British Land inks deal with King’s College London for new tech centre in Canada Water July 8, 2024 AustralianSuper, which manages over £170bn in assets, has invested some £8bn into the UK since 2016, with holdings of around £2.5bn in UK listed equities, according to the Treasury.
Profits fell at green tech start-up Myenergi ahead of major job losses February 12, 2024 Profits were cut at smart home start-up Myenergi ahead of the HSBC-backed company slashing more than 100 jobs, it has been confirmed.
Why British investors are pouring into US tech funds this year June 14, 2023 British do-it-yourself investors are pouring back into tech funds this year in a bid to cash in on a tech-fuelled market rally in the US and Asia.
In a global tech downturn, startups have a mountain to climb April 21, 2023 Tech startups in the UK have had a rocky time. London faces competition from US and European markets, and there are still struggles with raising funds. But those who survive could emerge more resilient, writes Russ Shaw
Why London shouldn’t chase Silicon Valley in the global tech race: James Wise July 4, 2024 Every week, Charlie Conchie sits down with the biggest names in financial services, tech and fintech. This week, its venture capital investor and author James Wise.
Lloyd’s Lab Central Fund boosts tech firms Axio and REOR20 February 12, 2024 Lloyd’s of London has named the two companies receiving the first investments from its Central Fund private markets allocation.
Advanced Medical Solutions: Strong US sales boosts revenue for wound-closure tech firm July 15, 2024 Advanced Medical Solutions (AMS) has announced a 10 per cent revenue hike for the first half of 2024 after sales for wound-closure tech in the United States took off. The company, which develops and manufactures tissue-healing technology, announced first-half revenue of £68m. Based on these numbers, the firm said it expected to report adjusted profit [...]
Weir Group wins £53m Pakistan copper mining tech contract from Barrick August 20, 2024 Mining specialist Weir Group has won a £53m contract for the Reko Diq copper-gold project, a 50 per cent owned greenfield development by Barrick. Located in Pakistan’s province of Balochistan, the copper project is targeting first production in 2028 with an estimated mine life of over 40 years. During the first phase of the project, [...]
AI: ‘Doom mongering’ Bletchley Declaration slammed by tech experts for lack of scope November 1, 2023 The Bletchley Declaration on AI safety announced today has been labelled as "doom mongering" and limited in scope by tech experts.
Tech darling Nvidia’s earnings a litmus test for AI-driven market frenzy February 19, 2024 In the realm of technology and finance, all eyes are currently fixed on Nvidia's earnings reports scheduled for release on Wednesday, February 21st.