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      The major Budget questions facing John Healey in four charts 

      Chancellor holding iconic red budget box outside Downing Street, symbolizing UKs annual budget announcement

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uk data centre

  • Ofgem targets speculative AI data centres to free up Britain’s energy grid

    Tech

    Ofgem has announced plans to stop speculative AI data centre projects clogging up Britain’s electricity grid, after applications for new power connections more than tripled in less than a year. The energy regulator is consulting on a new upfront commitment fee for large data centre developers, alongside tougher rules requiring projects to prove they are [...]

    2024 was a transformational year for GlobalData.
  • London’s £10bn data centre boom accelerates amid AI power crunch

    Tech

    London’s data centre sector is entering a new phase of expansion, with three major schemes worth over £10bn revealed in the past week. The projects, all located in and around the capital, aim to serve the growing computing needs of the City, tech firms, and the broader UK economy, particularly AI workloads. The developments are [...]

    Sir Keir Starmer's government has prioritised investment data centres as a major pillar of its plans to boost economic growth.

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