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A vast proportion of the British crypto and blockchain industry remains shut out of traditional banking, despite the drive to establish the UK as a leading hub. The Treasury, Bank of England and the Financial Conduct Authority (FCA) have all, to varying degrees, acknowledged the UK’s leadership in digital finance and have expressed intentions that ...
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Tech Climbers has revealed its latest shortlist of the best performing product-led tech businesses in Greater Manchester that are making an impact. This week, the tech community gathered at the Cloud 23 cocktail bar in the heart of Manchester’s city centre as journalist Peter Stojanovic unveiled the 11 companies that made the official list and ... Read more ›
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The Office for Students (OfS), a public body within the Department for Education, has granted edtech unicorn Multiverse new powers in awarding degrees. The upskilling platform has been granted the power to award degrees within the Digital, Business and Administration standards. For Multiverse, this move will enable it to progress on its stated goal of ... Read more ›
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The British Business Bank has agreed to back a new biotech fund from SV Health Investors to the tune of $100m (£75m), the largest commitment in the bank’s history. The investment will back the SV8 Biotech Fund, a new flagship vehicle from SV Health Investors, one of the UK’s most prominent backers of the health ... Read more ›
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The Information Commissioner’s Office (ICO) has criticised the Home Office for failing to inform it about historical bias in the facial recognition algorithms used within the Police National Database. Last week the National Physical Laboratory published a report of its independent testing of facial recognition algorithms commissioned by the Home Office. In its report it ... Read more ›
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The Financial Conduct Authority (FCA) has announced a package of measures aimed at establishing a greater “investment culture” among UK consumers. In the government’s efforts to improve the UK public markets, it has noted that there is a significantly smaller investment culture in Britain than in the US, which it believes limits the availability of ... Read more ›
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Cases of fraud linked to open banking payments remain well below the wider industry average, despite the technology’s increased use and the rising rates of scams, new research has found. In its latest report on financial crime, Open Banking Limited (OBL) has found that fraud affecting open banking payments accounted for just 0.013% of transactions ... Read more ›
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ONEHEALTH, a new cross-border health tech project run by Catalyst has been launched, backed by €10m (£8.7m) in funding. Led by Northern Irish startup supporting non-profit Catalyst, ONEHEALTH will bring together research organisations from both sides of the Irish border to address critical public health challenges through the development of pioneering technology. With a focus ... Read more ›
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This week’s podcast guest is Catherine Lenson, chief operating officer of Phoenix Court, who discusses why well-defined corporate and investment culture supports a cohesive strategy, how different stages of investment come with drastically different needs and why sticking with a founder long-term is both rewarding and satisfying. Phoenix Court is a venture capital firm that ... Read more ›
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An international coalition of AI Safety Institutes coordinated by the UK is rebranding itself to reflect its focus on measurement and evaluation of AI models. The International Network of AI Safety Institutes, which includes Australia, Canada, the EU, France, Japan, Kenya, South Korea, Singapore, the UK and the US, will transition to the International Network ... Read more ›
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The British Business Bank has agreed to invest £30m to the Invest in Women Taskforce’s Women backing Women fund. The taskforce was formed following the landmark Rose Review, which found that putting serious funding behind women entrepreneurs could not only help reduce the inequality female founders face, but also add significantly to the UK economy. ... Read more ›
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13.12.2025 06:04
Last update: 05:45 EDT.
News rating updated: 12:50.
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