Can chip designer Arm impress following a sales slowdown? May 6, 2024 Shares in Cambridge-based chip designer Arm have soared 60 per cent over the past year after an investor pile-in.
UK’s competition regulator has killed more deals than the EU’s watchdog since 2019 May 4, 2024 The Competition and Markets Authority (CMA) has blocked more tie ups than the European Commission every year bar one in the past five years.
How It Works: How drone technology is helping Ukraine fight its war May 2, 2024 In this week's episode of How It Works, City PM's media, tech, and telecoms reporter Jess Jones sits down with Ricardo Mendes, the chief executive of the aerospace company Tekever.
Calls for a ‘British Library’ of the public’s data grow to help drive AI progress May 2, 2024 A think tank has called for the creation of a 'British Library' of the public's data to help improve Britain's position in the global AI race.
London leads as number of new UK tech companies hits five year high May 1, 2024 The number of UK tech businesses formally registered as limited companies surged by 11 per cent to reach a five-year peak in the first quarter.
Concurrent Technologies shares jump after defence manufacturer sees higher UK demand May 1, 2024 AIM-listed Concurrent has soared over 45 per cent over the past year as the company has made several strategic wins.
London tech company’s profits treble as stock soars over 130 per cent May 1, 2024 Maintel, which is a London tech company that provides cloud services for businesses, said revenue for the year, ending December 2023, was £101.3m, up 11.3 per cent year-on-year.
Safety equipment firm Halma acquires MK Test for £44m May 1, 2024 Safety equipment company Halma has acquired electrical testing technology firm MK Test for more than £40m, it has been announced.
Computacenter cautions on first half results amid ‘challenging’ UK market May 1, 2024 "Germany and North America delivered solid underlying performances while the UK remained challenging," Computacenter said on Wednesday.
GSK raises 2024 guidance after strong vaccine sales May 1, 2024 In its first quarter, British company GSK said sales rose 10 per cent to £7.4bn but total operating profit fell 18 per cent to £1.49bn.
