Peter Kyle sets out tech growth plan as UK AI sector hits £2.9bn September 3, 2025 Technology secretary Peter Kyle has pitched the UK as a “global magnet” for innovation in his keynote speech at Mansion House on Wednesday evening. His pledge comes as investment in British AI companies hit record levels last year. Figures released alongside his address confirm that private investment in UK AI firms reached £2.9bn in 2024, [...]
Klarna confirms second hit at New York listing in snub to London September 2, 2025 Swedish fintech unicorn Klarna has launched its second hit at a listing on the New York Stock Exchange after its initial attempt was derailed by President Donald Trump’s tariff onslaught. The buy now, pay later giant said its IPO price is expected to be between $35 and $37 per ordinary share and hopes to raise [...]
Wise mulls UK banking licence after ditching London listing September 1, 2025 Money transfer firm Wise is looking into a UK banking license following the fintech ditching its primary listing on the London stock market earlier this year. The company has reached out to financial services heavyweights in the last two months regarding roles related to starting a banking business in the UK, according to The Times. [...]
Microsoft negotiations threaten to delay OpenAI’s restructuring August 27, 2025 OpenAI’s plan to restructure its business and raise billions in new funding is being stalled as it remains locked in complex negotiations with its largest investor, Microsoft. The ongoing talks, which could extend beyond the end of the year, as reported by the Financial Times, centre on key points of contention that could impact the [...]
RFU backing of Red Roses can aid better English pro structure August 21, 2025 So it begins. Red Roses vs USA at the Stadium of Light. Friday night, BBC 1. That’s a USA fielding the rugby player with by far the biggest social media following on the planet, Ilona Maher. You won’t find a hotter ticket this year than the Women’s Rugby World Cup final at Twickenham on 27 [...]
Dynamic ticket pricing will not be used at Home Nations Euros in 2028 August 20, 2025 Uefa has opted against introducing the dynamic pricing model favoured by Fifa for selling tickets for the 2028 Euros in England, Scotland, Wales and the Republic of Ireland. The European governing body’s decision has been welcomed by the four domestic FA’s, who are continuing to consult with Uefa over Euros tickets and want to offer [...]
Quiet quitting 2.0: Forget Gen Z, it’s CEOs who are checking out August 19, 2025 Gen Z has long been berated for disengaging, but it's CEOs that are the real problem. Welcome to quiet quitting 2.0: when the C-suite checks out but stays in.
The five fintech segments to watch August 18, 2025 Global fintech funding slumped to its worst half-year in five years in the first six months of 2025. Investment reached $44bn (£32.47bn), falling from $54.2bn the year prior, whilst the number of deals fell from 2,376 to 2,216. Weak investment in the three months to June 31 2025, hurt the headline figures, with just $18.7bn [...]
Aviva’s profit soars ahead of merger with Direct Line August 14, 2025 Aviva posted a profit jump for the first half of the year after strong growth across its wealth and insurance divisions. The company’s operating profit climbed 22 per cent to just north of £1bn – topping the £875m netted in the first half of 2024. This comes after Aviva completed its £3.7bn takeover of rival [...]
After the shake-up, is the CMA still a watchdog with teeth? August 14, 2025 Those of us who have regulators' email alerts switched on were familiar with the CMA as an active regulator, but that didn't align with the Labour government's agenda.