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Hubtel & Konsileo launch cyber insurance package

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Hubtel IT and Konsileo Commercial Insurance have launched a joint cybersecurity and cyber insurance package for UK businesses, aimed at firms preparing for the Cyber Security & Resilience Act.

Branded CyberHub, the package combines technical security services with insurance cover in a single offer. It is intended for businesses across all sectors and is designed around the compliance requirements expected under the legislation.

The launch comes as organisations assess the impact of the Government’s planned overhaul of cyber regulation. The measure will widen the existing regime beyond the 2018 Network and Information Systems Regulations and bring more entities within scope, including managed service providers, data centres and operators of critical infrastructure.

Under the new framework, organisations classed as critical infrastructure will need to notify authorities within 24 hours of a reportable cyber incident. Regulators will also gain stronger enforcement powers, including the ability to fine non-compliant entities.

That shift is likely to increase demand for services that combine preventive controls, incident response and financial protection. Businesses have also faced uncertainty over what insurers will cover after cyberattacks, particularly when attacks disrupt operations for long periods or require costly recovery work.

What is included

CyberHub includes a set of controls mapped to the standards in the new law and to Cyber Essentials Plus, the higher level of certification within the Cyber Essentials scheme. It also includes automated breach detection and regulatory notification tools intended to help organisations meet reporting deadlines.

The product also offers disaster recovery as a service, vulnerability management, email phishing simulations, annual compliance audits and board-level reporting dashboards. Its insurance element is intended to respond when an incident occurs, with support for business interruption, containment, recovery and liaison with regulators.

The companies highlighted the risk of penalties for failing to meet reporting requirements, saying the package is designed to help firms avoid fines of up to £100,000 a day by identifying incidents quickly and managing notifications within the required timeframes.

Neil Bayliss, chief executive of Hubtel IT, described the product as a response to the new rules and the broader cyber risk environment.

He said: “We’ve worked together with Konsileo on a suite of measures tailored to protect organisations in all sectors over and above the standards set out in the proposed Bill. As well as alignment with the new Cyber Security & Resilience Bill, soon to become an Act when it becomes law, our CyberHub package gives firms peace of mind that they are compliant, continuously protected, mitigating the risk from attacks and resilient should cyber criminals breach their defences.”

The package reflects a wider trend in the cyber market, where security providers and brokers are trying to align technical controls more closely with underwriting. Insurers have become more selective in recent years as ransomware and other attacks have pushed up claims costs, while buyers have sought more clarity on policy terms and incident support.

Konsileo said the combined model is intended to address both prevention and recovery. Chris Cotterill pointed to the financial impact of attacks and the need for organisations to consider operational and insurance risk together.

He said: “Recent high-profile cyber-attacks highlight the real financial impact of cybercrime. Working with Hubtel IT, Konsileo helps organisations build resilience through underwritten policies that support disaster recovery when incidents occur. With every industry introducing some form of AI, having a joined-up approach to risk mitigation and risk transfer is crucial.”

Political backing

The launch was welcomed by Rachel Taylor, Member of Parliament for North Warwickshire and Bedworth, whose constituency includes Hubtel IT. She linked the product to the Government’s wider effort to strengthen the country’s cyber defences against criminal and state-backed threats.

She said: “The Cyber Security & Resilience Bill is vital for ensuring our country is better prepared for the cybersecurity threats we face from organised fraudsters and hostile states. It’s great to see businesses like Hubtel IT, based in North Warwickshire, helping businesses comply with the new requirements so they can boost their defences against cyberattacks. This is a great example of the strides we can make when government policy and business work in tandem to support businesses and grow the economy.”

For smaller and mid-sized businesses, the appeal of a bundled offer may lie in narrowing the gap between security compliance work and insurance buying. Many firms still handle those functions separately, even as regulators and insurers both ask for more detailed evidence on controls, governance and response planning.

The package is available to businesses in all sectors and includes annual audits and board reporting intended to demonstrate governance compliance ahead of regulatory inspections.



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Rosa’s Thai is giving away 4000 free Pad Thais to students

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Celebrating both GCSE and A-Level Results Days, the chain will offer the popular dish to students who buy one of its bubble teas.

The free offer is available at all 42 Rosa’s Thai restaurants across England and Wales.

To avail of the free noodles, students need to register on Rosa’s Thai website for a unique code, which they should present at the restaurant together with a copy of their results.

