UK firms

Jonathan Reynolds says debate about returning to the EU creates uncertainty for business, according to Politico Europe. The remark, picked up by UA.NEWS, comes as discussion over Britain's future relationship with the EU resurfaces. Reynolds argues that reopening questions about membership unsettles firms that need stable, predictable trading conditions to plan and invest.

A filing shows ByteDance, TikTok's Chinese parent company, gained access to more than 2,000 Nvidia B200 AI chips through Nscale's data center in Norway. The filing also reveals that a Singaporean subsidiary, Spring, contributed 73 percent of the UK neocloud's 2025 revenue. The arrangement raises questions about how Chinese firms access advanced US chips despite export controls.

Security firm ESET reports that 49% of UK small and medium-sized businesses have suffered a cyber breach, with security experts outlining practical measures companies can take to reduce risk. The findings highlight growing concern that smaller firms remain underprepared for cyberattacks despite rising threats, prompting calls for better basic protections such as staff training and stronger access controls.

British data centre startup Nscale is preparing a New York IPO valued at around $35 billion, with law firms Latham & Watkins and Milbank leading on the deal. The listing would rank among the largest offerings from a UK-founded tech company on US markets, underlining the growing investor interest in data centre infrastructure driven by artificial intelligence demand.

High-profile British creators have successfully pushed back against AI industry lobbying over the use of copyrighted works, a campaign now being studied as Australia weighs its own copyright reforms. Observers say the UK experience shows how artists' collective pressure can shape rules governing AI training on creative work, as Australian policymakers face similar demands from both creators and technology firms.