UK data centre spend to soar to £10 billion a year - Barbour ABI

Cables and computers are seen inside a data centre at an office in the heart of the financial district in London, Britain May 15, 2017. REUTERS/Dylan Martinez

LONDON (Reuters) -Spending on new UK data centres is set to rise to 10 billion pounds a year by 2029, a more than five-fold increase from 2024, analysis by construction data firm Barbour ABI has found.

A total of 1.75 billion pounds was spent on data centres in the UK last year, with 2.38 billion forecast to be spent in 2025.