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PRESS DIGEST-Financial Times - October 13

ReutersOct 13, 2025 12:35 AM

- The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.

Headlines

  • UK security services step up work with business to fight cyber threats

  • Reeves looks at bigger tax rises and spending cuts to build up UK fiscal buffer

  • Hackers targeted JLR months before cyber attack that halted production

Overview

  • British security services including MI5 are stepping up work with some of the nation's largest companies as fears rise that the economy could be damaged by more targeted cyber attacks.

  • British finance minister Rachel Reeves is ratcheting up her plans for tax rises and spending cuts in next month's Budgetin order to create billions of pounds of extra fiscal "headroom" for the Treasury against future economic shocks.

  • Jaguar Land Rover appears to have been targeted by hackers more than a year before the cyber attack in August that forced the carmaker to halt production.

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