Government hails £6.3bn ‘vote of confidence’ in UK data centres Tech Keir Starmer’s government hailed billions of pounds of investment into UK data centres as a “vote of confidence in Britain” today, as ministers announced scores of deals during the flagship International Investment Summit. US firms Cyrusone, Cloud HQ, Coreweave and Servicenow revealed plans to inject a combined £6.3bn in funding into the UK’s data centre [...]
UK government says data centres are now Critical National Infrastructure Tech The UK government has officially designated data centres as Critical National Infrastructure (CNI), as it looks to further boost investment in the UK’s critical hubs of digital information. With this new status, data centres will receive extra government support to protect crucial data, including NHS records, financial information, and personal smartphone data against major incidents [...]
University chief says £12,500 fees needed to support higher eduction sector Politics A London vice-chancellor has suggested universities could need tuition fees of £12,500 to address the sector’s financial woes. Professor Shitij Kapur, the vice-chancellor and president of King’s College London (KCL), has said the “number to ask for” was between £12,000 and £13,000 – but warned institutions risked looking “out of touch” if they requested the [...]
HSBC: UK’s AI startups on track to raise record-breaking £3.4bn this year July 16, 2024 The UK continues to be the premier European hub for startup innovation and investment, outpacing France and Germany combined in the first half of 2024.
Election 2024: Labour will be ‘partner’ not ‘barrier’ to innovation June 11, 2024 A Labour government will be a “partner that can unlock potential”, not a “barrier” to innovation, shadow minister Peter Kyle has pledged.