The US Federal Reserve saw a weakening labour market and then indicated a bias toward lowering rates in September. With deteriorating global economic prospects and stagflation fears in the UK, we identify Big Technologies, Craneware and Concurrent Technologies as defensively positioned UK smallcap technology stocks.

02 Sep 2025
UK smallcap technology - Time to turn defensive? - September 2025
Alfa Financial Software Holdings Plc (ALFA:LON), 230 | Insig AI PLC (INSG:LON), 23.0 | NCC Group plc (NCC:LON), 143 | Corero Network Security plc (CNS:LON), 11.0 | Microlise Group plc (SAAS:LON), 138 | Quartix Technologies PLC (QTX:LON), 303 | Big Technologies PLC (BIG:LON), 83.4 | Northcoders Group PLC (CODE:LON), 32.0 | SysGroup plc (SYS:LON), 16.5 | Team Internet Group plc (TIG:LON), 63.4 | Silver Bullet Data Services Group plc (SBDS:LON), 28.0 | Frontier Developments Plc (FDEV:LON), 429 | Devolver Digital, Inc. (DEVO:LON), 27.0 | Winking Studios Limited (WKS:LON), 15.5 | tinyBuild Inc. (TBLD:LON), 10.5 | Solid State plc (SOLI:LON), 165 | CyanConnode Holdings plc (CYAN:LON), 7.0

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UK smallcap technology - Time to turn defensive? - September 2025
Alfa Financial Software Holdings Plc (ALFA:LON), 230 | Insig AI PLC (INSG:LON), 23.0 | NCC Group plc (NCC:LON), 143 | Corero Network Security plc (CNS:LON), 11.0 | Microlise Group plc (SAAS:LON), 138 | Quartix Technologies PLC (QTX:LON), 303 | Big Technologies PLC (BIG:LON), 83.4 | Northcoders Group PLC (CODE:LON), 32.0 | SysGroup plc (SYS:LON), 16.5 | Team Internet Group plc (TIG:LON), 63.4 | Silver Bullet Data Services Group plc (SBDS:LON), 28.0 | Frontier Developments Plc (FDEV:LON), 429 | Devolver Digital, Inc. (DEVO:LON), 27.0 | Winking Studios Limited (WKS:LON), 15.5 | tinyBuild Inc. (TBLD:LON), 10.5 | Solid State plc (SOLI:LON), 165 | CyanConnode Holdings plc (CYAN:LON), 7.0
- Published:
02 Sep 2025 -
Author:
Bob Liao, CFA -
Pages:
5 -
The US Federal Reserve saw a weakening labour market and then indicated a bias toward lowering rates in September. With deteriorating global economic prospects and stagflation fears in the UK, we identify Big Technologies, Craneware and Concurrent Technologies as defensively positioned UK smallcap technology stocks.