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Visualsoft promotes former KPMG figure to CFO as it expands Shopify offering

Published: October 21, 2025 at 2:37 pm

Durham-based eCommerce agency Visualsoft has appointed Lucy Dixon as its new CFO as the company continues to expand its Shopify offering and strengthen its financial foundations for growth.

Dixon joined the business six years ago from KPMG, where she trained and qualified as a chartered accountant before moving into industry.

During her time at Visualsoft, she has overseen the evolution of the company’s finance function, introducing new systems, improving profitability visibility and embedding data-led decision-making across the business.

In her new role, she will be responsible for driving financial strategy, operational efficiency and long-term value creation as Visualsoft focuses on scaling its Shopify partnerships and deepening relationships with larger enterprise clients.

Which FTSE 100 & 250 constituents are seeing their share prices move today?

Published: October 21, 2025 at 12:41 pm

Risers:

B&M European Value Retail S.A. – +3.61%

W.A.G Payment Solutions – +3.10%

Melrose Industries – +2.96%

Segro – +2.94%

AO World PLC – +2.81%

Fallers:

Playtech – -28.20%

Hochschild Mining – -9.38%

Fresnillo – -5.98%

Bluefield Solar Income Fund – -5.64%

Endeavour Mining PLC – -4.12%

AIM-listed Rosslyn reports slight yearly revenue increase

Published: October 21, 2025 at 12:24 pm

AIM-listed spend analytics specialist Rosslyn expects to report revenue of £3 million for the year, up slightly from £2.9m a year earlier.

The London-based company anticipates a narrower adjusted EBITDA loss of £2m, compared with £2.5m in FY2024.

A £300,000 portion of development work for a major new client has been deferred and will now be recognised across FY2026 and FY2027, which the business has said will improve performance in those years.

The board said trading in the first quarter of FY2026 was in line with expectations, but full-year performance will depend on the timing of new contract wins and the rollout of work with its major client.

Shawbrook sets London IPO price range

Published: October 21, 2025 at 12:19 pm

Shawbrook Group has set the price range for its London IPO at 350-390p per share, valuing the specialist bank at between £1.8-£2 billion.

The company plans to raise around £50 million through the issue of up to 14.3m new shares, while its current owner, Marlin Bidco, will sell up to 81.1m existing shares.

Admission to the London Stock Exchange’s Main Market is expected on 4th November 2025, with the final offer price to be announced on 30th October.

Anton & Rio Ferdinand partner with Intuit QuickBooks

Published: October 21, 2025 at 12:06 pm

Rio and Anton Ferdinand have launched a new partnership between their organisation, The Ferdinand Collective, and FinTech firm Intuit QuickBooks.

The initiative is aimed at helping young footballers build financial awareness alongside their development on the pitch.

It brings financial literacy into youth football pathways, teaching players and their families practical skills around money management, business basics and planning for life after sport.

It follows warnings from the Professional Footballers’ Association (PFA), which says 10-20% of former Premier League players face serious financial trouble within five years of retiring.

CFO to become CEO at AB Dynamics

Published: October 21, 2025 at 10:29 am

AB Dynamics has appointed Sarah Matthews-DeMers as its next CEO.

Matthews-DeMers, who currently serves as CFO, succeeds James Routh, who will remain with the business until the end of the year to ensure a smooth transition.

Routh will then leave to lead fellow listed firm Victrex at the start of 2026.

The new CEO is said to have played a key role in transforming the automotive testing and simulation group over the past six years.

A Fellow of the Institute of Chartered Accountants in England & Wales, she previously held senior finance and strategy roles at Avon Rubber, Rotork and Carclo, following 14 years at PwC.

AIM-listed HealthTech on borrowed time as cash runway extended

Published: October 21, 2025 at 9:13 am

Author: Patrick Killeen

Digital healthcare firm Trellus Health faces a race to secure fresh funding and stay afloat, despite extending its cash runway until early December 2025.

The AIM-listed company, which operates the Trellus Elevate digital platform to help patients manage chronic conditions such as inflammatory bowel disease, said it held $1.6 million in cash at the end of June.

This was enough to fund operations until early November, but, following new cost-saving measures, that runway has been extended by another month.

The London and New York-headquartered firm has also managed to reduce its monthly cash burn from around $440,000 to $395,000, but without new investment or a major revenue boost, it could still run out of funds before the end of the year.

