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NS&I's Tech Overhaul Faces Major Budget and Schedule Issues

First seen 30 Jan 2026, 14:18 UTC • •

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ThreatCluster •March 12, 2026 at 13:27 UTC

The National Savings & Investments (NS&I) is experiencing significant challenges with its technology transformation project, which is £1.4 billion over budget and four years behind schedule. Chief executive Dax Harkins informed MPs that the project is outside HM Treasury's spending limits and may require further contract extensions with the current supplier, Atos, whose contract is set to end in 2028.

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