Business & Finance
Transport for the North Annual Conference announced
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- It will take place on 6 March in Newcastle
- Northern leaders will meet to discuss how to Transform the North
Transport for the North (TfN) has today officially announced its fourth Annual Conference will take place on Monday 6th March in Newcastle. Norther leaders will gather under a theme how we can best ‘Transform the North’ to deliver transformational change in the public transport system and leave a legacy for future generations.
The conference comes at a crucial time when devolution is high on the political agenda and will be a timely opportunity to discuss how investment in transport infrastructure underpins efforts to ‘transform’ and unlock the potential of the North of England.
It will also see TfN reveal the initial findings of the Northern Powerhouse Independent Economic Review (NPIER) and our refreshed Strategic Transport Plan (STP). The conference will also see discussions on Transport for the North’s work in EV charging, Freight and Logistics, Active Travel, and Rural Mobility.
Transport is about long-term benefits, connecting people to facilitate growth and greater productivity. One of the biggest issues facing the North of England remains the need to address the decades of underinvestment in our transport system: poor and unreliable connectivity is holding our people and businesses back, constraining growth, and hampering accessibility and social mobility.
North of Tyne Mayor Jamie Driscoll said:
“I’m alarmed at how bad our transport system has got. Kids can’t get to school. I’ve heard of businesses not opening because staff can’t get to work. The North deserves better.
“Until we get a public transport system that’s as fast as a car, that’s affordable, reliable and where everyone feels safe travelling day or night, we’ll never get the economic lift off we need or tackle the climate emergency.
“Join me at the TfN’s annual conference with other leaders, industry professionals and most importantly community voices – tickets are free. With the newly agreed devolved powers on transport, we have a once in a generation opportunity to fix this.”
Mayor of Greater Manchester Andy Burnham said:
“In the North we’re being let down by failing train services, which are so poor they are dragging down our economies and impacting people’s day-to-day lives. We can’t allow this to continue.
“In the past few months, we’ve seen increasing focus on the needs of the North. The TfN Annual Conference will once again demonstrate how we, as Northern leaders and Northern people, are speaking together with one voice to ensure we get what we need to meet our ambitious plans for the future.”
Mayor of West Yorkshire Tracy Brabin said:
“We’re stronger together and I’m thrilled to stand alongside fellow Northern leaders making the case for a better-connected North. Right now, we have dozens – sometimes hundreds – of rail journey cancellations each week, now is the time for the North to map its own destiny and say ‘enough is enough’ to failing operators.
“People need to travel for work, college and to see loved ones and public transport is what brings us together and connects communities. Therefore it is vital we find ways to ensure future generations can make best use of it.”
Tees Valley Mayor Ben Houchen said:
“I’m looking forward to speaking at Transport for the North’s annual conference. By working together we can collectively find ways to continue the progress we’re making in places like Teesside.
“Events like this allows us to speak with one voice about what we need from our transport infrastructure to ensure the path we tread in our region is the right one.”
Martin Tugwell, Chief Executive at Transport for the North, said:
“We’re delighted to be holding Transport for the North’s fourth annual conference, setting out our ambitious vision to transform the North. At such a crucial moment, it is important that the North comes together as one to make the case for truly transformational change through investment in the North’s transport system and the need for pace, if we are to deliver economic growth that is sustainable and inclusive for the longer term.
“Our conference offers a unique moment when political and business leaders will gather in one place to meet and discuss the major issues impacting the North. And it will be an opportunity for us to discuss the refreshed NPIER and STP, which underpins the economic agenda in the North this decade.”
ENDS
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Media Relations
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Notes to editors
You can view the agenda and confirmed speakers here. The conference agenda is evolving week by week, keep checking back to see who we have lined-up to speak.
For more information, or for image and interview requests, please email [email protected] or call 0161 244 1450.
Please note: Images must not be redistributed or reproduced without consent in content or articles not directly associated with Transport for the North.
All images must be credited to “Transport for the North” unless specified otherwise within the download link.
About Transport for the North
Transport for the North became England’s first Sub-national Transport Body in April 2018. We bring the North’s Local Transport Authorities and business leaders together, enabling our region to speak with one voice on the transport infrastructure investment needed to drive transformational growth and rebalance the UK economy.
