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UKTN @ UK Tech News · 05/02/2025 05:00 EDT

Tech Climbers unveils its Liverpool City Region 2025 list

Tech Climbers, has revealed its latest shortlist of the best performing product led tech businesses that are making an impact. View the Liverpool 2025 Tech Climbers list here. BBC presenter and award-winning entrepreneur, Sonya Barlow, announced the 2025 list of Liverpool City Region’s Tech Climbers on Wednesday 30 April to a sold-out room of the ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 05/02/2025 04:43 EDT

Harrods becomes latest victim in retail cyber attacks

Department store Harrods has become the latest UK retailer to fall victim to a targeted cyber attack. The luxury London store was forced to close a selection of its IT systems after an attempted cyber breach from hackers.   “We recently experienced attempts to gain unauthorised access to some of our systems,” Harrods said in ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 05/01/2025 09:00 EDT

Supermarket cyber-attacks highlight vulnerability of legacy systems 

Recent cyber-attacks against major UK retailers have revealed the scale of vulnerability in legacy IT systems that run the country’s most vital services.  In quick succession both Co-op and Marks & Spencer faced disruption to their IT systems because of targeted attacks.  M&S was forced to suspend online sales – which net the business on ... Read more

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UK Tech News
Julie Dawson @ UK Tech News · 05/01/2025 06:00 EDT

Age assurance has become a non-negotiable

Big news for anyone running an online platform: last week, Ofcom published its long-awaited Protection of Children Codes of Practice under the Online Safety Act. With children’s online engagement at an all-time high, the new rules set out over 40 practical measures that digital services must implement – including filtering harmful content, enforcing highly effective ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 05/01/2025 05:01 EDT

Cheshire startup using AI to speed up cancer diagnoses secures new investment 

A Cheshire-based startup developing an AI platform for the rapid diagnosis of cancer has secured a £425,000 investment.  Spotlight Pathology said the capital injection – which is part of a planned £1.1m round it aims to close mid-year – would allow it to finish the development of its blood cancer diagnostic platform as it seeks ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 05/01/2025 04:00 EDT

AI defence startup from ex-Army officer raises £9m 

Arondite, an AI-defence tech startup founded by a former British Army officer, has raised $12m (£9m).  The company is building an AI system to connect the various hardware systems from disparate manufacturers deployed by militaries.  Described by the startup as a “connective tissue” for various defence and security systems, the software platform helps operators control ... Read more

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UK Tech News
Jessica Nangle @ UK Tech News · 04/30/2025 11:48 EDT

Digital Poverty Alliance launches NHS sector inquiry

The Digital Poverty Alliance (DPA) has launched an inquiry into digital inclusion in the healthcare sector amid government announcements to allocate billions to digital transformation. With the NHS undergoing digital transformation under the current administration’s new ten-year plan, the inquiry seeks to understand how this shift is impacting patients and clinicians, particularly those most at ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 04/30/2025 10:09 EDT

UK tech incorporations decline amid global uncertainty

UK tech incorporations fell at the start of the year amid tariff disruptions and economic uncertainty, new figures have revealed.  Approximately 12,184 new tech companies were incorporated in Britain in the first quarter of 2025, 12% less than the same period the previous year according to analysis from tax and consulting firm RSM.  The drop ... Read more

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UK Tech News
Russ Shaw @ UK Tech News · 04/30/2025 09:25 EDT

The next five years: What will it take to keep the UK at the top of global fintech?

It was good to be back at the Innovate Finance Global Summit, UK Fintech’s Week flagship event, this week. Throughout the panel sessions and conversations with audience members – including founders, investors and policymakers – ran a distinct buzz of excitement about the current state of UK fintech. There’s no doubt that fintech is enjoying ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 04/30/2025 06:27 EDT

Argo Blockchain suspends shares amid accounting delays 

London-listed crypto mining company Argo Blockchain has been forced to request a suspension of trading of its public shares following delays in the release of its accounts.  The company announced today that it would be unable to meet the deadline for releasing its results required by the UK public listing regime.  Under UK law, the ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 04/30/2025 05:49 EDT

