tory leader knew that when she [...]

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