Manchester AI Firm Summize Secures £40m Funding

Manchester-based AI tech company Summize, which works with major US sports teams, has completed a £40m funding round to fuel its global growth ambitions, backed by Maven Capital Partners and new investors.

Bristol Firm Gets £500k for Light-Speed Data Tech

Duality Quantum Photonics, a Bristol-based company developing technology that transmits data at light speed, has secured £500,000 funding from SWIG Finance to expand operations and advance quantum computing research.

£900 Pay Rise for UK Workers from April

Millions of UK workers will receive a 4% pay increase from April, boosting the National Living Wage to £12.71 per hour and providing an average £900 annual uplift.

Quorum Technology Acquired by Norwegian Firm Volue

County Durham IT infrastructure firm Quorum Technology has been acquired by Norwegian energy transition specialist Volue in a deal expected to boost recruitment and accelerate growth in the UK energy sector.

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