
London’s tech scene has gone through a lot of turmoil since the start of the year. Scores of firms, from social media giant Meta to data firm Palantir, have cut or are planning to cut jobs amid a softening in consumer demand and a slowdown in business investment.
Others such as fintech Revolut and meal-kit delivery service Gousto have seen their valuations slashed, while many start-ups say they struggle to access funding.