Britain’s tech sector ‘massively punches above its weight’ Tech The UK’s tech sector continues to generate capital, attract global investment and talent, yet the domestic narrative often points to a country in retreat. “We have a huge narrative issue”, Russ Shaw, founder of Global Tech Advocates and London Tech Advocates, told City AM. “We’re the third largest tech ecosystem in the world. We have [...]
OpenAI backs London with hub expansion and new roles Tech OpenAI is to make London its largest research hub outside the United States, in what ministers have hailed as a “huge vote of confidence” in the UK’s AI sector. The ChatGPT developer confirmed it will significantly expand its London operation, which currently employs around 30 researchers, though it declined to put a figure on how [...]
UK tech faces hiring crunch despite AI visa push Tech Applications from overseas tech workers wanting to move to the UK have dropped significantly, adding to concerns over talent shortages in one of the economy’s faster growing sectors. New data by accountancy firm RSM UK found the number of international workers applying for a UK visa to work in tech dropped 11 per cent from [...]
Industry boss slams Labour for lack of tech sector support January 5, 2026 The boss of the world’s biggest tech trade show yesterday took aim at the UK government’s support for tech startups, following a disappointing show of Brits at the annual tech conference. “The British presence has been spotty, which is surprising to me” compared to European rivals, announced Gary Shapiro, who has been with the CTA [...]
Exclusive: Liz Kendall bets £55bn to close UK innovation gap October 30, 2025 Britain’s new tech secretary, Liz Kendall, insists the government’s record £55bn R&D package marks a turning point for UK innovation, but with the country still lagging global rivals in key sectors, questions remain over whether even this scale of investment can close the gap. The funding, confirmed on Thursday by the Department for Science, Innovation [...]
MPs urge Whitehall to prioritise AI training as digital gap widens October 22, 2025 The government must urgently upskill civil servants to make effective use of AI, MPs have warned. In a new report published on Wednesday, Parliament’s Public Accounts Committee (PAC) said that gaps in digital advancements among government departments are leading to service backlogs, inefficiencies, and poorer outcomes for citizens. Sir Geoffrey Clifton-Brown MP, PAC chair, argued: [...]
‘The AI bubble won’t pop’, says Bain & Company tech expert October 15, 2025 Despite mounting speculation of a possible ‘AI bubble‘, a senior Silicon Valley investor has told City AM that some concerns may be overblown. Anne Hoecker, Silicon Valley partner at Bain & Company and head of the company’s global tech practice, told City AM on Tuesday: “When people say a bubble, it feels like something that’s [...]
Beauty Tech makes strong debut on London Stock Exchange amid IPO drought October 3, 2025 Shares in Beauty Tech Group, the owner of at-home skincare device brands including CurrentBody, ZIIP Beauty and Tria Laser, rose on their first day of trading in London, offering a rare boost to the capital’s beleaguered stock market. The Cheshire-based firm priced its initial public offering (IPO) at 271p a share, giving it a market [...]
UK ‘open for business’ as tech M&A surges October 2, 2025 The UK tech sector is experiencing a resurgence in mergers and acquisitions (M&A), driven by a combination of domestic innovation, international investment and the rapid adoption of AI. “The UK is definitely open for business”, investment banker Victor Basta told City AM. “It has enormous talent, and for international companies, particularly those who can’t invest [...]
Converge AI: Meet the UK tech decarbonising concrete with AI September 24, 2025 Concrete is everywhere; It’s in the roads we drive on, the buildings we work in, and the infrastructure that shapes the UK’s cities. Yet despite its ubiquity, it’s also one of the hardest materials to make environmentally friendly. This is the challenge that British construction tech scale-up Converge AI, founded in 2014, is trying to [...]