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      Stamp out pension tax speculation or risk another cash grab, industry warns Healey

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sovereign ai

  • Trump to reject UK plea over Anthropic ban as AI ‘kill switch’ fears grow

    June 16, 2026

    The White House is poised to reject Keir Starmer’s attempt to restore British access to Anthropic’s most advanced AI models, in a move that has exposed how dependent the UK has become on a handful of American Big Techs. Downing Street has spent recent days lobbying Washington for an exemption after the Trump administration blocked [...]

  • Starmer: Britain must ‘not stick its head in the sand’ on AI

    June 8, 2026

    Sir Keir Starmer has said Britain must not “stick its head in the sand” on artificial intelligence, with the technology set to fundamentally reshape the UK economy. The Prime Minister used his speech at London Tech Week to unveil a major sovereign computing push, new AI skills programmes and a vision for keeping Britain’s fastest-growing [...]

  • Britain’s first sovereign AI model secures blue-chip backing as Starmer unveils £400m plan

    June 8, 2026

    Sir Keir Starmer’s push to build sovereign British AI capability has won backing from some of the country’s biggest companies, with BT, HSBC, Lloyds, Natwest and BAE Systems joining plans to develop Britain’s first sovereign frontier AI model. British AI startup Cosine unveiled a coalition of major banks, defence contractors and infrastructure firms who had [...]

  • Revolut, Wayve and Elevenlabs join European tech sovereignty push

    June 1, 2026

    The founders behind some of Europe’s biggest technology success stories, including Revolut, Wayve and ElevenLabs, have launched a new push for European tech sovereignty as the continent seeks to build homegrown rivals to Silicon Valley. More than 100 startup founders and chief executives have joined a new ‘built in Europe’ campaign spearheaded by venture capital [...]

  • Quantexa boss: ‘Britain can build global AI winners’

    May 19, 2026

    Vishal Marria is not short of reasons to be cheerful about Britain. At a time when the UK’s tech sector is once again debating listings, capital flight and whether founders inevitably end up scaling overseas, the Quantexa boss remains notably bullish about building and scaling in London. “Yes, we’re HQ’d in London, in the UK, [...]

  • UK cannot ‘outsource AI future’, says Netcompany boss

    April 29, 2026

    The boss of Danish tech firm Netcompany has warned that Europe must build its own AI platforms, or risk handing control of its data to the US or China. André Rogaczewski, chief executive of Netcompany, told City AM that AI sovereignty is now a strategic issue for businesses and governments. “Technology is a battlefield”, he [...]

  • UK is of ‘marginal relevance’ – Nick Clegg dismisses sovereign AI push as ‘dishonest’

    April 24, 2026

    Nick Clegg has told City AM that the UK’s AI sovereignty debate is “slightly dishonest” due to our “marginal relevance” as a global tech player. The ex-president of global affairs at Meta also said that policy decisions taken in recent years have limited the role the UK can now play in the development of AI [...]

  • UK launches £500m Sovereign AI fund as Kendall backs ‘British winners’

    April 16, 2026

    The UK government has unveiled a £500m push to scale domestic AI firms, as ministers step up efforts to anchor the next wave of tech firms on home soil amid growing competition. Tech secretary Liz Kendall is set to launch the new Sovereign AI Unit in London on Thursday, casting it as a central pillar [...]

  • AI minister defends billions amid ‘phantom funding’ scrutiny

    March 10, 2026

    Britain’s multi billion-pound push to build sovereign AI capacity will inevitably include projects that are still taking shape rather than fully deployed capital, the UK’s AI minister told City AM, as scrutiny intensifies over the government’s headline investment figures. Kanishka Narayan, who was appointed as AI and online safety minister last September, said the scale [...]

  • UK AI plans fall short without backing home firms, warns UKAI

    February 11, 2026

    The UK’s ‘sovereign AI’ push risks becoming a missed opportunity unless government policy does more to back UK businesses at home, according to the head of Britain’s AI trade body. Speaking after a parliamentary roundtable in the House of Lords, Tim Flagg, UKAI boss, said the debate around sovereign AI should focus on growth and [...]

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