Our vision is of a thriving North of England, where world class transport supports sustainable economic growth, excellent quality of life and improved opportunities for all.
We work with Network Rail, National Highways, and HS2 Ltd, and as a statutory partner to the Department for Transport, our recommendations are formally considered by Government when important transport decisions about the North are being taken.
In February 2019, we published our Strategic Transport Plan, a blueprint for how strategic investment in transport could support up to £100bn growth in GVA and create 850,000 jobs by 2050.
Find out more at: transportforthenorth.com and read our 2022/23 Business Plan.
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Business & Finance
FBI Identifies North Korea as Culprit in $6.3 Billion Binance Crypto Hack
FBI attributes $6.3B Binance crypto hack to North Korea, raising security concerns. Binance covers 90% of losses.
In a striking attribution of cyber malfeasance, the Federal Bureau of Investigation has named North Korea as the perpetrator behind a colossal $6.3 billion hack on Binance, one of the world’s largest cryptocurrency exchanges. This revelation underscores persistent cybersecurity vulnerabilities and intensifies geopolitical tensions already fraught with complexity [The Guardian, November 2026].
The breach, now recognized as the largest of its kind, has sent shockwaves through the digital asset community, raising urgent questions about the robustness of current security protocols within the crypto industry [Al Jazeera, November 2026]. Despite the significant financial blow, Binance has demonstrated resilience by covering a substantial 90% of the losses, reflecting its commitment to maintaining user trust and stability [The Guardian, November 2026].
Binance’s response to the hack has been proactive, involving collaboration with international law enforcement agencies to pursue recovery of the stolen assets. A spokesperson from the exchange affirmed, “We are working closely with law enforcement to recover the funds,” indicating a strategic approach to mitigate the consequences of this unprecedented breach [The Guardian, November 2026].
The scale of the hack, valued at $6.3 billion, places it squarely in the spotlight of global financial and security discussions. It serves as a stark reminder of the vulnerabilities inherent in digital finance systems, particularly as they become more entwined with global economic infrastructures [Al Jazeera, November 2026].
North Korea’s involvement in such a high-profile cybercrime reflects broader geopolitical dynamics, where state-sponsored hacking has become a tool for economic gain and political leverage. This attribution by the FBI further complicates diplomatic relations and underscores the need for coordinated international responses to cyber threats [The Guardian, November 2026].
The incident has not only affected Binance but has also sent ripples across the broader cryptocurrency market, prompting investors and exchanges to reassess their security measures. The hack’s magnitude highlights the urgent need for enhanced protective measures and industry-wide collaboration to fortify digital asset exchanges against future threats [Al Jazeera, November 2026].
In the wake of this cyber assault, Binance’s robust response and coverage of losses may set a precedent for how exchanges handle such adversities in the future. It also emphasizes the critical role of transparency and accountability in maintaining user confidence and market integrity [The Guardian, November 2026].
As the situation unfolds, the interplay between cybersecurity and international politics will likely intensify, with potential repercussions for regulatory frameworks governing digital assets. The hacking incident serves as a catalyst for ongoing debates about the balance between innovation and security in the realm of cryptocurrency [Al Jazeera, November 2026].
Looking forward, the focus will remain on how Binance and other cryptocurrency platforms adapt to these evolving threats. Their ability to enhance security protocols and foster international cooperation will be crucial in defining the future landscape of digital finance. The world will closely monitor these developments, particularly as they relate to North Korea’s cyber capabilities and intentions [The Guardian, November 2026].
Business & Finance
Naboo Expands with Acquisition of UK Events Platform Pro-ven
Naboo has acquired UK M&E spend specialist pro-ven, which becomes Naboo UK, keeping all 20 staff and its founder.
Naboo, the Paris-based meetings and events (M&E) spend management platform, announced on 27 October 2026 that it has acquired pro-ven, a UK specialist in venue sourcing and event procurement, for an undisclosed sum. The companies say the combination creates the world’s largest pure-play provider of M&E spend management and venue sourcing.
Founded in 2005, pro-ven helps corporate and association clients manage meetings and events spending through venue and supplier sourcing, contract negotiation, approval workflows, invoicing and payment management. It generates around €30 million in annual transaction value and brings enterprise clients including Unilever, Virgin Media and Sony. Following the deal, Naboo says the combined business will manage around $300 million (€268 million) of meetings and events spend.
