UK Cyber Challenges and Economic Shifts: Key Developments

The top stories in the Financial Times highlight the UK's growing cyber threat gap, Donald Trump's appointment of Warren Stephens as ambassador to the UK, job cuts at St James's Place, and Prime Minister Keir Starmer's focus on household disposable income as an economic measure.

The Financial Times has spotlighted several pressing issues facing the UK. A top cyber security agency warns about a 'widening gap' in the nation's ability to combat cyber threats, as AI advancements increase the complexity of attacks.

In political news, U.S. President-elect Donald Trump announced his choice of Arkansas banker Warren Stephens as the next ambassador to the UK, signaling potential shifts in diplomatic relations.

Meanwhile, the finance sector is seeing turbulence with British wealth manager St James's Place planning significant layoffs. Additionally, Prime Minister Keir Starmer is targeting household disposable income as a cornerstone for his economic strategy, despite competitive economic challenges framed by the context of the G7.

(With inputs from agencies.)