Mounting Cyber-Threats Prompt Calls For Economic Security Bill

The House of Commons Business and Trade Committee report argues the UK faces growing economic-security risks from cyber and other threats and calls for new legislation and policy measures. It recommends mandating elements of the Software Security Code of Practice, enabling enforcement and compliance monitoring, offering tax relief for investments that enhance operational resilience, and consulting on mandatory cyber-incident reporting, while urging a coordinated public–private approach to strengthen national cyber and economic resilience.