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Tech

Octopus Energy spins off Kraken as it looks to 'accelerate the energy transition'
By City AM
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"
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Fintel hints at further acquisitions amid boosted revenue and earnings
Company Results
CEO Matt Timmins said the group business has made strides in moving towards a model that relies on software, data, and recurring revenue
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Dozens of jobs lost as Hull construction firm goes into administration
Insolvency and Administration
Kingston Modular Systems had been looking for fresh investment after it ran into financial difficulties
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Nvidia to invest £11bn in º£½ÇÊÓƵ AI with Europe's largest GPU cluster by 2026
By City AM
The investment, unveiled late on Tuesday and timed to coincide with President Donald Trump's state visit to the º£½ÇÊÓƵ, is set to strengthen Britain's position in the global AI arms race.
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Why digital bank Zopa chose Manchester for its new base– and why it could create hundreds of new jobs
Finance
Zopa CEO says 'availability of tech talent' helped clinch bank's Manchester investment
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Sky plans to cut 600 jobs including workers in Leeds
Technology
The media giant wants to focus on existing technology platforms
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Bristol vaccine technology start-up named best healthtech company in º£½ÇÊÓƵ
Technology
Ensilitech was recognised at the º£½ÇÊÓƵ Startup Awards 2025
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Google to invest £5bn in º£½ÇÊÓƵ as it opens first data centre in Waltham Cross
By City AM
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 jobs
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Huge drone factory opens in Swindon in boost for º£½ÇÊÓƵ
Technology
Tekever, one of Europe's leading companies in the manufacture of drones, says the site will create hundreds of jobs
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British Steel welcomes more than 50 new apprentices
Tech
The new starters will work at the firm's manufacturing headquarters in Scunthorpe, as well as at its operations on Teesside
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Nvidia and OpenAI chiefs to join Trump in º£½ÇÊÓƵ as questions mount over tech partnership
By City AM
Nvidia's Jensen Huang and OpenAI's Sam Altman will travel with Trump when he arrives on Wednesday, and Apple boss Tim Cook has also been invited to attend a state banquet hosted by King Charles, Sky News has reported.
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Baltic Ventures backs 10 ‘mission-driven’ tech firms in areas from climate to property
Technology
Latest Accelerator round announced as syndicate praises Liverpool's tech strengths
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Tesco Mobile returns to profit in 2024 'thanks to Samsung Galaxy'
By City AM
The provider, which is a joint venture between supermarket giant Tesco and Virgin Media 02, has posted a pre-tax profit of 1.2m for the year
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Accountancy automation venture Bots for That eyeing growth on seven-figure equity investment
Tech
It has been backed by the equity element of the British Business Bank's £130m Investment Fund for Wales
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FinTech Wales reveals new chief executive
Tech
Sarah Jones take up the top role from chief marketing officer
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Leading Welsh tech firm IQE could be sold
Technology
It comes as IQE has confirmed a tough trading position in an update to the City
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Opinion: Upping the pace of AI adoption is critical to the North's economic growth
Opinion
Liz Scott MBE, executive director at the Turing Innovation Catalyst Manchester, on the North's tech landscape
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Tech firm launches new Birmingham HQ
West Midlands
TXP says it plans to create 100 new jobs in the region over the next three years
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Uber warns of threat to º£½ÇÊÓƵ profitability despite record breaking 1bn surge in sales
By City AM
The giant ride-hailing and food delivery company said it may need to 'increase revenue substantially to achieve profitability' in the º£½ÇÊÓƵ
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Tech company helping people with musculoskeletal conditions secures investment
Technology
Good Boost primarily works with community and leisure centres across Bristol and the º£½ÇÊÓƵ
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Sheffield technology firm MOPO boosted by Norwegian investment
Technology
The company has secured a £5m investment from Norfund, which is backed by the Norwegian government
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Bristol quantum computing company secures $34m
Technology
The business was spun out of UCL and Bristol University in 2019 and also has an offices in London and Washington DC
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Sainsbury’s to use facial recognition technology in shops
Retail & High Street
The supermarket said the move is part of efforts to identify shoplifters and curb a sharp increase in retail crime
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Spotify º£½ÇÊÓƵ boosts job creation following significant workforce reductions
By City AM
The division of the Swedish audio streaming giant cut its workforce from 1,039 employees during its latest financial year, according to new accounts filed with Companies House.
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