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      Bank of England Governor Andrew Bailey has suggested financial markets could crash if sovereign debt levels continue to spiral.

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sovereign tech

  • Revolut, Wayve and Elevenlabs join European tech sovereignty push

    Tech

    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 [...]

    Wayve autonomous car navigating Regent Street, showcasing cutting-edge self-driving technology in an urban environment
  • Government urged to prioritise UK tech amid US investment surge

    Tech

    UK cloud provider Civo has launched its ‘tech sovereignty agenda’, urging the government to place greater emphasis on domestic technology amid an unprecedented wave of investment from US tech giants. The agenda calls for a reassessment of the UK’s approach to innovation, advocating for a balance between benefiting from global technology while ensuring that critical [...]

    The call for greater sovereignty comes as US technology companies pledge over £30bn in AI and cloud investments in the UK.

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