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Apple, Amazon, Google. Say these names anywhere, and they will be recognised instantly. These tech giants are household names and demonstrate unrivalled market dominance. UK unicorns are small fry in comparison to US tech giants. The biggest listed UK tech company is Aveva which is listed at £7.9bn – about one per cent of Google’s worth. And when Apple hit £1.65 trillion in 2020, it became worth more than the entire FTSE 100. So how come there isn’t a UK-grown tech giant?
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There’s no doubt COVID-19 changed the digital landscape. Overnight businesses turned digital to survive. With many organisations forced into new ways of working in 2020, cybercriminals were able to take advantage of insecure networks much more frequently. In the first lockdown, the UK saw a 31 per cent increase in cyberattacks. A combination of human and bot attacks led to heightened attack rates, significant spikes in fraud attempts and greater volatility.
COVID-status certifications – more commonly referred to as vaccine passports – could offer us a chance of returning to our ‘normal’ lives much sooner than first anticipated, but the discussions surrounding potential certifications remain heated. Naturally, the prospect of being able to attend mass gatherings and travel freely is appealing to many, providing an added incentive to accept a COVID-19 vaccine, but for others that’s exactly where the problem lies – in the promise of ‘freedom’.
In just a few weeks’ time, the long-anticipated wait will be over, and the IR35 reforms will come into effect for the private sector. However, despite the 12-month delay due to COVID-19, countless businesses, employees and contractors are still feeling apprehensive about the newfound shift in responsibility.
CPS Group - Resource Solutions - Information Technology- News...
30 June 2014 by Amy Lewis
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