Coadec follows Silicon Valley Bank UK and goes for a new look June 12, 2023 On the day that Silicon Valley Bank UK traded in its old branding, the start-up group that helped save it from collapse in March has announced a refresh of its own.
London Tech Week: Sunak and Hunt’s charm offensive was no light touch June 12, 2023 Charlie Conchie, City A.M. investment editor, reflects on day one of London Tech Week. What’s a growth mindset and how can I get one? Solving the UK’s tech investment gap is not just tweaking rules and regulation, Chancellor Jeremy Hunt said yesterday, but also “looking at our mindset”. “That’s something I think we need everyone’s [...]
Oaknorth boss: Immigration barriers are threatening the UK’s fintech sector June 12, 2023 A lack of talent is threatening to choke off growth in UK fintech and ministers must do more to open up borders to workers, the boss of digital lender Oaknorth said today.
Rishi Sunak: ‘AI doesn’t respect national borders so Britain must lead on global safety’ June 12, 2023 Artificial intelligence (AI) “does not respect borders” and the UK must lead on drawing up global regulation for the technology, the Prime Minister, Rishi Sunak, said today. Speaking at London Tech Week this morning, Sunak warned that the adoption of AI would have an impact on employment akin to the “industrial revolution” and said its [...]
Andreessen Horowitz launches London crypto push with first international office June 12, 2023 Storied US venture capital firm Andreessen Horowitz has revealed plans for a major growth push in the UK today with a first international office in London and a crypto accelerator programme to take place next year.
HSBC launches ‘Innovation Banking’ division housing SVB’s former UK arm June 12, 2023 HSBC has revealed it will launch a new global “Innovation Banking” division today centred on the former UK arm of Silicon Valley Bank (SVB), which it rescued from collapse in March. SVB UK was snapped up for £1 in an eleventh hour deal by HSBC in March after being brought down by a run on [...]
Asian investors head to London as ministers look to lure in tech cash June 12, 2023 Asian investors are set to descend on London this week as the government tries to lure foreign cash to the UK in a post-Brexit investment offensive.
UK on course to dodge recession but ‘lacklustre’ growth will linger, KPMG says June 12, 2023 The UK will dodge a recession this year but a tight labour market and sticky inflation will choke off growth, according to the latest forecast from KPMG.
London Stock Exchange executive hits back at Euronext after IPO barbs June 11, 2023 A London Stock Exchange executive has hit back at the chief of the pan-European stock exchange after the Euronext boss claimed that the UK’s markets had lost their lustre on the international stage. Stephane Boujnah, the boss of the seven European exchanges competing with London, had claimed in an interview with The Sunday Times that [...]
Silicon Valley Bank UK set for London Tech Week charm offensive June 11, 2023 Four months ago, the name Silicon Valley Bank may have brought to mind sleepless nights and frantic calls for much of the tech industry - but now the bank is set to headline London Tech Week.