Wake Up to Money Britain Gets ID'd?
Sep 26, 2025
Wayne Chapman, Managing Director and UK CEO of Stassi, talks about logistics and the impacts of cyber-security on supply chains. Linda Yu, an economist affiliated with Oxford University, provides insights on macroeconomic trends. They discuss the government's proposal for compulsory digital IDs, drawing parallels to Estonia's successful system. Moreover, Wayne highlights the challenges faced by Jaguar Land Rover due to cyber attacks, while the panel debates the implications of hiring, inflation, and the future of digital identification in the UK.
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Cyberattack Risks Ripple Through Supply Chains
- The Jaguar Land Rover cyberattack shows major firms' outages quickly cascade through supply chains, risking liquidity at smaller suppliers.
- Economists warn targeted, temporary financial support or loan guarantees may be needed to prevent viable firms collapsing from cash-flow shocks.
Make Cyber Resilience A Company-Wide Priority
- Invest proactively in cyber resilience, not just reactive fixes, and make security everyone's responsibility in the firm.
- Build redundancy and business continuity plans so operations and payment processes can continue during attacks.
Tariffs Create Global Uncertainty For Exporters
- US tariff announcements on pharmaceuticals and other sectors create immediate global uncertainty for exporters.
- UK pharma exporters face meaningful risk to revenues and may need to seek exemptions or reconfigure supply chains.