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The AI memory squeeze is about to hit Europe’s shopping baskets

The AI memory squeeze has been an industry story for months. Now it is heading for the till. Currys, Britain’s biggest consumer electricals retailer, has warned that phones, laptops and TVs will cost more later this year. Chief executive Alex Baldock delivered the warning to reporters after the company posted its annual results, as Reuters […]

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The Brexit bill comes due: ten years, seven prime ministers, and an economy 6% smaller than it should be

Ten years ago today, 52% of the British electorate voted to leave the European Union. The decade that followed delivered seven prime ministers, a permanently weakened currency, and an economy that a landmark study now estimates is between 6% and 8% smaller than it would have been had the country voted to remain. On Monday, […]

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Astral Systems raises £23M to make cancer isotopes by fusion

Bristol fusion startup Astral Systems has raised £23mn to scale the medical isotopes that cancer scans depend on. The Astral Systems £23M round backs a rare fusion company that already runs reactors and earns revenue. Most fusion companies promise clean power in a decade or two. Astral Systems is trying something different, and getting paid […]

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UK weighs forcing social media platforms to surface trusted news

Ministers are considering rules that would make BBC, ITV, and Channel 4 content easier to find on Facebook, YouTube, and TikTok, as more Britons get their news from feeds. Britain’s culture department said on Monday that it is considering requiring social media platforms to make content from public service media and other trusted news providers […]

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The Bank of England backs down on its toughest stablecoin rules

When the Bank of England first sketched out how it would regulate stablecoins, the industry read the draft and recoiled. Caps on how much any one person could hold, conservative rules on what the coins could be backed by: critics said the regime would make real-world use almost impossible and send, in the words of […]

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The UK’s top data and AI regulator has quit, a first in the office’s 40-year history

The UK’s top data and AI regulator has resigned. It is the first time it has ever happened. John Edwards stepped down as information commissioner on Friday, with immediate effect. His exit followed a months-long workplace investigation. He said his position had become “untenable”. What he admitted Edwards was careful in his statement, posted on […]

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He spent 15 months hunting for compliance software that didn’t exist. So he built Flagright, which just raised $12.5M.

Baran Ozkan spent 15 months looking for software that did not exist. As head of financial-crime product at a European bank, he wanted a single tool to catch money laundering and fraud. Vendors overpromised. His own employer tried to build one in-house and failed. So he built it himself. His startup, Flagright, has now raised […]

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Tesco is migrating 40,000 servers off VMware and suing Broadcom for over GBP 100 million

Tesco, one of Britain’s largest supermarkets, is migrating approximately 40,000 servers away from VMware. It is also suing Broadcom in the UK High Court for more than GBP 100 million, accusing the company of “abusive conduct.” It is one of the largest publicly disclosed VMware migrations since Broadcom completed its acquisition of VMware in late […]

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Britain lobbied Trump for an exemption from the Anthropic AI ban. The answer was no.

Sir Keir Starmer’s government spent the weekend lobbying the White House to restore British access to Anthropic’s most capable AI models. A source close to President Trump told The Telegraph there was “zero chance” of a UK carve-out. The rejection lands as Starmer meets Trump at the G7 summit in Évian-les-Bains, where the ban is […]

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SAP just funded a startup built to help its own customers escape SAP

There is an unglamorous deadline bearing down on corporate IT, and it has just produced one of London’s more interesting AI raises. Conduct, a 35-person startup founded by three former Palantir engineers, has raised a $60mn Series A co-led by Index Ventures and ICONIQ, with SAP itself investing. The round takes its total funding to […]

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