IT Brief UK - Technology news for CIOs & IT decision-makers

Budgeting stories

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Two thirds of UK adults worry about finances ahead

3 days ago
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UK households under strain as survey finds finances worsening, bill payments missed and £23 billion in support still unclaimed.
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Payhawk flags AI governance gap in finance leaders

3 days ago
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Payhawk survey finds 45% of self-described AI leaders in finance lack minimum use rules, exposing a wider gap between ambition and control.
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Dig appoints Ideal World Co-founder Paul Wright to board

Last week
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Dig adds Ideal World Co-founder Paul Wright to its board as the savings platform pushes into consumer tech and digital shopping.
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Majority of workers using AI at work, survey finds

This month
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European workers embrace AI on the job, but most fear personal data is being used to train tools and many have already seen errors.
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UK households face GBP £6.85 billion bill rise in April

Last month
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UK households face GBP £6.85 billion in higher essential bills from April as council tax, water and telecoms costs climb, Uswitch warns.
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Spendesk names new chiefs as it posts first profit

Last month
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Spendesk appoints Quentin Vigneau as Chief Product Officer and Alan Wright as Chief Technical Officer as it expands AI plans after first full year of profit.
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Kong hires Bruce Felt as Finance Chief for growth push

Last month
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Kong hires veteran finance chief Bruce Felt, whose record of steering three software groups to IPOs bolsters its expansion in API and AI tools.
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Starling launches UK-first AI assistant for banking

Last month
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Starling launches an in-app agentic AI assistant for personal accounts, claiming a UK first in conversational money management tools.
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UK card spending falls as missed payments stay high

Last month
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UK credit card spending drops in January while missed and repeat payments rise, signalling persistent strain on household finances.
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Multiverse launches CompactifAI portal for LLM ops

Last month
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Multiverse launches CompactifAI API portal, giving dev and ops teams self-serve access to compressed LLMs with tighter control and insight.
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AI-ready finance teams still lack rules & data base

Last month
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Many 'AI-ready' finance teams lack basic rules and trusted data, leaving advanced tools underused in core processes, research finds.
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AI leaders lack rules & data to scale finance tools

Last month
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AI 'leaders' in finance rush to pilots but lack rules, data and governance to scale tools into core, high‑accountability workflows.
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IMP Software launches MAT-first unified finance platform

Last month
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IMP Software has unveiled IMP Finance, a MAT-first unified platform aiming to streamline budgeting, purchasing, workforce planning and finance.
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LivTech strengthens leadership for senior care growth

Last month
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LivTech hires Ron Kozlin as CFO and Andrew Goode as VP of Development to steer its fast-growing senior care software business.
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Financial justice starts with knowledge: Why women's financial wellbeing must be our priority

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On International Women's Day 2026, Give to Gain calls for women's financial knowledge and autonomy to be treated as a fundamental right.
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Manchester firms delay growth plans amid volatility

Fri, 13th Feb 2026
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Manchester's mid-sized firms are stalling investment and expansion, citing volatile costs, policy shifts and tougher access to finance.
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UK firms boost travel & AI spend as ad budgets fall

Wed, 11th Feb 2026
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UK firms ramp up travel and AI investment in 2025, even as advertising spend plunges 28%, signalling a sharper focus on productivity.
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CFOs boost tech & AI budgets as hiring growth stalls

Wed, 11th Feb 2026
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CFOs shift from hiring to hardware, funnelling bigger budgets into tech, AI and sales while HR, headcount and pay growth lose momentum.
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CFOs boost tech, sales & AI as headcount growth slows

Wed, 11th Feb 2026
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CFOs are funnelling 2026 budgets into tech, AI and sales, while easing back on hiring, HR spending and rapid pay growth.
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Cleo relaunches UK AI money app to ease cash anxiety

Fri, 6th Feb 2026
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AI fintech Cleo stages UK comeback with a waitlisted app, betting its chatty budgeting assistant can ease mounting money anxiety.