Arrival slams brakes on electric bus and car trials – report
British EV startup Arrival is delaying trials of its electric bus and car to prioritise the rollout of its van, according to reports. The Financial...
Category : Need to Know
Gilead Sciences acquires Oxford spinout MiroBio for £334m
US biopharmaceutical company Gilead Sciences is acquiring Oxford-based biotech startup MiroBio in a cash deal valued at approximately $405m (£333.9m). Spun out of the University...
Amazon to create 4,000 UK jobs despite market slowdown
Internet giant Amazon has said it will create 4,000 new permanent jobs in the UK, bucking the trend of job cuts among some of the...
London-based startup Nothing launches Phone (1) to take on Apple
British consumer tech company Nothing has launched its first smartphone, the “Phone (1)”, at an event in King’s Cross, London, as it looks to take...
Virgin Orbit to launch its first UK satellite from Cornwall
Richard Branson’s satellite launch company Virgin Orbit has said it will have its first international launch from Spaceport Cornwall later this year. The launch will...
Sadiq Khan courts Silicon Valley for London tech investment
Mayor of London Sadiq Khan has begun a tour of the US aimed at attracting international investment into the capital, including a trip to Silicon...
Glasgow to home £30m tech hub for spinouts and startups
Bruntwood SciTech today has acquired Glasgow’s Met Tower from Osborne & Co for £16.2m to covert it into a new Glasgow hub for tech and...
R&D tax credits: UK government ‘needs to be more ambitious’
Figures in the UK tech industry have called on the government to go further and faster with its proposed reform of R&D tax credits, announced...
UK tech industry valued at $1tn, becoming third country to hit milestone
The UK tech industry is now valued at $1tn (£764bn), a landmark milestone that has previously only been reached by the US and China. The...
Payroll firms criticise chancellor’s software ‘excuse’ for National Insurance delay
Payroll software companies have hit back at Chancellor Rishi Sunak for appearing to blame them for delaying the increase to the National Insurance threshold until...
