M&S reveals full cost of cyber attack November 5, 2025 The hit from Marks and Spencer’s cyber attack earlier this year is set to total £136m by 2026, the company said this morning. This is in addition to insurance income of £100m related to the attack, which hit the FTSE 100 firm in April. The fashion and food company was forced to suspend online orders [...]
Left and rightwing think tanks join to call for ‘pro-growth’ tax reform November 5, 2025 Several think tanks from across the political divide have joined forces to call for sweeping tax reforms in a report that seeks to prioritise productivity growth and fairness in the wider system. Economists and policy officials from the left-leaning IPPR, the right-leaning Centre for Policy Studies and the likes of the Adam Smith Institute and [...]
Tip off: here’s how to fix infuriating service charges in restaurants November 5, 2025 Faced with high staff costs, restaurants are finding ways around new laws to make sure waiters can keep their tips. There is a better way, says Richard Crampton Platt “Call it whatever you want, it’s still theft!” I said to my flabbergasted general manager. It was bright and early on a Monday, we were sitting [...]
Autumn Budget: Reeves must cure British ‘pessimism’ disease November 5, 2025 Ahead of the Autumn Budget, City Reporter Samuel Norman sits down with top industry names for a Budget Briefing. This week, chief executive of Peel Hunt urges Reeves to use the Budget to start the cure for British pessimism. As Rachel Reeves ruminates over which tax prescription to write to fill her fiscal black hole, [...]
IGI Reports Third Quarter and First Nine Months of 2025 Unaudited Financial Results November 4, 2025 International General Insurance Holdings Ltd. (“IGI” or the “Company”) (NASDAQ: IGIC) today reported financial results for the third quarter and first nine months of 2025. Highlights for the third quarter and first nine months of 2025 include: (in millions of U.S. Dollars, except percentages and per share information) Quarter Ended September 30, Nine Months [...]
Compass Pathways Announces Third Quarter 2025 Financial Results and Business Highlights Including Acceleration of Commercial Launch Plans by 9-12 Months November 4, 2025 Company accelerating commercialization readiness plans by 9-12 months, following completion of COMP006 trial enrollment and positive meeting with FDA on NDA submission strategies for COMP360 in TRD, including potential rolling submission Company now plans to disclose 9-week data (Part A) from COMP006 together with 26-week data (Part B) from COMP005 in Q1 2026 Disclosure of 26-week (Part B) COMP006 data expected in early Q3 2026 Cash position of $185.9 million as of September 30, 2025 Conference call on November 4 at 8 am ET (1 pm UK)
Diffblue’s Latest Innovations in Unit Test Generation Deliver 20x Productivity Advantage Versus AI Coding Assistants November 4, 2025 New benchmark study confirms Diffblue’s advantages over LLM coding assistants realized through its reinforcement learning-powered agentic capabilities
ISA reform could bring £16bn into UK equities each year November 4, 2025 The government could bring a much-needed boost to UK markets with one simple, tax-neutral measure, argues Richard Staveley, manager of UK small-cap investment trust Rockwood Strategic. ISAs are undoubtedly much loved in the UK, with more than 22m accounts and around £775bn in total assets, which exceeds the amounts saved into defined contribution pension schemes. [...]
In-House Counsel Warn of Mounting Risks as Service of Process Volume Surges November 4, 2025 93% of in-house counsel say mass arbitration is increasing SOP risk and complexity 59% report varying state requirements are driving compliance errors 97% use AI for managing or analyzing SOP, yet 96% remain concerned about accuracy and speed
Lawyers warn Reeves: Don’t destroy £60bn industry over LLPs gambit November 4, 2025 The legal industry has slammed Chancellor Rachel Reeves’ proposed tax hike on LLPs, saying the move “could harm one of the UK’s most globally competitive sectors.” As she aims to fill the fiscal black hole, Reeves is reportedly targeting limited liability partnerships (LLPs) for a tax raid for the first time. The LLP model, used [...]