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uk tech sector

  • Liz Kendall ramps up push to funnel pension cash into UK startups

    Tech

    The government is stepping up efforts to channel more institutional money into British tech firms as ministers look to stop promising startups heading overseas for funding. Tech secretary Liz Kendall announced that Labour would pursue reforms to unlock pension fund investment into UK growth firms, adding Britain needs to become an “indispensable partner” in the [...]

    Work and Pensions Secretary Liz Kendall is in charge of reforming the state pension and benefits system
  • Britain’s first sovereign AI model secures blue-chip backing as Starmer unveils £400m plan

    Tech

    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 [...]

    Prime Minister Keir Starmer addressing media at a press conference podium, discussing current governmental policies and in...
  • 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
  • Small cap tech firm quits LSE to cut costs in latest market blow

    May 27, 2026

    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’

    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, [...]

  • 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 [...]

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