Jen Tippin appointed as Group CEO of Bristol-based pension software and technology provider Procentia
Procentia, a provider of pension administration software and technology, has announced the appointment of Jen Tippin as group CEO. Tippin will join the company at the beginning of September, succeeding Liam McGrath, who is scheduled to step down at the end of June. Tippin most recently held the position of Group COO at NatWest Group. […]
Meta and Microsoft to reduce workforce amid artificial intelligence investment
Meta and Microsoft, which both have UK bases in London, have disclosed plans to reduce their headcounts by several thousand positions as the organisations increase investment in artificial intelligence to support future growth. Meta, the parent company of Facebook and Instagram, intends to cut approximately 8,000 jobs, representing 10 per cent of its staff, to […]
Bristol flying taxi firm nears £640m deal to launch commercial flights
A Bristol company developing a ‘flying taxi’ is close to securing a £640,000,000 deal that will help it launch its first commercial flight. Vertical Aerospace was set up by Ovo Energy boss Stephen Fitzpatrick a decade ago and is based on Chapel St in the city. The business, which is listed on the New York […]
40 local businesses seek £200 million investment at Bristol investor showcase
Forty businesses from the South West and Wales met in Bristol last week to seek £200 million in investment at a flagship event hosted by the British Business Bank. The Investor Roadshow at City Hall involved businesses presenting directly to a panel of investors, venture capital firms and industry figures. The participants included businesses from […]
Bristol cyber apprentices complete international defence exercise
A team of cyber apprentices based in Bristol has participated in their first international cybersecurity exercise. The group from Leonardo took part in Defence Cyber Marvel, which is the largest multinational cyber challenge of its kind, coordinated by the UK Ministry of Defence. During the week-long event, eleven apprentices from the company’s Cyber and Security […]
London-based start-up Olix selects Bristol for its new engineering facility
Bristol is strengthening its position as an international artificial intelligence hub following an investment from a second major chip firm this week. London-based start-up Olix has confirmed plans to expand its presence in the city after raising £160 million in a new funding round. The announcement follows a £100 million investment by fellow chip firm […]
Digital Catapult opens new office at Bristol and Bath Science Park
Digital Catapult, an organisation focused on deep tech innovation, has established a new office to serve South Gloucestershire, Bristol and Bath. This permanent base is situated at the Bristol & Bath Science Park and is intended to support the company’s long-term work across the South West of England and Wales. The move is part of […]
Verdane takes majority stake in Bristol tech firm Smartbox
Investment firm Verdane has acquired a majority stake in Bristol-based Smartbox in a move intended to increase international access to Augmentative and Alternative Communication (AAC) technology. This technology assists individuals who experience difficulties with writing or speech. Headquartered in Bristol and Malvern, Smartbox creates software and hardware solutions designed to provide a voice to disabled […]
Made Tech reports strong half-year results for 2026
Made Tech, a provider of digital, data and technology services to the UK public sector, has reported that the first half of 2026 was a strong period for both revenue and adjusted EBITDA. The company maintains operational bases in London, Manchester, Bristol and Swansea. In a trading update, the group stated that revenue for the […]
Bristol hardware for software specialist, Exacta Technologies, eyes £21M turnover
Exacta Technologies, a Bristol-based custom hardware and server specialist, has increased revenue by nearly 25 per cent following a period of growth during the first half as it targets a £20 million turnover by the end of the year. The manufacturer, which builds bespoke high-performance servers, has also expanded its workforce by 31 per cent, […]