Allbirds shares rockets as shoe brand pivots to AI Tech Shares in Allbirds surged by over 580 per cent after the struggling shoe brand unveiled a dramatic pivot into AI, betting on soaring demand for tech infrastructure to revive its fortunes. The Nasdaq-listed firm said it had secured $50m (£37m) in convertible financing to shift into an ‘AI compute infrastructure’ business, focusing on buying high-performance [...]
Beauty Tech Group profits jump following London IPO Tech The Beauty Tech Group has posted stronger-than-expected annual results after its London listing last year, with revenue and profits surging as demand for at-home beauty devices continued to grow across international markets. The Manchester-founded business, which floated on the London Stock Exchange in October at a valuation of about £300m, told markets on Thursday that [...]
PwC consulting overhaul reveals AI reckoning for the Big Four Big Four The influx of AI is putting the Big Four’s structures under strain, and cracks are beginning to appear in their consultancy divisions, argues senior reporter Maria Ward-Brennan. The industry is facing a storm of problems, including over-recruitment during the pandemic, low staff attrition rates due to economic issues, and a drop in fees as the [...]
Exclusive: Treasury and regulator to hold crunch talks with UK fintech unicorns April 16, 2026 Top fintech bosses will lock horns with Treasury and watchdog officials next week as the industry lobbies for key regulatory reforms, City AM can reveal. Several of the nation’s fastest-growing companies are set to meet City Minister Lucy Rigby on Tuesday as part of a flurry of key summits in UK fintech week. The City [...]
London’s unlikeliest tech hub? The Ideal Home Show April 15, 2026 Think the Ideal Home Show is for fuddy duddies? We've been at the cutting edge of tech for 118 years, writes director Giles Perry.
Clearbank deposits balloon amid growth at Revolut and Coinbase April 15, 2026 The banking backbone behind the likes of Revolut and Coinbase has recorded a surge in deposits and revenue as client activity hit record levels Clearbank, which launched in 2017 to provide banking infrastructure and embedded services to challengers, posted a 65 per cent jump in deposits in 2025, reaching £17.8bn. The growth came as the [...]
Snyk founder Guy Podjarny makes surprise return to board after chief executive exit April 14, 2026 The founder of cybersecurity firm Snyk has made a surprise return to the company after the unexpected departure of its chief executive. Guy Podjarny, who founded the firm in London in 2015 before stepping away last year, has made a comeback as a director just twelve months later, company filings show. Snyk did not respond [...]
Fake reviews are tipping point for much bigger online trust scandal April 10, 2026 From fake reviews to ChatGPT, the decline of consumer trust is now a major online infrastructure problem, writes Paul Armstrong.
Why is phone signal so bad in London? Planning, of course April 9, 2026 Outdated planning laws that mean that dictate a pointless three-antenna limit on every phone mast are holding back progress, says Maxwell Marlow You may not believe it, but you can get a better signal at the top of Machu Picchu than you can standing outside of the Bank of England. I believe it. I was [...]
We talked to 12 permanent secretaries about how to rewire the state – here’s what they said April 8, 2026 The path to an integrated digital state must be problem-led, not tech led, says Yatin Mahandru The UK government has an ambitious vision – a ‘rewiring of the British state’ powered by digital and AI. Leadership is clear that “no person’s substantive time should be spent on a task where digital or AI can do [...]