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Tech

Vodafone plunges to £3.8bn loss as German business continues to struggle
By City AM
The telecoms giant posted a pre-tax loss of €1.4bn for the year to end March, compared to a profit of €1.6bn the previous year
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Swansea wifi provider set up with just £750 acquired in a multi-million-pound deal
Deals
Camping Connect has been acquired by leading European wifi and connected solutions firms Passman Group
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Tyneside tech firm Aspire Technology Solutions awarded a Royal Warrant
Technology
The Gateshead business is one of just five from the North East to have secured the prestigious award
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Deloitte creating 100 jobs with new technology centre in Manchester
North West
'Our investment will further support Greater Manchester’s ambition to be a leading digital and AI demonstrator region'
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Microsoft is past its glory days and the stock is a sell, says º£½ÇÊÓƵ fund manager
By City AM
Liontrust's innovation fund team, which is made up of Clare Pleydell-Bouverie, Storm Uru, and Jamie Clark, told City AM that they sold out of the tech giant's shares in the fund's portfolio
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Government urged to break up Apple and Google's duopoly over app stores
By City AM
The Competition and Markets Authority (CMA) must be "beefed up" to deliver faster and more forceful interventions in digital markets, especially against "exploitative practices" like excessive commission fees charged by Apple and Google
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Filtronic scoops significant Airbus satellite contract with potential for more to come
Deals
It is another valuable European space sector deal for the North East firm
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Sage hails AI progress as it books substantial margin and earnings growth
Company Results
The global tech giant's Tyneside team has fundamental in developing its AI assistant, Sage Copilot
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Space Forge in biggest ever Series A fundraising round in the º£½ÇÊÓƵ's space sector
Tech
The Cardiff-based start-up has secured a £22.6m investment from a consortium of global investors led by the NATO Innovation Fund
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US web hosting giant GoDaddy's º£½ÇÊÓƵ division returns to profit after $70m loss
By City AM
The Nottingham-headquartered division has reported a pre-tax profit of $4.2m (£3.15m) for 2024
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Tekmar Group seals deal for work on wind farm off Scottish coast
Deals
The firm has won the contract with Charles Brand, a Belfast based civil engineering business founded 190 years ago.
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14 'smart hubs' to be installed in Newquay despite concerns
Business Improvement District
The town's business improvement district has welcomed the plans but some residents aren't happy
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Virgin Media O2 and Daisy Group announce plans to create new communications and IT giant
By City AM
The move will see Virgin Media O2 and Daisy Group combine their direct B2B (business to business) operations
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Merseyside to receive millions in funding for 'jobs of the future' and to help turn 'eureka moments' into innovative businesses
North West
£30m awarded to universities working with industry partners across country
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Playtech shares plummet 60% post-massive dividend from Snaitech sale
By City AM
The gambling software firm paid out almost £1.5bn as a special dividend from the sale of its Italian consumer arm Snaitech to Flutter during last year.
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Alphabet - Google's parent company - plunges as Apple eyes tech giant overhaul
By City AM
Alphabet suffered its biggest drop in shares since October on Wednesday, with the iPhone maker hinting to a strategic shift to AI-powered rivals and a probe from º£½ÇÊÓƵ regulators looming
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Welsh Government takes £2m equity stake in Cornish tidal energy firm
Deals
Its investment will be deployed by Inyanga Marine Energy Group to test and deploy its tidal turbine technology off the coast of Anglesey
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Vodafone's chief financial officer Luka Mucic to quit the firm after just 18 months
By City AM
Luka Mucic will leave the FTSE 100 company "no later than" the spring of 2026, at which point he will have been chief financial officer for just over three years in total
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Palatine backs AI and data consultancy Atombit as it makes three acquisitions
Technology
Private equity firm vows to help new partner build 'world-class platform for growth'
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Robotics firm RoBAT snapped up by Swedish group
Technology
Bermans advises on Mycronic's deal for Macclesfield-based RoBAT
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Newcastle tech firm Ceto raises $4.8m to drive forward platform and create new jobs
Deals
Founder Tony Hildrew says the funding positions Ceto to deliver technology that sets a new standard for maritime operations
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From superyachts and software to cheese and eggs: 24 North West companies win King’s Awards for Enterprise
North West
Winners include a firm dedicated to supporting children's mental health as well as companies in the manufacturing and chemicals sectors
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Amazon's Q1 profits soar by 62%, but cloud growth concerns cause stock dip
By City AM
Amazon reported a 62 per cent increase in profit in the first quarter of 2025, but shares fell after the bell as a cautious second quarter outlook failed to impress Wall Street
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Apple's earnings surpass expectations with robust iPhone sales, but AI delays cause stock dip
By City AM
Apple edged out a narrow earnings beat late Thursday, as iPhone sales held up strongly ahead of new US tariffs. But concerns around AI delays and weakening services growth overshadowed the headline numbers.
