BGF’s £3bn pledge offers hope amid concerns over UK competitiveness May 28, 2025 The Business Growth Fund (BGF) has unveiled a £3bn commitment to back British businesses over the next five years which includes £500m earmarked for early stage start-ups in deep tech and life sciences. The organisation, which is one of the UK’s most prominent equity investors, has made the announcement at a pivotal time for the [...]
Cyber and AI fuel surge in UK tech M&A deals May 21, 2025 The UK’s software M&A market has hit a record high, with £13.2bn deployed across 420 deals over the past year, marking a 27 per cent year on year rise and revealing the nation’s pivotal role in Europe’s tech investment scene. A recent survey from BearingPoint Capital found that despite escalating macroeconomic headwinds and growing valuation [...]
London loses Europe tech crown to Paris May 21, 2025 Paris has overtaken London as Europe’s leading tech hub for the first time, reigniting concerns over the competitiveness of the UK’s biggest city for a vital sector. The French capital has been named as the only non-US city in the world’s top five global ecosystems, according to Dealroom’s 2025 global tech ecosystem index, overturning years [...]
New immigration plans could reverse the UK’s tech exodus May 13, 2025 The UK government’s recently unveiled immigration white paper has triggered cautious optimism across the tech sector, as policymakers aim to reverse a talent bottleneck that many say has long stifled innovation and growth. As part of a broader industrial strategy targeting sectors like AI, quantum, and green tech, the paper outlines steps to widen access [...]
Deliveroo’s sale reignites fear over UK’s tech exodus May 9, 2025 When London-headquartered Deliveroo announced in early May that it had agreed to be acquired by US delivery giant Doordash, it triggered more than just a major shakeup in the food tech sector. To many in the industry, it was a familiar story – yet another prominent British tech firm snapped up by an overseas buyer. [...]
Exclusive: KMPG renews search for UK’s top tech scale-ups April 24, 2025 Professional services giant KMPG has launched its annual competition to identify and support the UK’s most innovative scale-ups, as the sector navigates a challenging investment landscape. Now in its 12th year, the competition has served as a launchpad for a diverse range of startups – from healthtech pioneers to AI disruptors. Previous finalists include notable [...]
What3words: Losses slashed as jobs cut and sales double April 22, 2025 What3words shed jobs and significantly cut its pre-tax loss as sales more than doubled in 2024, it has been revealed. The London-headquartered tech business, which is backed by ITV, Mercedes-Benz and former F1 champion Nico Rosberg, has reported a pre-tax loss of £10.6m for its latest financial year, down from the £16.4m it posted for 2023. New accounts filed with [...]
UK tech start-up vows to ‘do to Sage what Netflix did to Blockbuster’ April 10, 2025 When Netflix began quietly mailing DVDs to American homes in 1998, Blockbuster barely flinched. By the time it did, the game had changed. And, with its business model firmly based on late fees and physical stores, it was too late. Fast forward a quarter of a century, and UK tech company iplicit is hoping to [...]
Filtronic and Computacenter shares jump as UK tech shrugs off tariff concerns April 8, 2025 Investor appetite is shifting toward UK tech stocks as recent trade tensions, aggressive US tariffs, and mounting concerns over stretched valuations in American tech giants have upended the global investment landscape. With Trump’s sweeping tariffs triggering volatility across US markets, many investors are now looking to UK-listed firms for value, growth, and relative geopolitical stability. [...]
Microsoft cuts UK jobs as sales near £10bn and profit surges April 8, 2025 Microsoft shed more than 200 UK jobs in the year its turnover jumped to almost £10bn, it has been revealed. The US tech giant reduced its headcount from 5,540 to 5,337 in the year to 30 June, 2024, new accounts filed with Companies House show. The reduction comes after Microsoft’s headcount grew from 4,955 in [...]