British neobank eyeing US expansion after banking licence
A hacking group calling itself ShinyHunters has claimed it has stolen two to three terabytes of FBI-related data, including a 5,000-line sample with names, addresses, phone numbers, Social Security numbers and assignment details for thousands of current and former FBI employees. The FBI has said it is aware of the claims, has taken the jobs portal offline and has opened an active investigation.
The government has positioned itself as a partner for growth, hosting roundtables with business leaders and regional mayors to push a culture shift toward easier start-ups, reduced costs, and devolved power. Officials warn of a tough Budget environment amid rising borrowing costs and energy prices.
London’s fintech scene is facing tighter funding and pressure to demonstrate success. Firms set up over the past decade must now show results or pivot, with exit opportunities narrowing and investors recalibrating valuations.
A Google Cloud outage in the Europe-west2 region, likely London, has disrupted multiple services in the UK. Banks report card payments and sign-ins affected; HM Courts & Tribunals Service experiences video-link outages. Google says issues are largely resolved with an internal investigation to follow.