BOE's Breeden Believes UK Labor Market Loosening: Sunday Times
Bank of England's Sarah Breeden believes the UK labor market is loosening, while she sees 'waves of disinflation' continuing, according to an interview the central bank deputy governor for financial stability gave to Sunday Times.
Breeden said workers' ability to ask for higher wages and companies' capacity to pay more by increasing prices are both decreasing, the newspaper reported.
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Yahoo
24 minutes ago
- Yahoo
FifthWall Solutions Rebrands as UKON
DENVER, CO - June 2, 2025 (NEWMEDIAWIRE) - FifthWall Solutions today unveiled its new corporate identity: UKON. The move marks a strategic evolution from wholesale broker to cyber insurance marketplace. Our mission is simple: every business has the right to survive a cyber attack. "UKON is more than a name. It is a signal," said Cole Knuth, Chief Executive Officer. "We're charting a new path in cyber protection, one that simplifies insurance, quantifies risk, and restores confidence." Originally founded in 2015 by Doug Wright following a severe cyber breach, FifthWall grew into the first dedicated cyber-only wholesaler in the United States. Its purpose was clear: help brokers and partners secure better coverage through streamlined access to more than 50 top carriers. Built on trust, speed, and strategic depth, that foundation still fuels the company today. UKON is the next chapter. "This isn't a departure - it's an evolution," said Gene Stevens, Chief Technology Officer of UKON. "FifthWall pioneered wholesale cyber insurance, establishing unmatched discipline, speed, and depth of relationships across the carrier ecosystem. UKON carries this DNA forward, strategically bridging cyber risk expertise from the technology and insurance industries into one unified platform that reimagines how risk is communicated, valued, and reduced." This rebrand introduces more than a name. It introduces an identity aligned to a larger strategy. The new logo features a magnetized needle, a direct reference to the compass instruments used to navigate the unchartered wilderness of the Yukon Territory. Like the Yukon River, one of the most powerful and previously uncharted rivers in the world, cyber insurance has long been difficult to map and move through. UKON sets out to change that. Chief Marketing Officer Matt Hightower led the creative and brand development alongside UK-based creative agency Vida Creative, beginning in November 2024 with an in-person branding workshop. "Vida helped us reconnect to our why' and gave us the strategy and language to bring our brand vision to life," said Hightower. "They understood the parallels between the Yukon Territory and the unchartered world of cyber risk. What they delivered was more than branding material or strategy. It was clarity." "We're thrilled to have partnered with the FifthWall team to shape and launch UKON's new brand and website," said Ellen Hedley, Director of Vida Creative. "As a breakthrough platform in the cyber insurance space, UKON represents a bold step forward and we're proud to have played a role in helping the team define their positioning and share it with the world." Hedley and Vida Creative led the complete rebrand initiative including the website redesign, brand positioning, and visual language. Vida's Design Director, Chris Stephenson, crafted UKON's new brand elements, drawing from raw geography and navigational iconography to produce a visual identity rooted in precision and strength. The result is now live: a new name, a new logo, a new mission, a new purpose. UKON, as a platform, was first introduced to the MSP community at XChange in March of this year. It will formally launch at Pax8 Beyond on June 8, where UKON is a Platinum Sponsor. Attendees can experience live demonstrations at Booth 314 and hear directly from the team during a main stage presentation on June 10. The UKON Founders Club, a limited early-access program for MSPs aiming to drive revenue as Cyber Risk Advisors, remains available by invitation. About UKON is a cyber insurance marketplace that helps businesses assess risk, access coverage, and build resilience through embedded distribution and real-time underwriting. Designed for MSPs, agencies, and enterprise partners, UKON simplifies the insurance process with automated quoting, financial-grade risk intelligence, and direct access to top carriers. Vendor-agnostic and execution-focused, UKON is redefining how cyber insurance is delivered in today's digital economy. Social Links X | Instagram | Facebook | YouTube | LinkedIn Media ContactFull Name: Jon GomezTitle: Director of Communications StrategyCompany Name: UKONPhone Number: 310-508-2880Website:
Bloomberg
27 minutes ago
- Bloomberg
Chinese Firms Warn EU Procurement Curb Could Hurt Trade Ties
A Chinese business lobby group warned that EU actions to curb access of the country's medical device makers to government contracts in the bloc will hurt trade ties. The China Chamber of Commerce to the EU expressed 'profound disappointment' over the EU's use of a trade tool to limit Chinese companies' participation in public procurements, according to a Monday statement from the Chinese group.
The Verge
an hour ago
- The Verge
Which fashion brand hasn't been hacked recently?
Which fashion brand hasn't been hacked recently? Now, Bleeping Computer has two more to add to the list, reporting that Cartier has sent emails to customers informing them that info like name, email address, and country of residence was stolen, and that The North Face has apparently suffered its fourth reported credential stuffing incident since 2020.
