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City

US buy now, pay later giant Affirm launches in the UK

A US buy now, pay later giant run by a co-founder of PayPal has launched in the UK, as its boss sets his sights on the market led by brands like Klarna and ClearPay. Affirm, which was founded in 2012 by Max Levchin, will start offering its credit ...

04 Nov 2024 at 00:01

Ex-cybersecurity boss joins red benches to become investment minister

The former boss of cybersecurity firm Darktrace has taken her seat in the House of Lords, enabling her to become investment minister in Sir Keir Starmer’s Government. The appointment of Baroness Poppy Gustafsson to the Labour frontbench was ...

18 Nov 2024 at 15:34

City

Darktrace shares surge after probe into finances closes

Shares in cyber security firm Darktrace have surged after it said a probe into its finances has closed, and as it reported a jump in customers amid the evolving “ChatGPT era”. The FTSE 250-listed firm told investors that the independent ...

18 Jul 2023 at 12:15

City

Darktrace chief steps down ahead of £4.3bn private equity takeover

Poppy Gustafsson has stepped down as the boss of Darktrace ahead of the takeover of the UK cybersecurity firm. Ms Gustafsson, who co-founded the business in 2013, will be replaced as chief executive by Jill Popelka, the company said. ...

06 Sept 2024 at 09:06

AI Safety Summit discussions not focused on killer robots, says Darktrace boss

The discussions between experts at the AI Safety Summit have avoided killer robot concerns and been more “measured” than expected, one delegate has said. Poppy Gustafsson, chief executive of AI cyber security firm Darktrace, said ...

01 Nov 2023 at 15:34

Battery storage sites deemed ‘formidable’ for Scotland’s energy future

An £800 million deal which will create two further battery energy storage sites in Scotland – each of which are the largest in Europe – has been hailed as “formidable” by First Minister John Swinney. Investment fund manager ...

08 Jan 2025 at 13:08

City

Poppy Gustafsson ‘set to resign’ as investment minister

UK investment minister Baroness Poppy Gustafsson is reportedly stepping down less than a year after the former boss of cyber security firm Darktrace was appointed to the role. Baroness Gustafsson is understood to be ...

05 Sept 2025 at 15:01

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