Growing threats to UK financial stability Video What keeps you up at night? For the governor of the Bank of England it’s a long list of threats to the UK’s financial system – so let’s take a look at them. The Bank of England’s latest financial stability report makes for a sobering read. It says “risks to financial stability have increased during [...]
UK cyber attacks will inevitably increase, HP boss warns Tech It is inevitable that the number of cyber attacks faced by UK companies will increase in the coming years, the Northern European boss of technology giant HP has warned. Speaking on an up-coming episode of City AM‘s Boardroom Uncovered podcast, Neil Sawyer added that businesses should “stay ahead of the game” in order to help [...]
Jaguar Land Rover: JLR loses almost £500m after cyber attack Transport and infrastructure Jaguar Land Rover (JLR) lost almost £500m during the second quarter of its financial year as it battled the most expensive cyber attack in British history. The automotive giant has reported a loss before tax and exceptional items of £485m for the three months to 30 September, 2025. The figure compares to a profit of [...]
‘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 [...]
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. [...]
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 [...]
Cyber hackers know the weakest spot to target: unhappy employees October 8, 2025 Loyalty has become the frontline of cyber defence. A disaffected employee is more dangerous than the most sophisticated malware.
Labour planning rescue for Jaguar Land Rover after cyber attack September 27, 2025 The Labour government is set to announce an emergency rescue package for Jaguar Land Rover as soon as this weekend after the firm was driven into chaos following a cyber attack. Business secretary Peter Kyle has been in “intense conversations” with JLR and its parent company Tata after fears the knock-on effect of the hack [...]
Firms turn to security as threats to bosses rise September 24, 2025 British businesses are bolstering security measures for their chief executives faster than any other country in Europe, in the face of rising threats to bosses’ personal and cyber security. According to a fresh report examining rising threats to executives across the world, over a third of the UK’s chief security officers (CSOs) believe bosses in [...]
Cyber attack hits Heathrow and European airports September 20, 2025 A cyber attack has caused flight delays at Heathrow and several European airports, with problems lasting for hours on end. Airports in London, Berlin and Brussels have warned passengers that their flights may be delayed due to technical issues in check-in and boarding systems. The software provider, Collins Airspace, was suffering a technical issue for [...]