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SSEN Transmission secures £1bn loan for Scottish grid upgrades. The £1bn green loan, backed by an £800m UK National Wealth Fund guarantee, will finance four major transmission projects in northern Scotland, supporting 3,400 jobs and enhancing energy security.
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Demand for IT professionals rises despite UK labour market concerns. Over half of UK businesses plan to expand their IT teams, highlighting digital skills’ importance as unemployment rises. Cybersecurity roles face critical shortages, stressing the need for skilled professionals.
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Business confidence rose slightly at the end of 2025. Lloyds Banking Group’s survey indicated a modest increase in business confidence after the Autumn Budget, despite earlier concerns over potential tax hikes. Optimism reached a four-month high.
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Automation is racing ahead of security controls. As AI agents join corporate networks, experts warn that 2026 will test enterprise resilience. ExtraHop’s Jamie Moles says governance, visibility, and culture will define whether businesses stay ahead or get blindsided.
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AI has become accessible to small businesses almost overnight. Yet as Kelly Salter, Commercial Director at names.co.uk (part of team.blue), explains, many still struggle with skills gaps, confidence, and trust. Bridging this divide requires practical guidance and mindset change — helping small businesses see AI as a partner, not a threat.
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HMRC is intensifying its scrutiny of fast growing UK companies. Francesca Titus, barrister and white-collar crime partner at McGuireWoods, warns that expanding enforcement powers, AI-led investigations, and new criminal offences are raising the stakes. For scale-ups, proactive compliance is now essential — before HMRC comes knocking.
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Leonardo warns of potential UK helicopter factory closure. The Italian defence group may shut its Yeovil site if it fails to secure a £1 billion Ministry of Defence contract, jeopardising the future of Britain’s last remaining helicopter manufacturing facility.
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China keeps its lending rates unchanged for the seventh month. The People’s Bank of China held the one-year Loan Prime Rate at 3.00 per cent and the five-year at 3.50 per cent, signalling a preference for policy stability amid a fragile economic recovery.
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Gold and silver broke all-time records on Monday as investors priced in 2026 rate cuts, capping a historic year for precious metals amid slowing global growth and renewed safe-haven demand.
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UK GDP rose by just 0.1% in the third quarter. Growth was marginal and unchanged from earlier estimates, underscoring a slowing economy as the year closes. Services and construction made small gains, but production fell and household spending remained weak across most regions.
