NCA highlights worrying advances in criminal exploitation of technology
The National Crime Agency has outlined the serious and organised crime (SOC) threats facing the UK in its annual National Strategic Assessment. The report highlights how online networks of criminals are increasingly exploiting advances in technology to cause harm across a broad spectrum of offences including cybercrime, fraud, extremism, serious violence, and child sexual abuse. […]
Leidos UK & Europe appoints Adam Clarke as new CEO
Leidos has announced the appointment of Adam Clarke as the new Chief Executive Officer for Leidos UK & Europe, effective 31st March 2025. Clarke brings over 20 years of experience in the aerospace, defence, and security sectors. Clarke succeeds Eric Freeman, who has served as interim CEO since February 2024 and will be returning to […]
Transition continues as Aptitude’s revenue slides
UK software vendor, Aptitude, has published its latest annual results revealing a decline in revenue coupled with a modest upturn in profitability. For the year ended 31 December 2024, total revenue fell by 6% to £70m whilst Operating Profit was up 8% to £5.7m. Non-recurring revenue was down 26% at £15.6m whilst recurring revenue was […]
Atos UK&I rebound: Defra win provides major boost
Atos has signed a five-year contract, with a potential total value of £150m, to deliver transformational End User Services to Defra’s 33,000 colleagues across the UK. The new contract will see the amalgamation of service desk and end user services into a single coherent, agile service utilising remanufactured devices from Atos’ partner Circular Computing (see […]
AI in Government: Promise vs preparedness amid civil service cuts
As Rachel Reeves delivers her Spring Statement today, we face a significant tension between the government’s ambition to harness AI for public service transformation and its readiness to do so. Ahead of the statement, the Chancellor has confirmed plans to cut government running costs by 15% by the end of the decade, reducing around 10,000 […]
Reactwise raises £2.6m to advance AI-driven drug manufacturing
London based startup Reactwise has secured $3.4m (£2.6m) in pre-seed funding, including a highly competitive Innovate UK grant, for its approach to AI-driven drug development. The round was backed by Y Combinator, the UK government, and venture capitalists and angel investors. The pharmaceutical industry faces a major bottleneck in drug development, with many months lost […]
A slow year for GetBusy
Cambridge HQ’d productivity software provider, GetBusy plc’s hopes that its “more modest” H124 top line performance would be followed by a much stronger end to the year proved overly optimistic. In line with the company’s January trading update, turnover for the twelve months ended 31st December hit £21.45m. The increase in this metric of just […]
Personal Group benefiting from streamlined structure
A lot has happened since we last took a look at the Personal Group some twelve months ago (see Personal Group’s year of change). This morning’s results outline a solid financial performance for FY2024, with double-digit growth across all divisions amid significant operational streamlining. The workforce benefits and health insurance provider reported a 13% increase […]
Post-quantum migration should be underway by 2028
Last week the NCSC published a report outlining a timeline by which organisations must migrate safely to post-quantum cryptography (PQC), as the development of more capable quantum computers raises the risk that such machines will soon crack traditional encryption measures. The threat to cryptography from future large-scale, fault-tolerant quantum computers is now well understood. Quantum […]
Team Internet pivots amid challenging Search landscape
Team Internet’s FY2024 results (badged as a trading update to allow sufficient time for the company’s auditor PWC to complete its audit) reveal a company in transition, with a -4.1% decline in gross revenue to $802.8m and adjusted EBITDA down -4.7% to $91.9m. A steep -82.1% drop in operating profit to $8.2m stems primarily from […]