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 [...]
Small cap tech firm quits LSE to cut costs in latest market blow Markets Small-cap semiconductor firm Nanoco Group is quitting the London Stock Exchange in a bid to save £700,000 a year, in the latest setback for Britain’s struggling public markets. The Manchester-based tech business said the annual costs of maintaining its listing had become too burdensome for a company of its size, as it blamed weak liquidity [...]
Quantexa boss: ‘Britain can build global AI winners’ Tech 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, [...]
Starmer’s Europe reset risks strangling UK AI sector with EU regulation May 11, 2026 As the prime minister scrambles to save his premiership Keir Starmer has vowed to position the UK “at the heart of Europe” – but his pledge risks reigniting fears that closer EU ties could undo the UK’s AI advantage. In today’s speech, aimed at rescuing the prime minister’s position after bruising local election losses, Starmer [...]
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 [...]
Bezos AI lab eyes King’s Cross Silicon Valley hub April 27, 2026 Amazon founder Jeff Bezos’s AI venture is in talks to expand in London, joining a growing cluster of AI giants around King’s Cross, which is increasingly being seen as the UK’s rival to Silicon Valley. Project Prometheus, the billionaire’s secretive AI lab, is in talks of taking up office space within the Jellicoe Buiding, the [...]
Untrained managers are stalling Britain’s AI returns April 23, 2026 British businesses are pouring copious amounts of capital into AI, but meaningful returns are by no means guaranteed. New research from the Chartered Institute of Management found that only one in 20 managers report real, transformational productivity gains from AI investment. Meanwhile, one in four say they have seen no benefit at all. The CMI’s [...]
Britain’s tech sector ‘massively punches above its weight’ March 4, 2026 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 February 26, 2026 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 February 23, 2026 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 [...]