Oaknorth boss: Immigration barriers are threatening the UK’s fintech sector June 12, 2023 A lack of talent is threatening to choke off growth in UK fintech and ministers must do more to open up borders to workers, the boss of digital lender Oaknorth said today.
Rishi Sunak: ‘AI doesn’t respect national borders so Britain must lead on global safety’ June 12, 2023 Artificial intelligence (AI) “does not respect borders” and the UK must lead on drawing up global regulation for the technology, the Prime Minister, Rishi Sunak, said today. Speaking at London Tech Week this morning, Sunak warned that the adoption of AI would have an impact on employment akin to the “industrial revolution” and said its [...]
Andreessen Horowitz launches London crypto push with first international office June 12, 2023 Storied US venture capital firm Andreessen Horowitz has revealed plans for a major growth push in the UK today with a first international office in London and a crypto accelerator programme to take place next year.
HSBC launches ‘Innovation Banking’ division housing SVB’s former UK arm June 12, 2023 HSBC has revealed it will launch a new global “Innovation Banking” division today centred on the former UK arm of Silicon Valley Bank (SVB), which it rescued from collapse in March. SVB UK was snapped up for £1 in an eleventh hour deal by HSBC in March after being brought down by a run on [...]
The Notebook: Octavius Black on HR’s ‘Davos’, how to fix low productivity rates and wellbeing June 12, 2023 The Notebook is a column where interesting people say interesting things: today, it’s Octavius Black, CEO of learning platform MindGym, to discuss productivity, wellbeing and workplace culture’s Davos. Big hitters gather to look at HR’s biggest 2023 challenges The floorboards of the Royal Opera House have been trodden by many a global superstar over the [...]
Asian investors head to London as ministers look to lure in tech cash June 12, 2023 Asian investors are set to descend on London this week as the government tries to lure foreign cash to the UK in a post-Brexit investment offensive.
Silicon Valley Bank UK set for London Tech Week charm offensive June 11, 2023 Four months ago, the name Silicon Valley Bank may have brought to mind sleepless nights and frantic calls for much of the tech industry - but now the bank is set to headline London Tech Week.
Fintech firm CAB Payments plots London listing in boost to the City June 8, 2023 A fintech firm has revealed plans to float on the London Stock Exchange today and hailed the capital as a “home for innovative and growing global businesses”, in a boost for the Square Mile after a bruising few months. CAB Payments, a specialist cross-border payments and foreign exchange firm, announced plans to float on the [...]
London beats New York (and everywhere else) on decade of tech investment June 8, 2023 London has beaten its rivals to take the top spot for global tech investment over the past decade after raking in cash across more than 1,700 separate investment projects, according to new figures.
Sequoia Capital to carve off China and India units as it faces ‘increasingly complex’ pressures June 6, 2023 Venture capital behemoth Sequoia Capital has revealed plans to carve up its business into three distinct firms due to the “increasingly complex” pressures on its operations across the US, China and India.