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uk tech sector

  • ‘Absurd’: Government seeks quantum tech chief – no experience necessary

    Tech

    The government is recruiting a senior official to oversee billions of pounds of quantum investment despite saying candidates do not need any background in the technology. A job advert for a deputy head of the Office for Quantum published on Tuesday says the successful candidate could oversee the rollout of the UK’s national quantum programme, [...]

    Advanced quantum computer with intricate circuits and glowing interface, illustrating cutting-edge technology innovations
  • Burnham risks ‘big mistake’ on AI with tech department shake-up

    Tech

    Andy Burnham has been warned that breaking up the government department behind Britain’s artificial intelligence strategy could unsettle global investors and damage the country’s standing as a technology hub. The incoming prime minister is reportedly considering abolishing the Department for Science, Innovation and Technology (DSIT) and splitting its responsibilities between the Department for Business and [...]

    Andy Burnham discussing capital gains tax increase during a press conference, highlighting potential economic impacts
  • Nothing fails to file accounts months after dissolution threat

    Tech

    Smartphone maker Nothing is still showing overdue accounts months after escaping compulsory dissolution, City AM can reveal, raising questions over the governance of one of Britain’s fastest-growing tech firms. The London-based consumer electronics maker narrowly avoided being struck off the UK company register earlier this year after Companies House launched compulsory strike-off proceedings over missed [...]

    Nothing Phone 1 showcasing its transparent back design and unique LED light interface, representing innovation in smartpho...
  • Liz Kendall ramps up push to funnel pension cash into UK startups

    June 12, 2026

    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 [...]

  • Britain’s first sovereign AI model secures blue-chip backing as Starmer unveils £400m plan

    June 8, 2026

    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 [...]

  • Revolut, Wayve and Elevenlabs join European tech sovereignty push

    June 1, 2026

    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

    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 [...]

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