The Bank of England has been handed new regulatory powers to oversee critical tech firms including Amazon and Google, marking a significant shift in how the UK safeguards its financial backbone against cyber threats.

The move puts direct oversight of so-called 'critical third parties'—major tech companies like Oracle and Microsoft that underpin essential services—squarely in the Bank's hands. The goal is straightforward: ensure these digital powerhouses maintain resilient cyber-defences and help protect the UK economy from disruption. It's a smart recognition that in our interconnected world, a single point of failure at a tech giant could ripple across the entire financial system. Read the full story →

Today's takeaway: Proactive regulation of tech infrastructure isn't about stifling innovation—it's about building trust and stability in an economy increasingly dependent on digital services.