Leap 100 companies have shown how much can be achieved in just two years March 14, 2017 We're living in an unprecedented time of change. Technology is accelerating at breakneck pace, changing the way we work, creating new industries and, with them, new opportunities for ambitious British businesses. The UK is becoming an increasingly fertile nesting ground for new technology. According to London & Partners, the UK tech sector drew more investment [...]
Innovation never stops: What’s next for the tech startups in Bird & Bird’s Digital Innovators showcase pushing boundaries? March 14, 2017 When Bird & Bird and City A.M. sought to unearth, and then celebrate, the most innovative digital companies shaking up the worlds of finance, health, education, media and security, we knew the collective 20 companies we found were an outstanding demonstration of the UK’s leadership in cutting edge technology. Now, just four months on, the visionary founders [...]
City Moves for 8 February 2017 – who’s switching jobs? February 8, 2017 Today's City Moves cover banking and online travel. Take a look at these movers and shakers: Aldermore Specialist lender and savings bank Aldermore has appointed two leading industry figures to its business finance team to drive further growth in its asset finance lending operations. Patrick Jelly joins the Bank as commercial director for asset finance. [...]
UK tech urges Theresa May to clarify skilled immigration in hard Brexit speech January 16, 2017 The UK tech industry is calling on Theresa May to consider the need for skilled migrants in her plans for Brexit, which are due to be revealed in a highly-anticipated speech on Tuesday. The Prime Minster is expected to lay out her most detailed plans yet for a so-called hard Brexit that would mean an exit from the Single Market, customs union [...]
At the frontline: The cyber threat is becoming ever more subtle November 8, 2016 On any given day, typing the words “cyber attack” into Google News will give you a fresh medley of hacking stories. Hollywood and Edward Snowden may have romanticised the perpetrators of these crimes, but behind most of the headlines sit one or more business owners who are the victims of these devastating breaches. Darktrace and its 330 [...]
Cyber security innovators are taking on the criminals on their own turf October 21, 2016 In an increasingly digital world where we entrust our most valuable data to the information superhighway, it was almost inevitable that criminals and other bad actors would eventually catch up and move their business online too. Their methods are becoming ever more sophisticated as they take advantage of the labyrinth that is the "dark web", which enables [...]
UK tech investors are incredibly happy about Softbank’s $100bn fund October 17, 2016 Venture capital investors in London have welcomed the arrival of the world’s biggest ever tech investment fund and the decision to locate it in the capital. Softbank unveiled plans last week to create a huge new fund for investing in technology companies along with the Saudi Arabian sovereign wealth fund to the tune of as much as $100bn [...]
What Brexit? UK startup funding has bucked a global slowdown October 13, 2016 Cash being ploughed into the UK's tech startups has defied a global slowdown as the impact of Brexit turns out to be limited – so far, at least. Venture capital investment inched up 10 per cent to $834m in the third quarter of the year, fueled by high profile rounds for several star startups including Deliveroo and Darktrace. [...]
Darktrace is now worth $500m and has IPO ambitions October 3, 2016 One of the UK's hottest tech startups is now worth half a billion dollars and has ambitions to go public, City A.M can exclusively reveal. Darktrace, the cyber security startup which boasts backing from top Silicon Valley venture capitalists, Wall Street investors and former Autonomy entrepreneur Mike Lynch, was valued at $450m after a major round [...]
Four good things that have happened in the UK since the Brexit vote July 27, 2016 Who could blame us for worrying over our economic fate after the Brexit vote? We were afraid that the economy was heading for certain death and we wouldn't be able to rescue it. Here we are, over a month after the vote and it looks like there may be some light at the end of [...]