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By City AMVodafone plunges to £3.8bn loss as German business continues to struggleThe telecoms giant posted a pre-tax loss of €1.4bn for the year to end March, compared to a profit of €1.6bn the previous year
By City AMVodafone plunges to £3.8bn loss as German business continues to struggleThe telecoms giant posted a pre-tax loss of €1.4bn for the year to end March, compared to a profit of €1.6bn the previous year
Swansea wifi provider set up with just £750 acquired in a multi-million-pound deal
Deals
Camping Connect has been acquired by leading European wifi and connected solutions firms Passman Group
Tyneside tech firm Aspire Technology Solutions awarded a Royal Warrant
Technology
The Gateshead business is one of just five from the North East to have secured the prestigious award
Deloitte creating 100 jobs with new technology centre in Manchester
North West
'Our investment will further support Greater Manchester’s ambition to be a leading digital and AI demonstrator region'
Microsoft is past its glory days and the stock is a sell, says º£½ÇÊÓƵ fund manager
By City AM
Liontrust's innovation fund team, which is made up of Clare Pleydell-Bouverie, Storm Uru, and Jamie Clark, told City AM that they sold out of the tech giant's shares in the fund's portfolio
Commercial PropertyHow Everton's new Hill Dickinson stadium is transforming Liverpool's waterfront – and what comes next at Nelson DockEverton stadium chief speaks to property world at giant º£½ÇÊÓƵREiiF summit in Leeds
Pub giant Greene King issues urgent plea to government after losing £150m
By City AM
The Suffolk-headquartered group fell to a pre-tax loss of £147.1m during its latest financial year, having posted a profit of £45.2m in 2023.
Lloyds Banking Group boss grilled over motor finance scandal
By City AM
Chief executive Charlie Nunn said the bank had not seen "evidence of harm" from its operation in the motor finance market, but had made provisions for a potential Supreme Court ruling
The new Welsh-based consultancy supporting firms to scale-up
Deals
Cardiff-based Tailwind has been launched by Nigel Griffiths, Angharad Neagle and Matthew Tossell
North East mayor aims to sell £14bn of investment opportunities in region
property news
Kim McGuinness has used the º£½ÇÊÓƵREiiF conference in Leeds to launch the North East Investment Prospectus
North WestNew £35m cement terminal set for Liverpool's Gladstone Dock aims to support region's growing construction sectorNew import facility designed to support building firms and help to reduce carbon emissions.
Keepmoat eyes 800 new homes across East Yorkshire as it contends with industry challenges
Housing
The developer says it has seen a shift in interest back to sites within commutable distance of offices following Covid-induced demand for more rural locations
Addington sells huge Leeds residential scheme in £27.6m deal
Deals
The five-building scheme was recently ranked as the best place to live in Leeds by HomeViews.
South West is ‘new frontier for º£½ÇÊÓƵ investment’ – region sets out its stall at property showcase º£½ÇÊÓƵREiiF
South West
Great South West chair says region needs to 'drag people past Bristol' to show what it has to offer
The new Welsh-based consultancy supporting firms to scale-up
Deals
Cardiff-based Tailwind has been launched by Nigel Griffiths, Angharad Neagle and Matthew Tossell