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UK economy records marginal fourth-quarter expansion amid slowdown. Official data show 0.1% growth between October and December 2025, underscoring continued fragility in output despite services resilience and steady consumer demand.
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Drata expands with new San Francisco headquarters opening. The trust management platform reports 190% enterprise growth and outlines new AI-driven product initiatives as it deepens its presence in the US technology market.
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AI adoption in finance reaches near-universal industry penetration. New research from Finastra finds just 2% of financial institutions report no use of artificial intelligence, as organisations shift from experimentation to scaled deployment across risk, customer service, and compliance functions.
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Signicat names Ray Ryan UK country manager. The hire comes as UK businesses report that 22% of annual revenue is affected by identity fraud and prevention costs, and as organisations prepare for regulatory changes including eIDAS 2.0.
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Major grid investment promises jobs and economic security. A £34bn programme to modernise the UK’s electricity grid could unlock £194bn in economic value by 2040 and support an additional 92,000 jobs annually, according to new modelling by Arup and Cambridge Econometrics.
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Barclays aims for £2 billion cost savings using AI. The bank plans to enhance productivity and customer experience by investing in technology while returning over £15 billion to shareholders by 2028 as part of its restructuring strategy.
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UK Budget forecasts were accessed 25,000 times before release. An investigation revealed a major security breach at the Office for Budget Responsibility, with documents downloaded thousands of times before the official Budget speech, prompting the resignation of its chairman.
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SLR acquires sustainability advisory firm SB&CO to expand sustainability solutions. Founded in 2020, SB&CO specialises in strategy, ESG, and decarbonisation planning, aiming to serve global clients’ needs effectively.
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BNP Paribas surpasses low-carbon financing goals in 2025 results. The bank directed over 80% of its energy financing to low-carbon sources by the end of 2025, exceeding its target to facilitate €200 billion in low-carbon and transition financing from 2022 to 2025.
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UK employers now see recruitment delays as a critical business risk. New research shows hiring speed has overtaken economic instability as the leading concern for UK organisations entering 2026, driven by persistent shortages across specialist professional roles.