
Bank of England warns Iran war could trigger financial crisis risks
The Bank of England warns the Iran war could trigger a financial crisis, with rising mortgage costs, inflation and market volatility hitting UK households.

The Bank of England warns the Iran war could trigger a financial crisis, with rising mortgage costs, inflation and market volatility hitting UK households.

Rachel Reeves is reviewing the impact of abolishing non-dom tax status, with HMRC analysing 2025–26 tax returns amid concerns over capital flight and missed revenue targets.

The Trump administration has announced that all 55 million current US visa holders will be subject to continuous vetting for potential violations, with visas revoked and…
![ThreatSpike Raises $14M To Unify and Simplify Cybersecurity The funding, from Expedition Growth Capital, will expedite ThreatSpike’s continued global expansion as it brings enterprise-grade cybersecurity to mid-sized enterprises with its fixed price, all-in-one platform. Alongside Expedition’s investment, Darktrace co-founder Emily Orton is also joining the company’s Board of Directors, bringing a wealth of experience in growth and cybersecurity. LONDON, UK, [3] June, 2025 – ThreatSpike, an end-to-end cybersecurity provider, has raised $14 million in Series A funding to help organizations move beyond the complexity and cost of fragmented traditional security tools with a unified platform. The funding is led by Expedition Growth Capital and in conjunction with the investment, Will Sheldon, Partner at Expedition, and Emily Orton, co-founder at Darktrace, have joined ThreatSpike’s Board of Directors. “We founded ThreatSpike having witnessed first hand that achieving high quality cybersecurity protection is far too complex and costly,” said Adam Blake, CEO and Founder at ThreatSpike. “In a market full of three-letter acronym products and aggressive upselling, we take a different approach which puts customer security at the core. We are proud to combine world-class technology and expert support into one transparent, flexible solution that delivers true protection without the complexity or hidden costs. With this investment from Expedition, we have gained an aligned partner with deep expertise and resources to support our continued growth journey.” ThreatSpike was founded by computer scientists Adam and Kate Blake in 2011, following their experience building software and cybersecurity programmes in some of the world’s most sophisticated financial institutions. The company has been bootstrapped with no institutional capital to date, growing rapidly through customer-driven demand. Today, ThreatSpike serves over 200 customers with deployments across 90 countries, including industry leaders in hospitality, industrials, investment management, professional services and other sectors. “ThreatSpike has the highest level of customer referral-driven growth and satisfaction that we have seen across the cybersecurity industry,” said Will Sheldon, Partner at Expedition Growth Capital. “The company has been growing rapidly and profitably without investment and we are proud to partner with Adam and Kate as they fuse software and services into a unique platform that delivers tangible cybersecurity outcomes for sophisticated customers globally.” “Adam and Kate are both impressive technology entrepreneurs,” said Emily Orton, Co-Founder of Darktrace. “I am excited to join them on ThreatSpike’s board and use my experience to help scale the business in this new phase of growth.” The funding will support ThreatSpike’s continued global expansion, including additional hires in engineering, security operations and go-to-market teams. The company will also accelerate its existing innovation roadmap across its platform offerings: ThreatSpike Blue (24/7 managed detection and response) and ThreatSpike Red (unlimited penetration testing). “Since our initial engagement with ThreatSpike in 2016, they have consistently demonstrated themselves to be not only highly competent but also deeply diligent partners in our cybersecurity efforts,” said Lee Scott, Head of Cyber Security at Inchcape Shipping Services. “From the very beginning, ThreatSpike has instilled a strong sense of trust and confidence within our team, enabling us to focus on our core business operations while knowing that our security posture is in expert hands. Over the course of our partnership, ThreatSpike has continually delivered on their promises, going above and beyond to provide innovative and reliable solutions tailored to our evolving needs.”](https://bmmagazine.co.uk/wp-content/smush-webp/2025/06/Labrys-768x432.jpg.webp)
A tech startup founded by two British military veterans has raised $20 million to expand its secure coordination and payments platform for defence, humanitarian and disaster…

Progressive jackpots have taken the online casino industry by storm, and they have rightly proven that they are here to stay.

The Bank of England is expected to hold interest rates at 4.5% amid inflation concerns, with analysts forecasting two further cuts later in 2025. Find out…

Millions of UK motorists could receive automatic compensation under the FCA’s proposed car finance mis-selling redress scheme, bypassing claims management firms.

Mulberry cuts 85 jobs after a 19% sales decline amid a global luxury spending downturn. CEO Andrea Baldo unveils restructuring plans to return the British brand…

Over 70 major UK retailers warn of inevitable job losses and store closures due to a £7bn cost increase from the Budget's National Insurance hike, minimum…

Celebrating the best in British business, the Lloyds British Business Excellence Awards last night honoured entrepreneur and style icon Trinny Woodall with its prestigious Inspiration Award.

In the modern digital space, responsive web design is a crucial determinant of success. It automatically readjusts the web layout to different screen sizes and devices…

Are you a small business owner wondering if cloud storage is right for you?

Steven Gillhouse is an active participant in various community initiatives, experiences that have enhanced his leadership style and business approach.