Rosa’s Thai has a new range of bubble tea flavours, including Ube-Taro, Matcha-Coconut, Mango Sticky Rice, and Milo Chocolate Milk, as well as favourites like Home-brewed Thai Tea with Tapioca, and Lychee Mango with mango boba.

Students can sign up for their free Pad Thai at rosasthai.com/result-day-free-pad-thai and find their nearest restaurant at rosasthai.com/locations.





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Historic coin company enters administration after 20 years

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The London Mint Office, which distributes commemorative coins and medals, appointed administrators on July 31 after 20 years in business.

The company’s website now displays a message confirming the appointment of Michael Magnay and Jonny Marston of Alvarez & Marsal Europe LLP as joint administrators.

A spokesman for Alvarez and Marsal said: “On July 31 2026, Michael Magnay and Jonny Marston of Alvarez & Marsal Europe LLP were appointed as Joint Administrators of The London Mint Office Limited in administration (the “Company”).

“Regrettably, the Company’s liquidity challenges have led to a number of immediate redundancies. We are supporting the affected employees through the redundancy process.


What Happens When a Company Goes Into Administration?


“The affairs, business and property of the Company are being managed by the Joint Administrators who act as agents of the Company and without personal liability.”

The announcement confirms that it is no longer possible to purchase coins or medals through the company’s website.

The London Mint Office operates a distribution centre in Tonypandy, Rhondda Cynon Taf, where it employs a significant number of people.

Administration is a formal insolvency process triggered when a business cannot meet its financial obligations.

An insolvency practitioner is appointed to manage the company’s affairs and may attempt to restructure the business or sell off assets to repay creditors.


What happens when a company goes into Liquidation?


Founded in 2006, The London Mint Office describes itself as “one of the UK’s most trusted suppliers of historic, commemorative, and collector coins.”

It is part of Samlerhuset AS, a Norwegian company based near Oslo and one of Europe’s largest distributors of commemorative coins and medals.

Samlerhuset’s website states that it offers “provide a wide range of coins from ancient to modern, originating from virtually every country in the world.”

The London Mint Office has advised anyone with an interest in the company’s assets to contact the administrators at INS_THLMOL@alvarezandmarsal.com.





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Warning of new rules for Aldi and Lidl after watchdog review

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The Competition and Markets Authority (CMA) has provisionally decided that both discounters should be added to the Groceries Market Investigation (Controlled Land) Order 2010, which currently applies to Asda, Co-op, Marks and Spencer, Morrisons, Sainsbury’s, Tesco, and Waitrose.

This order is designed to prevent large grocery retailers from using land agreements to block competitors from opening nearby stores, often through restrictive covenants or exclusivity terms.

Juliette Enser, executive director of competition enforcement and markets at the CMA, said: “We want everyone to have the best choice of supermarket and range of prices when buying their groceries.

“To ensure this happens, we put rules in place to prevent big supermarket chains blocking rival stores from opening nearby – and now we propose applying those rules to Aldi and Lidl too.

“This is about allowing shoppers to choose where they spend their money and levelling the playing field for all major supermarkets.

“Today’s proposals are provisional and we welcome views before deciding the best way forward.”

The CMA’s review found that Aldi, Lidl GB, and Lidl NI now meet the criteria of ‘Large Grocery Retailers’ (LGRs) due to their store footprint, nationwide presence, procurement model, and the breadth of their grocery range.

Aldi and Lidl were originally excluded from the 2010 order as ‘limited assortment discounters’, offering a smaller selection of products compared to traditional supermarkets.

However, the CMA’s provisional findings indicate that this is no longer the case.

All three now operate large grocery stores, each with more than 1,000 square metres of shop floor space, and offer a full range of products, though with less category choice than some competitors.

They also purchase goods directly from suppliers through integrated wholesaling.

With the UK grocery market estimated to be worth £215 billion, Aldi and Lidl are now ranked among the top five retailers by market share.

The CMA is seeking feedback from stakeholders before reaching a final decision.

Aldi and Lidl could join the other supermarket chains later this year.

The CMA is inviting views until 5pm on Monday, September 7, 2026, and will issue its final decision in the autumn after reviewing responses.

If the discounters are included under the order, they will be prevented from using land agreements to limit competition from other supermarket chains.

The CMA aims to ensure competition across the grocery sector to give shoppers more choice and competitive pricing by removing obstacles to new store openings.





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