Revenues drop but EBITDA in line at Manchester’s NCC Group

Published: October 21, 2025 at 9:12 am

Cybersecurity and software escrow firm NCC Group has reported annual revenue of around £294 million for the year to 30th September 2025 – a 2.5% drop from the previous year.

The fall was driven by a 4% decline in its Cyber Security division to £227m, partly offset by a 2% rise in Escode, its software escrow arm, to £66.5m.

Despite the dip in sales, gross margins improved to 44.5% thanks to tighter cost control, while adjusted EBITDA came in at roughly £43.5m – in line with forecasts.

The listed Manchester-based company ended the year with net cash of £13m, giving it flexibility as it explores options for its Escode business, including a possible sale.

AWS returns to normal operations

Published: October 21, 2025 at 7:24 am

Amazon Web Services says the problems which saw dozens of the world’s most popular platforms go down yesterday have now been fixed.

AWS said all services have “returned to normal operations”.

MathsWatch invests in literacy skills platform EdenFiftyOne

Published: October 20, 2025 at 4:50 pm

EdTech provider EdenFiftyOne has announced a strategic partnership and investment from fellow educational technology firm, MathsWatch, following a £250,000 pre-seed equity raise. 

The investment secures a 13% stake for MathsWatch and is designed to dramatically scale EdenFiftyOne’s footprint and accelerate its AI-driven product roadmap, specifically focusing on literacy support across the UK and beyond.

Both companies were founded by former teachers who developed technology to deliver equitable and inclusive access to core skills.

West Midlands unveils £187m AI & cyber plan at Birmingham Tech Week

Published: October 20, 2025 at 4:41 pm

A £187 million AI & cyber plan for the West Midlands has been unveiled at Birmingham Tech Week.

The announcement came as part of the leadership opening event for the seventh annual Birmingham Tech Week, which brings together 8,000 industry experts and regional figureheads over five event-packed days in venues across the city.

Among the most significant announcements were the regional rollout of TechFirst, a £187m programme that will bring AI and digital skills into classrooms, careers, and communities; and the launch of the West Midlands Combined Authority (WMCA) AI Missions Document, a ten-year vision to help regional SMEs harness the potential of AI for growth innovation and public service adoption.

RWS appoints LA-based industry pioneer Michael Wayne

Published: October 20, 2025 at 4:26 pm

Content solutions company RWS has named Michael Wayne as head of media and entertainment.

The Maidenhead company says the appointment underscores its ambition to transform the future of AI-powered media localisation.

Wayne, based in Los Angeles, is a former executive at Papercup, Sony Pictures Entertainment and ABC Television.

We no longer carry cash – so we need backup systems for critical services

Published: October 20, 2025 at 4:15 pm

Author: Mona Schroedel, specialist data protection lawyer, Freeths

[The AWS incident] is not the first major outage we have experienced in recent memory. Only a little over a year ago a Microsoft outage caused airports and banks to grind to a halt. Modern life especially after the pandemic has become dependent on virtual connectivity and systems. It isn’t that long ago that most people carried cash and would have been perfectly able to bridge a banking issue without complications. However, nowadays cashless payments are the norm and most of us don’t habitually carry cash anymore.

As with the law in this area, the need for practical review and adjustments just cannot keep up with the speed of the advancement. That leaves end users vulnerable to be negatively impacted if the few big providers are targeted or have a technical issue. More ought to be done to ensure that there are (a) backup systems for critical services and (b) that the practical aspects of our modern convenient virtual life are reviewed and regulated.

Innovate UK launches £1m Agentic AI Pioneers Prize

Published: October 20, 2025 at 4:00 pm

Innovate UK has launched the Agentic AI Pioneers Prize – a £1 million national competition to accelerate agentic AI development across three critical UK sectors: Advanced Manufacturing, Health and Life Sciences, and Creative Industries.

The competition will focus on developing practical Agentic AI solutions to real challenges defined by sector specialists. These have the potential to accelerate drug development, cut manufacturing costs, and bring new applications of generative design to creative production.

Expressions of interest are open until Wednesday 19th November, and an online briefing event is taking place for potential applicants on Thursday 23rd October. Both can be accessed via the Innovate UK website.

UK regions given extra £20m science and tech cash boost

Published: October 20, 2025 at 3:35 pm

Three UK regions have been given an extra £20m science and tech cash boost.

Greater Manchester, West Midlands and Glasgow City Region have been backed to the tune of £50 million each to support local innovation priorities from life-saving medicines to clean fuels that can cut bills.

