Eight projects proposing ways in which AI can be incorporated into public sector work have been selected as semi-finalists in a government-sponsored competition. Run by digital business and technology service provider NTT DATA, the Civil Service AI and Data Challenge encouraged public sector workers to propose projects utilising the technology to improve services. Among the ... Read more ›
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AI legal tech firm Definely has named Sigurjón Ísaksson, the company’s head of AI, as its new chief technology officer. A former machine learning engineer at Samsung, Ísaksson has held a number of prominent roles across tech startups, including co-founding the family-oriented fintech Nosso. The automation specialist was hired by Definely, known for its generative ... Read more ›
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York-based tech firm Phoenix Software has secured a £75m contract with the Ministry of Defence (MoD) to provide visibility and control over the department’s software spending. The three-year deal, called the Value Added Software Agreement (VOSA), is designed to “centralise and optimise the procurement of commercial off-the-shelf software across the MoD”. Phoenix Software said through ... Read more ›
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The British Private Equity and Venture Capital Association (BVCA) will rebrand to UK Private Capital, aiming to reflect in its new name the evolution of the country’s investment industry. The trade association which represents the UK’s private investment community was founded in 1983 and has since grown to more than 600 firms. It has decided ... Read more ›
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The UK saw a record number of tech incorporations in 2025, with the number of new firms founded soaring by almost 50% in the past five years. New analysis from consulting firm RSM UK has found there were 56,615 new tech incorporations last year, a 17% rise from the previous year and 47% greater than ... Read more ›
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Silicon Valley has long set the pace for tech innovation. In deep tech however, US companies have a tendency to design and optimise their products for local consumers and systems that do not translate globally. Their vast domestic market and deep-pocketed investors let them sustain this approach for years, but this narrowing of focus creates ... Read more ›
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The UK government aims to expedite the passing and enforcement of legislation to combat sexualised deep fakes following the launch of a formal investigation into X’s Grok AI. Technology Secretary Liz Kendall said in the House of Commons that she will bring into force a new offence this week that makes it illegal to create ... Read more ›
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UK-based sportswear group JD Sports has become one of the first major brands to allow purchases to be made directly from popular AI chatbots. The service, which will be initially only available in the US, will allow customers to search for and purchase its products from Copilot, Gemini and ChatGPT. JD Sports has partnered with ... Read more ›
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The Conservatives calls for the UK to follow Australia’s lead in banning social media for under-16s have received a boost as prominent Labour politician Andy Burnham backs the plan. The Greater Manchester mayor, commonly cited as a potential successor to Keir Starmer as leader of the Labour Party, said he has found himself agreeing with ... Read more ›
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Cambridge health tech firm Qureight has appointed former Riverlane executive Rebecca Simmons (pictured) as its new chief operating officer. Simmons has been tasked with scaling the AI CT imaging company’s global business operations. The new Qureight COO previously held the same role at Riverlane, a prominent player in quantum error correction technology. In her time ... Read more ›
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The government would “support” a ban of Elon Musk’s social media platform X should Ofcom determine it is necessary following a trend of AI sexual deepfake generation via its Grok tool. Grok, an AI chatbot accessible via social media platform X, has been used to manipulate images of real people to create sexually explicit materials, ... Read more ›
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The government has been urged by prominent Labour backbenchers to introduce legislation that would require banks to expand access to low-cost lending for SMEs. A private members bill introduced to the House of Commons by Labour MP and former minister Gareth Thomas laid out plans to further combat a weak economy with a mandate for ... Read more ›
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Danske Bank UK has appointed Dr Fiona Browne as its first head of artificial intelligence to lead the strategic development and use of AI across the bank. In her new role, Browne will lead a new AI centre of excellence in Belfast and work alongside Danske Bank UK’s head of data and analytics, Lyndsay Shields, ... Read more ›
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UK tech had a tumultuous year in 2025, with headlines dominated by AI, cyber attacks and a challenging investment environment. AI in particular had a significant moment, with its evolution providing a productivity boost to resource-scarce startups while also creating new challenges surrounding compliance and safety. When UKTN asked a series of industry experts about ... Read more ›
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Ofcom has proposed the next steps in plans that would see mobile masts and Wi-Fi routers in different locations use parts of the same frequency band to transmit their signals for the first time. Historically, mobile and Wi-Fi services have had to use different parts of the radio spectrum – the wavelengths used for wireless ... Read more ›
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Zilch has acquired Lithuanian lender Fjord Bank, giving the London-based fintech unicorn a European banking licence and a huge step forward in its expansion plans. Zilch will purchase 100% of Fjord Bank and will establish Lithuania as its European headquarters, using Vilnius as its operational and regulatory platform for expansion across Europe. Launched in 2021, ... Read more ›
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Nearly half of UK business owners and CEOs say they are more willing to take risk than a year ago, signalling a growing sense of optimism about future growth, according to new research released by private equity firm ECI Partners. The survey shows 47% of respondents now have a higher appetite for risk, compared with ... Read more ›
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The UK’s investment in the fintech market reached £2.6bn in 2025, making it the second highest sector investor globally according to a new report published by Innovate Finance. The industry body’s 2025 global fintech investment report shows a strong rebound in funding worldwide, with global investment reaching £39.4bn in 2025 – up 21% from 2024 ... Read more ›
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Engitix, a biotech company targeting the extracellular matrix (ECM) to develop therapies for cancer and fibrosis, has closed £18.6m in series A extension funding. Engitix leverages deep, high-resolution ECM data to identify disease-associated signatures and translate them into therapeutics designed to act precisely within diseased tissue microenvironments. The investment will be used to continue preclinical ... Read more ›
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Dating app and social media users are to be better protected from cyberflashing after a new law compelling tech firms to stop this type of content before it reaches users comes into force today. Cyberflashing is a term used to describe the act of someone sending a photo or video of their or someone else’s ... Read more ›
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Over half (59%) of CFOs at the UK’s largest businesses have become more optimistic over the past 12 months about the potential for artificial intelligence to boost organisational performance, up from 39% in Q3 2024, according to Deloitte’s latest UK CFO Survey. CFOs overwhelmingly (96%) expect to see a rise in investment in digital technology ... Read more ›
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06.03.2026 11:50
Last update: 11:46 EDT.
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