Post-Brexit and pandemic inquiry launched into labour market recovery as shortages ‘act as brake on prosperity’ May 27, 2022 A post-pandemic and Brexit recovery inquiry has been launched into the UK labour market as skills and worker shortages appear to have strained the recovery post-pandemic and Brexit. The Business, Energy and Industrial Strategy (BEIS) committee initiated the probe on Friday in wake of recently published figures by the Office for National Statistics, showing more [...]
London-based venture firm Crane bags £112m for new ‘deeptech’ fund May 24, 2022 London-based venture firm Crane has bagged $140m (£112m) for a fresh ‘deep-tech’ fund today with £30m backing from British Business Bank-owned investor British Patient Capital.
Why we still like Asian tech stocks May 23, 2022 Asian semiconductor and IT stocks have had a difficult few months, but we see the sector as a long-term winner. Market trends in Asia this year have tended to see consumer, internet, semiconductor and technology stocks come under pressure. Internet stocks face ongoing regulatory uncertainties, while consumer companies face a profit margin squeeze amid cost [...]
AI specialists Pupil swoop in for UAE surveying firm ASME with renewed focus on Dubai and Abu Dhabi May 23, 2022 Data tech firm Pupil have swooped in for a leading surveying company specialising in UAE property The Artificial Intelligence (AI) pioneers, who use spatial mapping tech, sealed the deal to acquire Aus-Surv Middle East, which has completed over 600 high-rise and mixed use developments in Dubai and Abu Dhabi. Pupil, which entered the gulf state’s [...]
The TMT M&A game change: Are dealmakers ready to play? May 18, 2022 A few months into 2022, and mergers and acquisitions (M&A) activity in the technology, media, and telecommunications (TMT) sector is already setting the tone for an interesting year ahead, with some organizations making bold moves into the new and next. This is after a banner 2021 where the sector topped the tables in both value [...]
Google and DeepMind face class action lawsuit over patient data deal with London hospital May 16, 2022 London law firm Mishcon de Reya is bringing forward a major class action lawsuit against artificial intelligence (AI) firm DeepMind and its sister company Google over claims the two firms misused UK patients’ medical records while working with the Royal Free Hospital. The lawsuit, filed to the High Court on behalf of 1.6m individuals, comes [...]
Khan tours America: Donald Trump’s presidency led to much more racist abuse for me, says Mayor of London May 11, 2022 As Sadiq Khan’s visit to the US matures, the Mayor of London has said Donald Trump’s period as US president led to a significant rise in racial abuse directed at him. Khan, speaking at Stanford University near San Francisco on his US trade mission, said temporary and permanent banning of Mr Trump from Twitter led [...]
How technology is transforming and unlocking real-estate asset classes April 27, 2022 The line between technology and real estate is blurring, bringing new opportunities and asset classes, particularly in residential, office and biotech, says Samantha Kempe, co-founder and chief investment officer of IMMO Capital. The sheer size of the real estate sector – the global figure reached a record $326.5 trillion (about £251.1 trillion) in 2021, according [...]
A fresh £225m: UK life sciences continue to ride wave of Covid-19 momentum April 25, 2022 The UK’s life sciences sector has continued to ride the wave of momentum that has come with Covid-19, with investors increasingly alive to the sector’s opportunities. The Cambridge Innovation Centre (CIC) has raised £225m in an oversubscribed round for its second life sciences fund, it announced today. The venture capital investor, focused on life sciences [...]
Clarets’ glass looking half full as Sean Dyche gamble continues to pay off for Burnley April 24, 2022 As far as gambles go, Burnley’s jettisoning of Sean Dyche 10 days ago was a huge one. Dyche was more than just their manager; he was the Premier League’s longest serving boss and the man who had done more than anyone else to turn the Clarets into an established top-flight presence. When that status remained [...]