UK fintechs send rallying cry as industry slips in global ranking September 25, 2025 UK fintech leaders have sent a rallying call to policymakers after the sector slipped in global rankings. A host of industry bigwigs have told City PM the government must be bolder in growth-orientated reforms to bolster the sector’s standing against rivals. It comes after Z/Yen’s 38th Global Financial Centres Index showed the UK’s fintech sector [...]
Code of conduct for IT professionals would help gain public trust in AI September 25, 2025 Billions of investment in AI will do little while the public remains suspicious of the tech. A public register for IT professionals could help address this, writes Emma McGuigan.
Reddit: Revenue more than triples as UK profit jumps September 22, 2025 Revenue at the UK arm of Reddit more than tripled during its latest financial year as profit also surged, it has been revealed. The London-headquartered division has posted a revenue of £96.7m for 2024, new accounts filed with Companies House show. That total is up significantly from the £28.4m it posted for 2023. From 1 [...]
Greg Jackson spins off Kraken from Octopus Energy September 18, 2025 Greg Jackson’s Octopus Energy has announced the spin-off of its technology arm Kraken to become a standalone business. The group said the move is aimed at “speeding up the platform’s expansion across the globe” and allowing Kraken to “fast-track investments into its technology, expand into new energy markets and regions, and drive innovation”. Kraken has [...]
Tech investment provides Starmer with some light relief September 17, 2025 The Special Relationship will be on display this week, but it will also be tested. On a commercial level, things are rumbling along rather nicely; £30bn of US investment into the UK’s AI infrastructure is nothing to sniff at. Donald Trump’s state visit comes with its own political baggage, on which more in a moment, [...]
Trustpilot CEO: ‘We’re delivering something really unique for big companies’ September 16, 2025 Shares in Trustpilot have surged by 10 per cent after it reported a strong first half of 2025 and the announcement of a £30m share buyback. Revenue grew 23 per cent to $122.8m (£90m), while bookings increased 19 per cent to $140m. Adjusted EBITDA [Earnings Before Interest, Taxes, Depreciation and Amortisation] jumped 70 per cent [...]
How AXA UK&I boss is building a £7bn insurance powerhouse September 16, 2025 If AXA UK&I was listed on the London Stock Exchange in its own right, it would be part of the FTSE 100, its chief executive Tara Foley has said. The AXA group is one of France’s best-known financial services firms, and its financials reflect this, having generated over €110bn (£95bn) in 2024. While back at [...]
Google pledges £5bn investment as it opens first UK data centre September 16, 2025 Google has pledged to invest £5bn into the British economy as it opens its first owned and operated data centre in the UK. The tech giant said the investment, which comprises capital spending and research and development over the next two years, will bolster its AI-powered projects in science and healthcare, creating more than 8,000 [...]
Foreign takeovers risk turning UK into an ‘incubator economy’ September 15, 2025 The UK is facing a time crunch to avoid becoming an “incubator economy” as foreign takeovers continue to sweep the London market. A collection of top venture capital investors and founders have called for crucial reforms to the markets ecosystem with a focus on pensions and the IPO environment. The reforms, as outlined in a [...]
European tech rocketships are taking off, but London is being left behind September 12, 2025 A new generation of tech 'rocketship' companies are giving Europe its mojo back, but London is lagging, writes Christoph Klink.
