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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Private equity investor LDC, part of Lloyds Banking Group, has exited its investment in independent connectivity provider Wifinity. London-based Wifinity delivers tailored connectivity solutions that traditional telecom operators lack the capability and service model to provide. The business serves clients across diverse markets including defence, leisure, specialist accommodation, corporate and public sector and offshore. Founded ... Read more ›
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University of Oxford spinout Dark Blue Therapeutics, a discovery and development biotech company pioneering the next generation of precision oncology medicines, has been acquired by Amgen in a deal worth up to £622m. By targeting a specific vulnerability in cancer cells, Dark Blue’s lead candidate DBT 3757 is a first-in-class therapeutic strategy for acute myeloid ... Read more ›
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Gloucestershire-based maintenance tech startup iMaintain has closed its pre-seed funding round at over £250k, with backing from early-stage investment firm SFC Capital. iMaintain is building a platform designed to help manufacturers capture and reuse critical maintenance knowledge, giving teams greater visibility, reducing repetitive faults, and supporting the shift from reactive to reliable operations. By turning ... Read more ›
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A new report from tech and pharma giants including AstraZeneca, GSK and Airbus has showcased the extent growth has spread across the Oxford-Cambridge region – and the impact a lack of rail connections is having on investment. Momentum around the ‘supercluster’ running from Oxford to Cambridge has long centred on high-growth tech and science companies ... Read more ›
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London-based Apex Rides has raised £420k to boost its connected fitness platform built to make studio workouts more accessible, affordable and inclusive. The investment round included participation from FundMyPitch, strategic angels and VCs, and will be used to further invest in product development and the business’s transition to a hardware-agnostic, app-first model. Originally launched with ... Read more ›
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The UK government has introduced new cybersecurity measures to make online public services more secure and resilient so people can use them with confidence, whether applying for benefits, paying taxes or accessing healthcare. Backed by over £210m, the Government Cyber Action Plan sets out how the government will meet the growing range of online threats. ... Read more ›
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Accenture has acquired UK-based AI native services and products business Faculty to help its clients reinvent core and critical business processes with AI. Founded in 2014, Faculty works with public and private sector clients to deploy AI solutions in the UK and other key markets. Its services include AI strategy, AI safety and the design, ... Read more ›
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The London Stock Exchange saw a flurry of IPO activity in the final quarter of 2025 as it positioned itself for a rebound in 2026, says EY’s latest IPO analysis. There were 11 IPOs in the UK in Q4 2025, raising £1.9bn in total. This brought the total number of listings in 2025 to 23 ... Read more ›
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While AI is taking on work across the economy, supervising AI agents is likely to have hidden challenges and these demands must be quantified, acknowledged and built into roles, say researchers from Microsoft and Imperial College London. Published in the Society of Occupational Medicine’s (SOM) journal Occupational Medicine, researchers say AI is likely to make ... Read more ›
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A new innovation centre has opened in West Sussex to support ambitious entrepreneurs in thriving and growing their businesses. Crawley Innovation Centre helps startups, scale-ups and long-established innovative companies by providing an environment that features 24 offices, seven light industrial workshops for prototyping, product testing and demonstrations, co-working and hot desk spaces, meeting rooms, event ... Read more ›
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UK-based qualitative analytics startup WholeSum has raised £730k to accelerate product development, expand its science and engineering teams and scale early enterprise deployments. WholeSum offers a hybrid AI analytics layer for qualitative data, converting large volumes of free text into auditable insights. Designed to integrate directly via API, the platform outputs quantified, reproducible insights that ... Read more ›
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Small and medium-sized enterprises (SMEs) led by owners with strong professional networks experience higher growth and profitability, according to new research from American Express. The Peer Power study, conducted in partnership with The Entrepreneurs Network, highlights a connection between the strength of professional networks and improved commercial performance. Based on responses from 500 founders and ... Read more ›
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The FTSE 100 index has surpassed 10,000 points for the first time, marking a significant stock market milestone on the first trading day of the year. The index rose to an all-time high of 10,046 before easing slightly. The milestone is a major moment for Britain’s stock market, which increased in value by over a ... Read more ›
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A new 40% tax allowance has come into effect that allows businesses to save on new ‘plant and machinery’ in the first year. Plant and machinery is a broad term to describe assets that a company uses to operate its business aside from land and buildings. Examples include computers and IT, office furniture and air ... Read more ›
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The governance of artificial intelligence is no longer speculative. Boards can no longer run nor hide from having to define acceptable AI. At the global level, the OECD AI Principles provide the broad normative foundation: transparency, accountability, and human oversight as baseline expectations. Boards will now need to focus on these foundations as part of ... Read more ›
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Funding for UK tech totalled £11.7 billion for 2025, down 9% year-on-year according to new data published by Tracxn. UK tech companies completed over 1,000 funding rounds, down 38% compared to 2024, with 27 ‘mega rounds’ and six new unicorns created. UK companies reaching the elusive unicorn status this year include sports platform DAZN, biotech ... Read more ›
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New analysis commissioned by the Department of Science, Innovation and Technology (DSIT) has found that UK research projects backed by the Horizon R&D programme are more likely to see their research through and have a bigger impact on their respective fields. The report found that UK researchers secured £6.8 billion in funding through nearly 11,000 ... Read more ›
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A new AI tool designed to predict demand for accident and emergency (A&E) is being trialled by UK hospitals. As part of the government’s push towards integrating AI technology into public services, the A&E demand forecasting tool will be made available to all NHS Trusts, with 50 organisations within the health service already using it. ... Read more ›
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Over 100 mobile network masts have been upgraded to deliver 4G coverage from all major mobile network operators as part of the Shared Rural Network programme. Of the 105 masts that were upgraded, 44 were in Wales, 33 were in Scotland and 28 were in England, in an effort to provide connectivity in areas that ... Read more ›
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A new AI-powered forecasting tool has been made available to all NHS Trusts in an effort to minimise waiting times for patients during the busy winter months. The demand forecasting solution helps to predict when A&E departments will be busiest, leading to smarter planning for shifts and bed space and spotting potential bottlenecks. The tool ... Read more ›
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06.03.2026 11:49
Last update: 11:40 EDT.
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