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The Latest Breaking News on European tech

Research reveals number of small and micro businesses at risk of going bust in face of rocketing costs

The potential collapse of small businesses would represent a £12bn hit

The Independent UK

Around 630,000 small businesses at risk of going bust – research

The Venture Forward report, produced by GoDaddy, indicated that the potential collapse of these firms would represent a £12 billion hit.

The Independent UK

Data platform firm DiffusionData to open Newcastle office after securing £1m funding

The company has received funding from the North East Development Capital Fund

Birmingham Post

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read the most diverse news in one place.

People on the move: Top North East appointments and promotions

Firms and organisations making appointments this week include Muckle LLP, Land Digital and Opencast

Birmingham Post

Rix Group adds green energy installation specialist to portfolio in regional deal

J Foley Electrical to become Rix Energy Services with founder at the helm

Birmingham Post

Scottish hotel software firm secures international deals

The Edinburgh-based business has also signed a deal with Duncan Bannatyne's group

Insider UK

How 'apolitical' Western Youtubers help push Syrian propaganda

Their videos get huge amounts of clicks and profits on YouTube. And their vlogs show a Syria that has turned the page on years of civil war. But these so-called "apolitical" travel influencers are shown around the country by regime-sponsored guides that shape the narrative. One guide who appears in…

France 24

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Vulcan Completion Products looks to boost turnover and headcount

Aberdeenshire-based oil and gas completions business targets the US and Middle East as key growth markets

Insider UK

East Midlands tech start-ups on the rise

RSM says 'region has always benefitted from a thriving technology sector, particularly in fintech and medtech'

Birmingham Post

AAB makes first US acquisition

Business services group buys-out its American payroll partner

Insider UK

Electric Mobility Brand Ryvid Appoints Jonathan Spira As New CFO

Electric mobility startup Ryvid taps Jonathan Spira as its new Chief Financial Officer after receiving a $20M grant from the state of California.

RideApart

Revolut report shines spotlight on other London fintechs with missing accounts

While Revolut has its accounts finalised, the Evening Standard has found there are at least three other major London-based fintechs that still haven’t filed their annual report with Companies House

Evening Standard

Huboo cuts 60 Bristol jobs at fulfilment firm’s head office

The company said the redundancies were the result of ‘volatile stock markets and decreased consumer spending in the short-term’

Birmingham Post

Man files complaint accusing YouTube of harvesting UK children’s data

Duncan McCann’s complaint is first one alleging major tech firm has broken new code

The Guardian - UK

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The Guardian - UK

Fintech firm Revolut moves closer to UK banking licence after first annual profit

Company criticised for late filing of accounts made profit of £26.3m in year to December 2021

The Guardian - UK

The long term seems to be getting longer for online grocer Ocado

International adventures will be the crucial contributor but the UK operation is not irrelevant to the wider story

Birmingham Post

Leeds chosen to launch national fintech quango that aims to scale up firms

The Centre for Finance, Innovation and Technology (CFIT) is backed by £5.5m of Treasury and City of London Corporation funding

Insider UK

Scottish start-up numbers reach five-month high

Latest data shows Scotland also saw the sixth largest monthly increase among the nations and regions of the UK

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news in one place.

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Chronicle Live

Northumberland's gigafactory jobs needed 'as soon as possible' - reaction as Recharge Industries take over battery plant project

The takeover of Blyth Britishvolt project was confirmed on Monday morning

Birmingham Post

Gloucestershire firm appointed to £10bn public sector framework

Headquartered in Stonehouse, manufacturing firm Metek specialises in light steel framing for modular buildings

Insider UK

STAC partners Murphy Wealth to address funding gap for early stage tech start-ups

Internet of Things accelerator will open applications for its third cohort at the start of March

Insider UK

Seven companies chosen for latest CivTech accelerator

Tech solutions created for vulnerable people facing energy crisis, rural economy systems and protection of Scotland’s wildlife

Insider UK

Beeks reports rising revenue and profit

Interim results also reveal company headcount passing 100 during the period

Chronicle Live

New Britishvolt owners promise 'thousands of green jobs' in Northumberland

Australian firm Recharge Industries has bought Britishvolt after it ran out of cash and went into administration

Birmingham Post

Australian firm Recharge Industries finalises deal to buy Britishvolt

Britishvolt went into administration last month, leaving plans to create thousands of jobs in limbo

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