UK VC investment storms ahead of Europe as AI dominates July 3, 2025 UK venture capital funding stormed ahead of its European peers in the first half of 2025 as the country’s innovation economy remained resilient in the face of wider geopolitical tensions. Total investment topped $8bn (£5.9bn), edging up three per cent from the final six months of 2024. This gave the UK a 30 per share [...]
M&A volumes jump as US bidders snap up UK tech July 2, 2025 US private equity firms are continuing to swoop for UK tech companies leading to a jump in merger and acquisition (M&A) volumes. Giants from across the Atlantic have taken a heightened interest in UK stock, which analysts pegged to the “cheap and undervalued” nature of equities. UK public M&A activity almost tripled in the first [...]
Cuts, struggles and breakups: How is AI reshaping the consultancy sector? July 2, 2025 Amidst the job cuts at Big Four, crisis mode is rearing at consultancy firms as the industry struggles to keep up with the AI world
British banks shed workers at fastest pace since 2018 July 2, 2025 British bankers were on the chopping block in 2024 as UK lenders marked the steepest drop in headcount since 2018 amid an industry-wide digital push. Total employee numbers at British lenders slumped 5.25 per cent to 580,371, falling to the lowest number in a decade. Standard Chartered and HSBC made the biggest culls at 4.5 [...]
Premier League kicks off AI era with five-year Microsoft deal July 1, 2025 The Premier League has inked a five-year deal with Microsoft to overhaul how fans engage with the game. But the tie-up also tightens Big Tech’s grip on British sport, reigniting scrutiny over data use and monetisation. Under the agreement, Microsoft will become the League’s official cloud and AI partner, with its Copilot technology powering a [...]
Hey Siri: Can ChatGPT save Apple’s AI woes? July 1, 2025 After years of insisting it could do AI its own way, Apple is now reconsidering that approach – and the implications could reshape its core product experience. The iPhone maker is in talks with Anthropic and OpenAI about powering a revamped Siri, reported Bloomberg, potentially swapping out its own foundation models for one of their [...]
Vodafone and Virgin Media O2 strike £343m deal June 30, 2025 Vodafone has received a boots worth £343m from Virgin Media O2 just a few weeks after its mega merger with Three was finally approved. Virgin Media O2 has agreed to pay £343m for a tranche of mobile spectrum from Vodafone UK in a deal which is hoped will help shore up its network capacity amid [...]
Meta’s billion-dollar AI talent hunt sparks broader jobs reckoning June 30, 2025 Meta is offering some of the most lucrative recruitment packages in tech history, as chief executive Mark Zuckerberg leads an aggressive hiring push to reposition the firm as a leader in generative artificial intelligence (AI). The member of the so-called magnificent seven has offered signing bonuses of up to $100 (£79m) to lure top talent [...]
Wimbledon scams: Bots are beating humans to the gates of Centre Court June 30, 2025 Bots are blitzing Wimbledon’s ticketing platform, scooping up tens of thousands of pounds’ worth of seats every minute while real deal fans scramble for scraps. A new investigation by cyberfraud firm Datadome has exposed just how exposed the system is – and it’s not a good look for the world’s most prestigious tennis tournament. Despite [...]
London’s 5G rollout is being strangled by a failed legal model June 27, 2025 London’s position at the bottom of Europe’s 5G performance rankings is the direct result of a failed telecoms access policy that has deterred investment, triggered mass litigation, and paralysed rollout. The Electronic Communications Code (ECC), reformed in 2017 to cut costs for mobile operators, removed the requirement to pay market rents for infrastructure sites. Instead, [...]