Ex-Googler launches startup to stop scams before they happen 

A cybersecurity startup founded by former Google engineer Joe Tallett that claims to be able to stop scams before they happen, has emerged from stealth with a £350,000 investment.  AVIEL Intelligence, which also includes executive alums from what3words, provides banks and payment firms with an intelligence engine that it claims can identify scam networks and ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 04/30/2025 04:49 EDT

First of its kind semiconductor facility opens in Southampton 

A new semiconductor facility has opened in Southampton, becoming the first electron beam lithography site in Europe.  Electron beam lithography is an advanced process for carving complex patterns into incredibly small microchips with a high level of accuracy.  Opened on Wednesday at the University of Southampton, the new facility is just the second in the world, ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 04/29/2025 11:35 EDT

Chancellor unveils new cryptoasset legislation

Chancellor Rachel Reeves has revealed plans to regulate the cryptoasset industry in hopes of cracking down on bad actors while giving clarity to crypto firms. Announced at the Innovate Finance Global Summit on Tuesday, Reeves announced draft legislation to regulate the cryptoasset sector amid calls for transparency from the industry. “Through our Plan for Change, ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 04/29/2025 07:21 EDT

Sprive: Fintech claiming to cut costs and time for mortgage payments raises £5.5m

Sprive, a fintech app that promises to reduce the costs of users’ mortgages, has secured a £5.5m investment. The vast majority of UK household debt is tied up in mortgages, with interest on repayments and the growing use of 35-years and beyond plans making it difficult for many to keep up. Sprive claims to be ... Read more

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UK Tech News
Jessica Nangle @ UK Tech News · 04/29/2025 05:13 EDT

Innovate Finance sets out how the UK can become a digital economy leader

Innovate Finance has published a blueprint to make the UK the leading international market for stablecoin. The report, entitled Stablecoin: The UK Opportunity, outlines how the UK can become the most attractive jurisdiction in the world for issuing and using stablecoins while maintaining high standards of financial stability, transparency and consumer protection. Stablecoins are digital tokens ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 04/29/2025 04:52 EDT

Ofcom’s misinformation committee change condemned by fact checkers

The launch of a misinformation advisory committee by Ofcom as part of the Online Safety Act has been condemned by fact checkers as watered down.  The Online Information Advisory was officially launched on Monday as a committee to advise the media watchdog on its work relevant to misinformation as it prepares to use new legislation ... Read more

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UK Tech News
UKTN @ UK Tech News · 04/29/2025 00:00 EDT

Driving towards autonomous vehicles – David Keene, CEO, Aurrigo

This week’s podcast guest is David Keene, CEO of Aurrigo, who discusses how autonomous driving will progress in the UK, how a chance encounter pivoted his company’s entire market and the journey of turning grant funding into an initial public offering.   Aurrigo is an autonomous driving company that specialises in vehicles for the aviation industry, ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 04/28/2025 06:36 EDT

UK and Japan strike deal to bolster quantum collaboration

The UK and Japan have agreed to increase tech industry and research ties in the quantum sector as Britain looks to secure its place at the top of the nascent industry. Science Minister Lord Vallance met with his Japanese counterpart Kiuchi Minoru on Monday to unveil a memorandum of cooperation between the two nations that ... Read more

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UK Tech News
UKTN @ UK Tech News · 04/28/2025 05:51 EDT

UK tech funding roundup: This week’s deals from CSignum to WineFi

This week’s UK tech funding deals include wireless data transfer group CSignum, fertility research team Ovo Labs, alcoholic fintech platform WineFi and more. UKTN tracked £29.1m worth of UK tech investment this week (21 April to 25 April), a 76% week-on-week decrease across seven funding rounds in a week shortened by bank holidays. Here’s your ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 04/28/2025 04:54 EDT

Employee engagement startup WorkBuzz raises £4m in YFM follow-on investment

Employee engagement startup WorkBuzz has secured a new £4m funding round led by previous backer YFM Equity Partners. Founded in 2018, WorkBuzz – which provides companies with employee engagement material and staff sentiment analysis – took off in the pandemic, as the work from home requirement forced businesses to ramp up their remote worker systems. ... Read more

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