The new funding is the latest commitment from the government’s £500m Local Innovation Partnerships Fund (LIPF) and builds on the initial £30 million earmarked for each place in June’s Spending Review, along with seven others across the UK, including Cardiff City Region, Belfast-Derry/Londonderry and West Yorkshire.

The Government is also inviting further bids of up to £20m from high potential innovation clusters in all other regions of the UK.

Douglas & Gordon powers growth with AI deployment and expanded tech team

Published: October 20, 2025 at 3:15 pm

Real estate agency Douglas & Gordon has deployed AI in its operations and will be expanding its development team in 2026.

Since 2021 buyers have been able to submit offers online 24/7, with adoption now at scale. Today, 88% of lettings offers and 50% of sales offers are now made through the website.

At the heart of this innovation is EDGE, D&G’s proprietary technology platform and app. EDGE integrates marketing, operations and clients services into a single, streamlined system, supported by an online documentation library and built-in CRM.

D&G has now gone further, deploying AI to enhance partner prospecting and client engagement at scale. The new capability will enable faster, more targeted communication and unlock new opportunities across the company’s 400,000-strong client base, making interactions with the property market more efficient, responsive and personal.

AWS outage exposes critical single point of failure

Published: October 20, 2025 at 2:28 pm

Author: Dr Aybars Tuncdogan, reader (associate professor) in digital innovation and information security, King's College London

The AWS outage doesn’t appear to be a cyber attack but a glitch – similar to last year’s CrowdStrike outage. The impact is similar and exposes a critical single point of failure. If a comparable vulnerability were deliberately targeted by malicious actors, the damage would be far worse.

The deeper issue is tech monoculture. We are building global infrastructure with very little diversity in platforms or providers. That’s why we are seeing systemic failures. It’s like agricultural monoculture – when everything relies on a single strain, one disease can wipe out entire plantations, because they all have the same genetics.

We need to diversify our technology infrastructure. Customers can design redundancy (i.e., systems that come online when something goes wrong) using on-premise failover or alternative providers. However, this can also be achieved by the providers themselves, such as by developing different competing infrastructures within their ecosystems.

This incident will likely be resolved quickly. However, unless we rethink the architecture (that is, we decentralise and diversify), we should expect more outages of this scale, whether from glitches or targeted attacks.

STFC launches powerful new AI supercomputer for industry

Published: October 20, 2025 at 2:04 pm

The Science and Technology Facilities Council’s Hartree Centre has launched a powerful new supercomputer designed to help UK industry accelerate innovation through artificial intelligence and advanced computing.

Located within the STFC’s new £30 million Supercomputing Centre at its Daresbury Laboratory, the system is named in honour of Mary Coombs, the UK’s first female commercial programmer.

From new medicines to climate prediction, it will help UK businesses analyse vast datasets more quickly and turn cutting-edge research into real-world solutions faster, more efficiently and at greater scale, boosting productivity and growth across the UK economy.

The AWS outage should make you rethink your cloud strategy

Published: October 20, 2025 at 1:40 pm

Author: Jamil Ahmed, distinguished engineer, Solace

Even as cloud technology evolves, failures within the system will inevitably happen. ‘One-of-a-kind’ extremely rare outages or issues continue to plague every service provider from time to time, which is why the need to store valuable information on multiple provider services, known as an event mesh, have arisen.

From a business perspective, there are no excuses to having a single cloud provider. It’s multi-cloud all the way, treating cloud as commoditised compute, not building apps and services that are tied to knowing what cloud they’re in.

Unfortunately, when businesses first introduced the cloud into their strategy, about 10 years ago, they made multi-provider usage a problem to solve later on. It is now ‘later on,’ and the strategy of using one cloud service is demonstrably dangerous and negligent.

Anyone adopting cloud without thought for multi-cloud on day 1, should opt into an event mesh system or be fearful for that next ‘extremely rare’ event.

No longer a question of if, but when

Published: October 20, 2025 at 1:11 pm

Author: Dai Vaughan, CTO, Public Digital

Disruption from large-scale digital outages is no longer a question of if, but when.

Accidental technology failure can pose as big a risk as a cyber-attack. Organisations need to move beyond a defensive mindset focused on prevention, towards an approach that embraces preparedness and resilience as an ongoing commitment.

Having well-rehearsed response plans that align leadership, IT, and operations is key to minimising damage and restoring services swiftly.

Crucially, resilience must be treated as a whole-organisation challenge, not just an IT problem… ultimately, it isn’t about eliminating risk entirely, but about understanding it, planning for it, and cultivating a culture that can absorb shocks and recover quickly.

 

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