Clearbank deposits balloon amid growth at Revolut and Coinbase Fintech The banking backbone behind the likes of Revolut and Coinbase has recorded a surge in deposits and revenue as client activity hit record levels Clearbank, which launched in 2017 to provide banking infrastructure and embedded services to challengers, posted a 65 per cent jump in deposits in 2025, reaching £17.8bn. The growth came as the [...]
Companies House disciplined over 100 staff for compliance breaches Business Over a hundred members of staff at under-fire Companies House faced disciplinary action for compliance breaches in the last three years. Fresh figures from a Freedom of Information request reveal the UK’s registry body for companies took action against 131 staff since December 2022. The disciplinary measures were a result of breaches relating to the [...]
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 [...]
AI anxiety grips UK as TUC pushes for ‘worker-first’ strategy August 27, 2025 The Trade Union Congress (TUC) has unveiled a new ‘worker-first’ AI strategy, urging the government to prioritise employees and unions at the centre of its AI policy. This move follows recent findings from the same union, which revealed that half of UK adults are concerned that AI will either take or significantly alter their jobs. The [...]
Softcat beats analyst expectations as profit jumps March 19, 2025 UK tech infrastructure firm Softcat beat analyst expectations last year as profit growth accelerated into the double digits over the last six months of the year. Gross profit at the firm increased by 12.1 per cent to £220.2m, above analyst expectations of £218.3m, Softcat revealed in its half-year report. Meanwhile, operating profit climbed 10.4 per [...]