Posts from July 24, 2024

New regulations require banks to ensure access to cash from September onwards

The Financial Conduct Authority (FCA) has announced new rules to ensure continued access to cash for consumers and businesses. The decision comes as a report reveals that despite a decline in[…]

Moody’s downgrades Thames Water debt to junk, raising possibility of nationalisation

Thames Water, the UK’s largest water provider, is facing increased financial difficulties as Moody’s, a leading credit ratings agency, has downgraded its debt to “junk” status. The downgrade comes as Thames[…]

“Global IT Outage: CrowdStrike Provides Latest Information on Root Cause”

CrowdStrike, the cybersecurity firm responsible for last week’s widespread IT outage, has identified a flaw in its quality control process as the cause of the disruption. In an update on their[…]

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