Under the terms of the deal, pro-ven’s Hertfordshire office becomes Naboo’s UK headquarters and the business will operate as Naboo UK. All 20 pro-ven employees are being retained, and founder and managing director Julian Laxon will stay on to help grow Naboo’s UK presence. Existing pro-ven clients keep the same account teams and commercial arrangements, while gaining access to Naboo’s AI-driven technology platform and international network.
Naboo says the acquisition was financed equally through equity and borrowing. It follows the company’s $70 million (€58.7 million) Series B round in February 2026, led by Lightspeed Venture Partners with participation from existing investors Notion Capital, ISAI and Ternel.
The UK is not a new market for Naboo, which has operated there since 2024. CEO and co-founder Maxime Eduardo said the deal is primarily about accelerating growth in what he called a huge market for the company and adding enterprise customers. “Together with pro-ven, that is the leader we are building,” he said.
The acquisition caps a busy period for Naboo, which recently unveiled a new brand identity and opened its first Asia-Pacific office in Singapore, following its expansion into North America with offices in Montreal and New York.
Sources: Business Travel News; EU-Startups; CIT World; The Business Travel Magazine.
Business & Finance
How AI is Transforming Small Businesses: Success Stories
This article explores the transformative impact of AI on small enterprises, highlighting specific case studies of businesses that have successfully integrated AI technologies to enhance efficiency and competitiveness.
In September 2026, the Financial Times reported a significant surge in the adoption of AI technologies by small enterprises, driven by the promise of enhanced efficiency and reduced operational costs. Among the many businesses venturing into this digital frontier, a few stand out as exemplary cases, demonstrating the transformative power of AI when strategically implemented.
Take, for instance, GreenLeaf Grocers, a small organic food retailer based in Brighton. Faced with the challenges of scaling operations and managing inventory efficiently, GreenLeaf turned to AI-driven inventory management systems. By analyzing customer purchasing patterns and forecasting demand, the system enabled the grocer to optimize stock levels, reducing waste by 30% within the first year. The owner, Sarah Jenkins, noted, “AI has not only streamlined our operations but has also allowed us to focus more on customer service and community engagement.” This case underscores the potential of AI to reshape retail operations, offering insights into customer behavior that were previously inaccessible.
Another compelling story is that of TechFixers, a family-run electronics repair shop in Manchester. Confronted with increasing competition and the need to differentiate their services, the owners implemented an AI-powered diagnostic tool. This technology rapidly identifies device issues, providing technicians with precise solutions. As a result, TechFixers reduced average repair times by 40%, significantly boosting customer satisfaction and expanding their clientele. The owner, Mark Thompson, attributes their competitive edge to AI, stating, “Integrating AI into our diagnostic process has been a game-changer, allowing us to offer quicker, more reliable repairs.”
In the realm of financial services, FinServe, a small accounting firm in London, illustrates the impact of AI on service delivery. By employing AI-based analytics tools, FinServe offers clients real-time financial insights and predictive forecasting. This capability has attracted a new segment of tech-savvy clients seeking proactive financial management. The firm’s director, Lucy Patel, emphasized the strategic advantage gained, “AI has empowered us to provide a level of service that was previously the domain of larger firms. We’re now able to deliver insights and strategic advice that truly add value for our clients.”
These cases highlight not only the successful application of AI in various industries but also the diverse ways in which small enterprises can leverage technology to overcome specific challenges. While the potential benefits of AI are substantial, the journey is not without its hurdles. Businesses must navigate the complexities of data integration, system compatibility, and the initial investment costs. However, for those willing to embrace the change, the rewards can be substantial.
As AI technology continues to evolve, its role in small business operations is likely to expand, offering new opportunities for innovation and growth. The experiences of GreenLeaf Grocers, TechFixers, and FinServe serve as a testament to the transformative power of AI, providing a roadmap for other small enterprises eager to harness this technology.
Looking ahead, the integration of AI into small business operations is set to become even more pervasive. As technology advances and becomes more accessible, businesses of all sizes will find new ways to leverage AI for competitive advantage, creating a dynamic and constantly evolving landscape.
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