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      Claridge’s swings to £10m loss as luxury hotel warns on ‘adverse impact’ of tax hikes

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      Manchester United deny financial motive behind nearly 700 season ticket bans

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UK tech

  • Government admits Burnham’s Whitehall shake-up leaves tech policy in limbo

    Tech

    Nearly two months after Andy Burnham abolished Britain’s technology department, ministers have admitted parts of the former department still have nowhere to go. A long-awaited breakdown of the Department for Science, Innovation and Technology (DSIT) carve-up revealed a “small number of policy areas” are yet to be allocated, while some staff are still waiting to [...]

    Andy Burnham, Mayor of Greater Manchester, in a suit and glasses, looking serious against a bright sky.
  • London bags $9bn US AI firm Replit’s first overseas office

    Tech

    Replit, the $9bn (£6.64bn) US AI coding start-up, has picked London for its first international office as the capital continues to attract some of Silicon Valley’s fastest-growing AI companies. The San Francisco-based company has opened in King’s Cross and will use London as the base for its European operations, with plans to double its local [...]

    Aerial view of Kings Cross St. Pancras station and square, London, with people, buses, and surrounding buildings.
  • AI startup raises $20m to build ‘digital twins’ of office workers

    Tech

    An AI startup that creates digital replicas of employees has raised $20m (£15m) as investors bet that technology used to model factories and machinery can be applied to office workers. Twin1 AI emerged from “stealth” on Thursday after securing seed funding in a round co-led by Bessemer Venture Partners, Tribeca Venture Partners and Aramco Ventures. [...]

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  • Skilled tech visa applications fall again despite AI talent push

    August 17, 2026

    The number of overseas tech workers applying for UK visas has fallen for a third consecutive year, despite ministers promising to make Britain a magnet for global AI talent. A Freedom of Information (FOI) request by consulting firm RSM UK found that applications from skilled tech workers dropped seven per cent to 34,936 in 2025, [...]

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

    August 12, 2026

    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, [...]

  • Ofgem data centre crackdown risks ‘driving AI investors away’ from UK

    July 29, 2026

    Ofgem’s plans to crack down on speculative data centre projects have prompted warnings that new grid connection fees could make Britain a less attractive destination for AI investment, even as the industry backs efforts to clear stalled schemes from the queue. The regulator has launched a consultation on proposals to free up electricity grid capacity [...]

  • Sage accelerates AI expansion as revenue grows

    July 29, 2026

    Sage said it is accelerating the roll-out of AI across its product lines on Wednesday as it reported another quarter of double-digit revenue growth, fuelled by a boost in demand for its cloud accounting software. The FTSE 100 software company said revenue rose 11 per cent to £2.06bn in the nine months to 30 June, [...]

  • AI Minister: Visa reform key to keeping tech giants in Britain

    July 27, 2026

    AI Minister Kanishka Narayan renewed calls for more visas for top engineers, arguing that the UK will need to do more to help tech companies scale at home rather than sell overseas. In his first interview since joining Andy Burnham’s cabinet, Narayan said he would use his seat at the top table to push for [...]

  • AI reduces founders’ need for capital, says Revolut Business

    July 22, 2026

    AI is reducing the amount of capital startups need to build global businesses, shifting the battle for founders away from funding and towards which countries offer the best environment to scale, according to the head of Revolut Business. Speaking to City AM, James Gibson said AI had dramatically lowered the cost of building and operating [...]

  • ‘Fantastic news’ as Burnham brings Britain’s AI minister into Cabinet

    July 21, 2026

    Andy Burnham has promoted Kanishka Narayan to a Cabinet position as Britain’s AI minister as part of his first major government reshuffle, handing artificial intelligence its first dedicated seat at the Cabinet table. Narayan will attend Cabinet for the first time after surviving Burnham’s sweeping reshuffle, which saw several senior ministers leave government and the [...]

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