The government-appointed AI Energy Council will meet on Monday with reformations to the energy grid and building new infrastructure at the top of its agenda. Last month saw two new regions, North and South Wales, designated as AI Growth Zones, putting greater pressure on the council to finalise plans to ensure the UK’s energy grid ... Read more ›
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Tech giant Google has slammed the decision from the UK competition regulator to designate its mobile platform as having strategic market status (SMS). The Competition and Markets Authority (CMA) has been slowly rolling out SMS designations to the world’s largest tech firms since the enforcement of the Digital Markets, Competition and Consumers Act. The designation, ... Read more ›
0
The UK and Europe have built some of the most vibrant technology ecosystems in the world. But the number of companies operating between the traditional lines of a Series A, B, C, etc. investor or growth equity and private equity firms has also increased; they have specific situations and/or requirements for the capital, driving a ... Read more ›
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London-based autonomous vehicle technology group Wayve has adapted its embodied AI system to the roads of Japan, demonstrating the pace at which it can be brought to new markets. The company’s flagship AI system AV2.0, which allows the operation of self-driving cars, was tasked with adapting to Japan’s driving environment. Despite its complexity and the ... Read more ›
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Saturn, a startup claiming to use AI to broaden access to wealth management and financial advice, has announced a $15m (£11.25m) Series A round. Citing figures from the Financial Conduct Authority, the company said fewer than one in 10 people in the UK received financial advice last year, leaving millions of households without support. The ... Read more ›
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The government has committed £8.9m in funding to a series of projects aimed at removing regulatory barriers to creating new technology. The funding, which will be delivered by the Regulatory Innovation Office (RIO), will back projects including a licensing regime for street cleaning robots, an AI tool to improve flood risk assessments in planning applications ... Read more ›
30
The government will be scrapping ‘pointless paperwork’ and speeding up planning to save businesses nearly £6bn per year and deliver on the prime minister’s 25% admin reduction target. The crackdown on paperwork will see over 100,000 firms qualify for simpler corporate reporting rules, freeing up businesses to focus on growth. Examples of businesses the change ... Read more ›
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The British Business Bank’s South West Investment Fund has driven almost £100m of investment into new and growing businesses across the region. Launched in 2023, the £200m fund is increasing the supply and diversity of early-stage finance for smaller businesses across the whole of the South West, offering loans from £25,000 up to equity investment ... Read more ›
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The UK fintech industry needs the government to “get behind” it to unlock the “full power of the sector”, according to Innovate Finance chief executive Janine Hirt (pictured). Speaking at the organisation’s Fintech as a Force for Good event, Hirt lauded the achievements of the industry, describing it as a tool to support “inclusion and ... Read more ›
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World-leading innovation, more new homes and better outcomes for patients are the targets for a new blueprint for AI regulation being announced by the UK government. At today’s Times Tech Summit, technology secretary Liz Kendall will unveil plans to look at how companies and innovators can test new AI products in real-world conditions, with some ... Read more ›
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This week’s podcast guest is Fi Sellick, head of UK strategy at Square, who discusses how macroeconomic challenges impact small businesses as well as their payment providers, how Square is implementing AI across different markets and cryptocurrency’s role in democratising finance. Square is a contactless payment system for businesses co-founded by Twitter creator Jack Dorsey. ... Read more ›
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Cyclana Bio has closed its £5m pre-seed funding round to develop its platform and functional disease models that are dedicated to revolutionising women’s health through tissue level therapeutics – with endometriosis treatment discovery first in line. Endometriosis is a chronic and debilitating lifelong condition that affects one in ten women worldwide. Despite its prevalence, the ... Read more ›
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The widespread Amazon Web Services (AWS) outage which shut down the digital services dozens of major organisations has highlighted the danger of the UK’s reliance on a handful of major cloud providers, a legal expert has warned. Services from firms including Wise, Halifax and Lloyds as well as government organisations such as HMRC, were massively ... Read more ›
9
The planned merger between Shutterstock and Getty Images presents a “substantial” risk to competition according to UK regulators, prompting an in-depth investigation. The Competition and Markets Authority (CMA) opened the initial investigation phase in August after determining there was sufficient risk that the merger of the two firms would harm competition in the stock image ... Read more ›
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Ministers from the UK and Sweden have pledged to push new innovations into the hands of consumers quicker and share best practices by joining forces on key research areas like AI, fusion energy and advanced connectivity. The promise was made as part of Sweden’s Research Minister Maria Nilsson’s visit to London. Nilsson and UK Science ... Read more ›
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The number of new technology incorporations in the UK has risen to a record high for the second quarter in a row, according to new analysis. There was a total of 15,470 new tech companies founded in the UK in the third quarter of 2025. This marks a 36% surge from the same period last ... Read more ›
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Greater Manchester, West Midlands and the Glasgow City region have been awarded an extra £20m each by the UK government to accelerate the science and tech-focused efforts of the regions. Science and Technology Secretary Liz Kendall made the funding announcement ahead of the Regional Investment Summit in Birmingham later this week. The new funding for ... Read more ›
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CoMind, a London-based health tech company that has developed a new approach to scanning brain activity, has secured more than $100m (£75m) in a Series A round led by Plural. Led by James Dacombe, who founded the company aged just 17-years-old, CoMind offers an alternative to what it describes as the risky, expensive and highly ... Read more ›
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This week’s UK tech funding deals include robotics firm Dexory, AI agtech group Wild Bioscience and more. UKTN tracked £201.3m worth of UK tech investment this week (13 October to 17 October), a 65% week-on-week increase across eight funding rounds. Here’s your weekly roundup of UK tech startup funding deals. Dexory – £123m Sector: Robotics HQ: London ... Read more ›
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The government has been accused of “leaving the public exposed” to a misinformation crisis by rejecting the recommendations of a select committee. Full Fact, a prominent independent fact checking charity, has criticised the government’s response to the recommendations of how to tackle the troubling issue of online misinformation published by the Science, Technology, and Innovation ... Read more ›
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Doni Hoti is the co-founder and chief executive of Adclear, a group which works with fintechs to ensure they are meeting compliance requirements. In this week’s Founder in Five Q&A, Hoti discusses remembering that while founding and running a company is difficult, it can also be fun, making a team feel interconnected and focussing on speed ... Read more ›
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Most popular sources
Business Insider
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30% 14 |
Gizmodo
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8% 3 |
Eurogamer.net
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6% 0 |
CNET
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5% 3 |
Vox
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4% 2 |
| View sources » | |
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12.12.2025 23:27
Last update: 23:05 EDT.
News rating updated: 06:20.
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