CMA launches investigation into Microsoft amid cloud contract crackdown March 31, 2026 The UK’s competition watchdog has launched a new probe into Microsoft’s business software ecosystem, as part of a wider push to loosen the grip of Big Tech on cloud, and boost competition for British firms. The Competition and Markets Authority (CMA) said it will open a strategic market status investigation in Microsoft’s suite, including Windows, [...]
Softr Unveils an AI-Native Platform, Ushering in a New Era of Business Software Creation Without Code March 31, 2026 New AI-platform enables non-tech teams to build fully functional, secure applications for real business operations, not just prototypes
iBase-t Announces Strategic Growth Investment from TA to Accelerate AI-Powered Digital Manufacturing and MRO Transformation in Aerospace & Defense March 31, 2026 iBase-t, a leading provider of Manufacturing Operations Management software for aerospace and defense manufacturers, today announced a strategic growth investment from TA Associates (TA), a global growth private equity firm. The investment will support iBase-t’s continued product innovation and global expansion as global aerospace and defense manufacturers scale production, modernize sustainment operations, and accelerate adoption [...]
Fresha Becomes the Software Infrastructure of Choice for Multi-location Selfcare Businesses as Enterprise Growth Surges March 31, 2026 Fresha, the top-rated AI-powered booking platform for beauty and wellness, is witnessing significant enterprise growth as multi-location and large-team businesses increasingly choose Fresha to manage and scale their operations. Leading well-established brands, including Menspire, Ted’s Grooming Room, Gould Barbers, Masaj, Adams Barbers, The Art of Nails, and more, are among a growing cohort of enterprise [...]
Britain’s most AI-exposed sectors foot biggest tax bill March 31, 2026 The UK sectors most exposed to artificial AI are concentrated in the same parts of the economy that generate the bulk of tax revenues, according to government and industry data. A 2026 assessment from the UK government shows AI is most applicable to tasks involving data processing, analysis and routine cognitive work, activities concentrated in [...]
More harm than good? Minimum wage hikes kick in from April March 31, 2026 With April approaching plenty of conversations have focused on the end of the tax year, with people scrambling to utilise their ISA allowances, but the month also brings about a pay rise for millions of Brits – and increased costs for employers. The national minimum wage will increase from 1 April, with Chancellor Rachel Reeves [...]
UK economy grew 1.4 per cent in 2025 March 31, 2026 The UK economy grew 1.4 per cent in 2025, official data has shown as data analysts nudged up the estimate for the year. The Office for National Statistics has confirmed that the UK economy grew more than originally thought but growth slowed down radically as the year passed. It found that GDP increased by 0.1 [...]
Raspberry Pi shares soar as revenue set to surge past expectations March 31, 2026 Shares in Raspberry Pi jumped early on Tuesday morning after the mini computer seller said its revenue was set to surge past market expectations. The London-listed business said its full-year profitability is anticipated to be in-line with market estimates, with revenue “materially higher.” Pre-tax profit increased 63 per cent to $26.5m, as revenue grew 25 [...]
Exclusive: Databricks commits $850m in vote of confidence for UK tech March 31, 2026 Databricks is pouring more than $850m (£644m) into the UK over the next three years, City AM understands, in a major vote of confidence in Britain’s position as a European AI hub. The US data and AI group said it would quadruple its London office footprint with a new 137,000 sq ft headquarters in Fitzrovia, [...]
FTSE 100 Live: Stocks inch up; Fuel shortage fears hit airlines; Unilever nears food deal March 31, 2026 Good morning and welcome back to the City AM liveblog. Oil prices are on track for its biggest monthly gain on record for March following the outbreak of war in Iran. It comes as the war in Iran continues to cause ripples through the market, with Brent crude – the international benchmark for oil prices [...]