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Medium sized firms weathering inflation rises  

Revenue for medium sized businesses increased by 12 per cent in 2022 with financial services companies in London increasing revenue by 47 per cent

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UK tech could be worth $4 trillion within decade

Tech Nation says that UK technology companies will be worth $2.6tr if they keep on current trajectory but could hit $4 trillion with Government and investor support

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HSBC buys SVB UK, saving thousands of firms

HSBC buys stricken SVB UK for symbolic £1, saving thousands of UK technology businesses from financial turmoil

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Government to invest £250m into AI

Rishi Sunak believes AI is having as big an effect as the Industrial Revolution

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UK’s fastest growing companies revealed  

The seventh annual FT1000 rankings is based on revenue growth in the three years to 2021

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New fintech body eyes pension-backed growth fund 

Economic minister says Government-backed national fintech hub will help UK become a ‘technology and science superpower’

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British Business Bank wants to back more scale-ups 

The bank’s new chief executive says he would like to see the bank plug a funding gap for scale-ups looking for £50m and more

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Space tech start-ups see number of deals rocket by 50% 

The private space industry attracted $8.9bn in 2022, the second highest annual investment on record

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British Business Bank wants to back more scale-ups 

The bank’s new chief executive says he would like to see the bank plug a funding gap for scale-ups looking for £50m and more

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Space tech start-ups see number of deals rocket by 50% 

The private space industry attracted $8.9bn in 2022, the second highest annual investment on record

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More VC funding going to female founders  

Twenty-seven per cent of equity deals in the UK last year went to female founded or co-founded businesses

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Government revives Oxford-Cambridge tech hub

Sunak backs plan with £2.5m to develop ‘UK Silicon Valley’ based on the Oxford-Cambridge Arc

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UK seeing exodus of R&D activity

Blow to Government ‘science superpower’ dream as 70% of firms plan to move research & development abroad this year

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Government to hold a scale-up summit this year

Grant Shapps tells business leaders in Davos he wants UK businesses to ‘grow and mature into world-beaters’

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