Indian billionaire joins BT board following £3.2bn deal. Founder of Bharti Enterprises took 24.5% stake last year but claimed it is not targeting full takeover of telecoms giant.
Pets at Home CEO steps down as company issues profit warning. Lyssa McGowan, who was recognised in the King’s Birthday Honours, leaves retail giant immediately as it lowers expected profit to £90m-100m.
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ASOS relegated from FTSE 250 as Burberry rejoins FTSE 100. Movers & shakers in London Stock Exchange indices as Pinewood Technologies wins promotion – but it’s bad news for Taylor Wimpey & Unite Group.
UK & US to sign multi-billion-dollar tech deal during Trump visit this week. Inward investment from US financial giants to create 1,800 jobs across London, Edinburgh, Belfast and Manchester, according to Government.
NVIDIA boss Jensen Huang confirms £500m investment in Nscale. CEO of chip-making giant announces funding for UK firm at London conference and his company will also commit £11bn to local data centres.
Salesforce to invest $6bn as it makes UK its European AI hub. CRM giant says it will fulfill commitment, which could generate $41bn and over 500,000 jobs, by end of decade.
Microsoft to invest $30bn in UK to ‘power AI future’. Marks tech giant’s largest financial commitment in UK to date and will expand data centre footprint as well as wider operations.
Tech Prosperity Deal? It’s just ‘sloppy seconds from Silicon Valley’. Deal announced by Keir Starmer & Donald Trump hailed by Ministers – but former Meta exec & ex-deputy PM Nick Clegg has a different view.
Tech Nation reveals 25 companies joining latest Future Fifty. New cohort of high-growth scaleups has raised more than £1.4bn and employs over 2,100 people, with 92% already expanding internationally.
From Nothing to unicorn: UK firm valued at £1bn by £150m raise. London-based independent smartphone company sees round led by Tiger Global & will now evolve to AI-native platform.
Sainsbury’s terminates Argos sale talks with $49bn firm. Listed supermarket group only confirmed talks with JD.com on Saturday, but by Sunday had notified the London Stock Exchange of their failure.
THG Fulfil launches Checkout, giving access to 200 markets. Manchester-based fulfilment and courier management division of THG Ingenuity launches CaaS platform to help brands tackle commerce challenges.