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UK financial system faces rising geopolitical and cyber threats. Nikhil Rathi, FCA Chief Executive, warns of inadequate preparedness against threats affecting financial stability, insurance coverage, and systemic risks, urging enhanced collaboration and investment to bolster resilience and operational strength.
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Labour considers granting unions weekly workplace access, facing criticism. The proposed Employment Rights Bill could fine employers up to £75,000 for denying union access. Critics argue it empowers unions excessively, while supporters claim it benefits workers in insecure jobs.
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The UK’s tech ambition demands more than innovation. It must be secure by design. Sabeen Malik, VP of Global Government Affairs and Public Policy at Rapid7, argues that voluntary security codes will not deliver the resilience Britain needs. True progress depends on mandatory, measurable frameworks developed through meaningful public–private collaboration.
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AI is widening the value gap at work. A new Perkbox study of 5,000 UK participants finds employees increasingly feel less recognised as AI tools spread. While most employers see the technology as positive, many workers report it diminishes personal credit and sense of accomplishment.
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MPs urge urgent AI upskilling for civil servants. A new report highlights digital skill gaps in government leading to inefficiencies. Upskilling is essential for effective AI use and improved public services, warns the Public Accounts Committee.
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Apple faces a new antitrust complaint in Brussels. Filed by civil rights groups, the complaint alleges Apple’s App Store rules breach the EU’s Digital Markets Act, potentially worsening regulatory issues for the tech giant.
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Technology should serve humanity, not consume it. That’s the conviction driving Chris Kaspar, founder of Wisephone and Sage Mobile, whose “intentional technology” movement seeks to heal digital dependence. From rejecting multimillion-dollar deals to redesigning devices for peace of mind, Kaspar is proving ethics and innovation can coexist.
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A new psychometric tool measures behavioural risk in leadership teams. Behavioural Risk Index applies psychology and data science to identify how collective decision-making traits influence resilience, performance, and organisational outcomes.
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JCB CEO warns against harmful tax increases in upcoming Budget. Graeme Macdonald expresses concern over potential tax hikes affecting inward investment and British business, joining growing number of business figures voicing concern ahead of November’s budget.
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Morrisons to close 103 UK outlets to streamline operations. Morrisons will close cafés, florists, pharmacies, and convenience stores to optimise operations amid rising costs and focus on core growth areas. Profit recovery noted, but challenges persist with energy, staffing, and regulatory expenses.