Treasury invests £63m in cloud services amid public sector overhaul October 1, 2025 HM Treasury has spent more than £63.6m on cloud services over the past three years, showing a decisive shift toward fully cloud-based IT infrastructure. The department has eliminated on-premise systems entirely, reflecting a broader digital transformation agenda across public spending and tax policy. According to the State of Digital Government Review, around 60 per cent [...]
Andrew Bailey’s stablecoin U-turn hailed as ‘positive step’ October 1, 2025 Andrew Bailey has issued a major climb down on stablecoins after previously being accused of “killing” the country’s ambitions with “prescriptive” views. The Bank of England governor – who has been branded a “dinosaur” by Reform’s Nigel Farage for archaic views on crypto assets – has now said the UK should “reap the benefits” of [...]
Global uncertainty: Political and digital risks reshape corporate priorities October 1, 2025 A surge in political risk and tensions has resulted in geopolitical volatility entering Aon’s top ten global business concerns for the first time. Aon’s ‘Global Risk Management Survey’, based on nearly 3,000 risk managers, C-suite leaders, and executives, revealed the most pressing risks for business decision-makers. The top ten list of risks facing businesses in [...]
Close Brothers looks to ‘accelerate’ after ‘messy’ year October 1, 2025 Close Brothers is hoping to switch gears and “accelerate” after the motor finance scandal had the bank stuck in a rut. The specialist lender’s share price has swerved between a low of 185.00 and peak of 555.00 over the last 12 months. The car misselling saga has been the driving force of stock woes, sending [...]
Keir Starmer is dangerously deluded October 1, 2025 The prime minister may have insisted yesterday that wealth creation is “the defining mission of this government” but it certainly wasn’t the defining mission of his speech to the Labour party conference. There were roughly 7,000 words in Keir Starmer’s address to party members in Liverpool, with “business” being uttered just four times – and [...]
Tax hikes push firms to automate jobs, says top UK recruiter October 1, 2025 Tax hikes and wage pressures are putting Brits at risk of losing roles to automation and offshoring, a top UK recruitment firm has warned. Hays has warned Britain is becoming “unattractive to hire people permanently” as employer costs mounted over the last year. “Wage pressures and national insurance changes are pushing employers to explore automation [...]
Keir Starmer ramps up attack on Reform in vow to ‘renew Britain’ September 30, 2025 Prime Minister Keir Starmer ramped up his attacks on Reform as he called for Brits to unite behind the government’s mission to “renew” the country. In a make or break speech to Labour Party members, Starmer said the country was at a crossroads moment to deliver “renewal” – though he pushed back against claims Britain [...]
Global talent visa: The migrants the UK really wants September 30, 2025 Keir Starmer’s great triumph – perhaps his only success – lies in his smart diplomacy with President Donald Trump. As Trump has moved to obliterate the world order, Starmer has made use of his soft spot for the UK. Now the Prime Minister is being urged to take advantage of Trump’s blind spot. In the [...]
Peter Kyle: We will get rid of 25 per cent of regulation September 30, 2025 Business secretary Peter Kyle said there were “absurdities” across regulatory bodies for businesses as he vowed to cut burdens by 25 per cent. In a fringe event at the Labour party conference, Kyle struck a bold tone on the extent of red tape holding the UK economy back, adding that he was asked by Keir [...]
Business sentiment sours as firms brace for tax hikes September 30, 2025 Business sentiment slumped in September as firms were braced for a fresh round of tax hikes in the autumn Budget. Private sector confidence slipped from 54 per cent to 42 per cent, according to the Lloyds Business Barometer survey, data which is typically seen as more cheery than rival surveys. Economic optimism edged down for [...]