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data centres

  • Has YouGov been barraged by Farage?

    Politics

    Nigel Farage has never been shy in locking horns with big business. Just ask Dame Alison Rose, whose stint at Natwest came to a sharp halt after a row with Farage over a debanking. The British banker resigned after Natwest admitted to “serious failings” in closing the Reform UK leader’s account at its high-net-worth subsidiary [...]

    Breaking news concept with digital globe, headline graphics, and abstract technology elements on blue background
  • Diploma: Shares in FTSE 100 giant boom after profit upgrade

    Tech

    Shares in specialist tech supplier Diploma boomed on Wednesday morning after the group slapped a hefty upgrade on its financial targets for 2026. The firm’s stock was up as much as 15 per cent on open to 5,771.06p. It came as the FTSE 100 giant said it expects revenue growth to come in at nine [...]

    2024 was a transformational year for GlobalData.
  • ‘Ambition and delivery are not aligned’ – Starmer’s AI Action Plan, one year on

    Tech

    Exactly a year ago, Keir Starmer, with the help of Matt Clifford, promised to “mainline AI into the veins” of the UK’s economy. The so-called AI Opportunities Action Plan, a 50-point blueprint unveiled in January 2025, was meant to turn that rhetoric into results, placing the UK on equal footings with the likes of China [...]

    Keir Starmer promised to pump AI into the veins of the UK economy
  • Pinewood: James Bond studio given £1bn licence to build

    December 11, 2025

    Plans for a £1bn expansion of iconic film studio Pinewood which include a “state-of-the-art data centre” have been given the green light. Pinewood Studios submitted the proposals at the end of June to Buckinghamshire Council which were updated from the original scheme which was approved in 2023. Those plans featured 21 new stages at the [...]

  • Shoplifting ‘epidemic’ and AI data centre demand help Mitie revenue surge

    November 20, 2025

    Rising demand for shop security guards and AI data centres have helped drive a surge in sales for security and engineering services company Mitie. The FTSE 250 business, which has more than 80,000 staff, saw a 12 per cent rise in revenue from security services to £580m in the six months to end September, fueled [...]

  • ‘Staggering commitment’: Nvidia to invest up to $100bn in OpenAI

    September 22, 2025

    A massive expansion in OpenAI’s compute capacity will soon be underway after the firm secured a $100bn (£74bn) investment from the world’s best-known chipmaker, Nvidia. The commitment was made as part of a major strategic partnership between the two tech giants, which will see Nvivida deploy at least 10 gigawatts in data centre capacity for [...]

  • What the US tech investments tell us about the UK’s public markets

    September 18, 2025

    There was some debate in the City AM newsroom on Tuesday over which story should grace the front page yesterday. On the one hand, news of £30bn worth of tech investment offered the kind of optimism we’re always looking out for, but on the other hand news came that global fund managers were pulling out [...]

  • A plea from a data centre owner: Stop vilifying us!

    August 27, 2025

    Vast, humming fortresses of silicon and steel, data centres are the unsung titans, not villains, of our digital age, writes Huw Owen Data centres are under siege – not from cyberattacks, but from headline writers. “Thirsty data centres are sucking up Britain’s scarce water supplies,” cried one recent report; another elsewhere warned that the government’s [...]

  • Databricks rides AI boom to $100bn after new funding

    August 20, 2025

    Analytics platform Databricks has sealed a fresh funding round that is set to catapult its valuation over $100bn. The data and AI heavyweight has signed a term sheet for Series K Funding – a type of advanced, late-stage financing – which is expected to close shortly. Whilst details of the raise have not been disclosed [...]

  • Nvidia data centre opens in London Docklands as Starmer launches AI action plan

    January 14, 2025

    London Docklands and Crawley will host some of Europe’s largest Nvidia AI platforms in two newly operational data centres, after Britain launched its’ AI Opportunities Action Plan this week New York-based cloud provider CoreWeave announced the opening of these sites as Keir Starmer’s government looked to pour more money into data centre infrastructure. Its London [...]

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