Chancellor hails London tech success as capital beats European competitors again September 20, 2021 Chancellor Rishi Sunak today hailed London’s bounce back from the pandemic as new figures show the capital is sprinting ahead of rival European tech hubs. London has attracted more venture capital investment to its startups than anywhere else in Europe and now boasts more unicorns – firms valued at more than $1bn – than France [...]
UK tech: Record raise of £13.5bn pushes number of British unicorns to 105 September 20, 2021 The UK tech sector raised £13.5bn in the first six months of this year, almost three times more than the same period a year ago, according to new data. As a result, the number of British unicorns has jumped to 105. Companies including fintech giant Revolut, online video conference business Hopin and online car sales [...]
Exclusive: London’s first ever data charter launched September 20, 2021 One of London’s leading business associations has today launched the capital’s first ever Data Charter to help businesses tackle some of the biggest challenges facing the city. Drawn up by law firm Pinsent Masons for London First, the charter provides a framework for private and public companies across the city to collaborate and share data. [...]
Sir Clive Sinclair: Inventor behind the home computer and pocket calculator dies September 17, 2021 Inventor Sir Clive Sinclair – the man behind the home computer and the pocket calculator – has died at the age of 81. The computing pioneer passed away at his London home yesterday morning, according to his daughter Belinda Sinclair. Sinclair, known for his ZX models, received a tribute from Tesla and SpaceX boss [...]
Golden year for startups: London may be heading for a post-pandemic unicorn boom September 15, 2021 The last 15 months has provided every aspect of society with an unprecedented challenge, not least to small firms and founders. The response of this section of business, however, has been nothing short of inspiring, with nearly 800,000 new firms incorporated in 2020. The response of the investors who back them has been equally stirring, [...]
Apple’s new iPhone 13: Faster chips, sharper cameras and 5G September 15, 2021 Apple unveiled the iPhone 13 and a new iPad mini last night, expanding 5G connectivity and showing off faster chips and sharper cameras without raising the phone’s price. To encourage trade-ins, participating wireless carriers are offering incentives that could make a new phone free. Watch the full report.
Exclusive: UK fraud is big business at £52bn each year, says financial crime guru September 15, 2021 Financial crime, fraud and hacking soared during the pandemic as criminals took advantage of behavioural changes during three strict lockdowns. In fact, fraud and cybercrime jumped by nearly a third in the last twelve months. Time for Morning Wire to catch up with financial crime guru Richard Wood, a former Morgan Stanley fraud manager who [...]
Despite new iPhone 13 release, Apple shares could be in for a another drop September 15, 2021 As Apple released the new iPhone 13 and other new products, O’Neil Global Advisors’ Randy Watts explains why and what could push Apple shares lower. Watch the full report.
Darktrace hikes revenue forecasts after punchy start to listed life September 15, 2021 Cybersecurity firm Darktrace this morning hiked its revenue forecasts for 2022 as it made a strong start to life as a listed company. The company said that it expected revenue growth of 35 to 37 per cent next financial year, the second time in recent months that it has upped its predictions. The confident outlook [...]
Apple shares unmoved by release of new iPhone 13 September 15, 2021 Apple unveiled its fresh iPhone models last night, which mirror last year’s editions and left its share price unmoved. The technology giant’s shares dipped 0.96 per cent to 148.12 cents a share by market close yesterday. It’s share price closed at 149.55 cents a share the day prior to the release. Similar to last year’s [...]