Fashion giant Zara holds a mirror up to retail disruption January 5, 2026 Zara is on a mission to be more digital. From AI generated models, to reduced production timelines, to a new AI-powered virtual try-on feature, the moves point to a wider shift within the sector. The Spanish retail giant has spent the last few weeks modernising its strategy, fully embracing AI adoption to cut costs and [...]
Industry boss slams Labour for lack of tech sector support January 5, 2026 The boss of the world’s biggest tech trade show yesterday took aim at the UK government’s support for tech startups, following a disappointing show of Brits at the annual tech conference. “The British presence has been spotty, which is surprising to me” compared to European rivals, announced Gary Shapiro, who has been with the CTA [...]
Auction Tech fends off 11 takeover bids from largest shareholder January 5, 2026 Digital marketplace Auction Technology Group has fended off 11 hostile takeover bids from its largest shareholder. The London-listed tech firm said on Monday it had dismissed the latest offer from investment giant FitzWalter Capital, which valued ATG at 360p per share. ATG said the bid – which was received on 23 December – “fundamentally undervalued” [...]
Used car marketplace Motorway takes out £25m loan after losses widen January 5, 2026 Motorway has agreed a fresh £25m loan after the online car marketplace reported widening losses. The London-based tech firm, which hit a valuation of over $1bn in a 2021 funding round, said it secured the loan one day before Christmas Eve, with £15m having already been drawn down by the end of the year. The [...]
Euan Blair edtech Multiverse laid off dozens more staff after losses widened January 5, 2026 An edtech firm founded by Tony Blair’s son Euan laid off dozens more staff after reporting widening losses, its latest accounts show. Multiverse, which was launched in 2016 and hit a valuation of £1.2bn in a 2022 funding round, said it made 55 payments for loss of office in the year to the end of [...]
Brits increasingly turning to ChatGPT for investment advice December 31, 2025 Far more UK savers are now turning to tools such as ChatGPT to help make investment decisions, new research shows. A survey of 1,000 adults by STRAT7 found that 55 per cent have used AI-powered platforms for financial guidance over the past year. On average, each user has invested around £2,350. Morning Wire reported in [...]
Visma IPO plans add to London’s late-year listings revival December 31, 2025 Norwegian software giant Visma is gearing up to be the latest boost to London’s stock market, as the City comes off its strongest year for IPO activity since 2021 following a late spurt of listings. London’s stock exchange welcomed 11 flotations this year, raising £1.9bn in total , more than double the proceeds of the [...]
AI use will set great companies apart from the rest in 2026, Dell boss predicts December 31, 2025 The use of AI will “start to be a defining factor that sets great companies apart from the rest”, the UK boss of Dell has predicted. Steve Young, the US giant’s UK senior vice president and managing director, said progress has “laid a strong foundation” but told Morning Wire that 2026 will be marked by [...]
AI needs to prove itself where it matters most December 31, 2025 People don’t step back from AI because they’re fearful of the technology itself. They step back when it doesn’t align with how their business actually works, writes Sage CEO Steve Hare. A few weeks ago, I spoke with a small business owner who had heard AI could help with her accounts. She wasn’t sure how. [...]
Waymo’s Black Mirror moment raises questions for London launch December 30, 2025 Waymo’s robotaxi fleet hit a high-profile snag last weekend, turning a San Francisco blackout into something out of a tech dystopia. A substation fire left a third of the city without power, traffic lights went dark, and Waymo’s autonomous cars, normally lauded for their ability to handle tricky intersections, stalled in droves. Videos across social [...]