Labour trails plans to fight cyberattacks October 30, 2025 The UK government is set to take further action to bolster national cyber resilience, City AM understands, as cybercrime continues to surge across the country. High-profile attacks on businesses, from smaller firms to major supply chains, have unveiled deep cracks and vulnerabilities in the economy. Tech secretary Liz Kendall told City AM: “We’re working really [...]
Flash of ‘hope’ ahead of Budget as manufacturing roars back to life October 24, 2025 The UK economy had a flash of “hope” in October after manufacturing roared back to life ending a year-long slump. The latest ‘flash’ PMI from S&P Global showed business activity jumped to a two-month high at 51.1, this was up from 50.1 in September. The growth was driven by a sharp uptick from the manufacturing sector which hit [...]
Jaguar Land Rover cyber attack hammers UK car production October 24, 2025 The most expensive cyber attack in British history suffered by Jaguar Land Rover contributed to car production being slashed by almost 30 per cent in September, according to new figures. Jaguar Land Rover was forced to halt production for five weeks from 1 September which has been estimated to have cost the UK around £1.9bn. [...]
£1.9bn price tag makes JLR Britain’s most expensive cyber attack October 22, 2025 The cyber attack on Jaguar Land Rover (JLR) has been estimated to cost the UK around £1.9bn, in what experts are calling the most economically damaging hack in British history. Research from the Cyber Monitoring Centre (CMC), a non-profit group that tracks major cyber incidents, found that around 5,000 organisations across the country were affected [...]
UK legal sector sees strong growth but AI puts pressure on hourly billing system October 20, 2025 The legal sector in the UK continues to outperform despite challenging market conditions but the uncertainty around cyber attacks could impede firms’ strategic objectives. According to the PwC Law Firm Survey 2025, the Top 10 law firms have reported UK fee income growth of 8.1 per cent, compared to 5.2 per cent across all international [...]
ICO fines Capita £14m after millions affected by data breach October 15, 2025 Capita has been fined £14m by the Information Commissioner’s Office (ICO) after millions were affected by its data breach. The fine follows a cyber attack in 2023 in which the personal information of 6.6m people was stolen, from pension records and staff records to the details of customers of organisations Capita supports. For some, this [...]
‘Exceptional’ M&S chair Archie Norman cleared for three more years in role October 14, 2025 Marks and Spencer’s board has unanimously extended Archie Norman’s tenure as chair in light of his “exceptional” performance over the last nine years. While it is uncommon for chairs to stay longer than nine years, the board of M&S agreed that Norman’s “deep knowledge of the business, drive and unique experience” were invaluable to the [...]
Surge in cyber attacks expected to generate windfall for consultants October 13, 2025 The recent surge in cyber attacks targeting major businesses and government entities is expected to drive an increase in spending on cybersecurity services from consulting firms. Cyber attacks have dominated the headlines this year, with recent incidents, such as the attacks on the Co-op and Jaguar Land Rover, resulting in substantial financial hits for the businesses. The [...]
NetJets: Losses spike at Warren Buffett’s private jet company October 10, 2025 Losses at the UK arm of NetJets, the private jet company owned by Warren Buffett’s Berkshire Hathaway more than doubled during its latest financial year, it has been revealed. The division has posted a pre-tax loss of $11.2m (£8.4m) for 2024, new accounts filed with Companies House show. The total comes after NetJets UK also [...]
Natwest hires top tech talent amid UK innovation push October 9, 2025 NatWest had doubled down on its support for the UK’s high-growth and innovation economy with two senior strategic hires in its newly formed venture banking team. Greg Brown has joined as head of venture capital coverage, and Kim Martin has stepped in as head of venture and growth finance, reflecting the bank’s renewed push to [...]