Debenhams Group is rolling out an AI shopping service in partnership with PayPal as retailers continue to explore how the technology can be used in the shopping experience. The group, which contains the brands Debenhams, PrettyLittleThing, boohoo, boohooMAN, and Karen Millen, will allow customers to discover products, receive personalised recommendations and check out all within ... Read more ›
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Former Atomico partner Anu Adebajo has been chosen as the new chief executive officer of the prominent Newton Venture Program. Founded by Phoenix Court and London Business School, Newton Venture Program is an educational course designed to train new generations of venture capital talent. The scheme was launched in 2020 and has since amassed an ... Read more ›
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Bracket, a financial management platform designed for mid-market businesses, has raised $7m (£5.1m) in seed funding. The London-based fintech was founded to offer mid-size businesses an alternative to spreadsheets and manual processes to manage foreign exchange (FX) exposure, cash visibility and bank connectivity. Bracket’s AI-powered platform is used to centralise bank accounts and automate FX ... Read more ›
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HSBC has been approved by HM Treasury as the provider of its Digital Gilt Instruments (DIGIT) platform pilot, via its Orion operation. As the UK government pushes ahead with its first-ever tokenised blockchain-based sovereign bond scheme, HSBC Orion will serve as the first issuer of digital gilts and digital corporate bonds. Proponents of the DIGIT ... Read more ›
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Leaders have got it tough right now. A number of factors are adding and prolonging the pressure they are under. A continually unstable economic climate, developing technology changing ways of working, and adapting to changing customer preferences – to name a few. When you’re a startup, arguably those challenges become even more acute. Revenue is ... Read more ›
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The Bank of England’s proposals to integrate regulated stablecoins into the British economy have been blasted as too cautious and discouraging adoption by a payments trade body. Riccardo Tordera-Ricchi, vice president for policy and government relations at the Payments Association has warned current proposals from the Bank of England would create a regime that “discourages ... Read more ›
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Stanhope AI, a startup developing artificial intelligence technology that aims to mimic the processes of the human brain, has raised $8m (£5.8m). The company, which previously secured a £2.3m investment back in 2024, is working on its Real World Model product, which it describes as a “next-generation framework for adaptive intelligence”. Essentially an AI model ... Read more ›
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The Northern tech ecosystem has spent the past decade proving it can grow without the level of investment or attention enjoyed by London and the South East. The question now is whether the rest of the system is ready to catch up. That theme ran through a roundtable discussion hosted by Lloyds in partnership with ... Read more ›
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An AI startup founded by former Downing Street advisors to model audiences and human thought has secured a £10m funding round from a group of major investors. Electric Twin was founded by Dr Ben Warner, former chief adviser on digital and data to the prime minister and Alex Cooper, a former military officer who worked ... Read more ›
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Takeaway delivery group Just Eat has launched a trial using ground robots to carry out deliveries, taking part in a growing trend for its sector. The trial will take place across Bristol and Milton Keynes. Just Eat said the increased delivery capacity brought on by the robotic couriers would allow it to meet the busy ... Read more ›
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British Transport Police (BTP) has become the latest law enforcement organisation in the UK to explore Live Facial Recognition (LFR) technology, starting from Wednesday. Various UK legal institutions have been launching trials, with central government keen on supporting AI-powered LFR as a method of improving efficiency across the entirety of law enforcement. Several police forces ... Read more ›
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London payments platform Volt has launched stablecoin acceptance at checkout for online merchants as the asset type becomes integrated into the British economy. As UK regulators enter the final stage of approving the issuance of stablecoins, Volt aims to bring digital currencies into the mainstream from a payments perspective. The firm will be offering businesses ... Read more ›
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Mozart AI, a generative audio creation platform founded in London, has secured a $6m (£4.38m) seed investment round. Looking to use AI to break up the dominance of traditional music creation and editing software platforms that have been in use for years, Mozart AI claims its generative technology can support the creative work of artists ... Read more ›
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Occam, a UK-based defence tech startup developing AI autonomous drones being tested with the Ukrainian military, has raised a £2.6m investment. Founded in 2025, Occam is one of many tech firms founded to meet the defence needs of modern geopolitcal conflicts, with the war in Ukraine presenting one of the largest deployment operations for military ... Read more ›
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New protections aimed at people using buy now pay later (BNPL) credit products have been confirmed by UK financial regulators. The Financial Conduct Authority (FCA) confirmed on Wednesday that from 15 July 2026 BNPL will be subject to the Consumer Duty, which will regulate it in line with other loan products. After the deadline, BNPL ... Read more ›
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The UK financial watchdog has taken legal action against Chinese-founded crypto exchange HTX for illegally promoting services to UK customers. Founded as Huobi by former Oracle engineer Leon Lu, HTX is among the largest global crypto exchanges. It is headquartered in Seychelles with offices in South Korea, Japan, the United States and Hong Kong, where ... Read more ›
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Artificial intelligence in financial services has progressed far beyond a curiosity and has today become a simple reality. But while firms in the sector appear completely ready to embrace the technology, in much of the world regulation has not caught up with the capabilities of modern AI. Therefore, the onus is on firms themselves to ... Read more ›
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The UK Space Agency has launched a new internship programme aiming to increase industry skills and create a youth launchpad into the sector. The Skills for Space programme will kick off with an initial 50 paid placements across the UK space sector to give students an entry point into an industry highlighted by the government ... Read more ›
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The Competition and Markets Authority (CMA) has secured commitments from Apple and Google that aim to improve the fairness of their app store practices. The CMA last year determined that the two US firms held strategic market status (SMS) in this marketplace, with the Apple App Store and the Google Play Store making up an ... Read more ›
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British semiconductor startup Fractile has unveiled plans to boost its capabilities with a £100m expansion to its UK facilities. Fractile emerged from stealth in 2024 with a £12m seed investment led by Kindred Capital, the NATO Innovation Fund and Oxford Science Enterprise that also included Hermann Hauser, the founder of Arm predecessor Acorn Computers. The ... Read more ›
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28.04.2026 04:43
Last update: 04:35 EDT.
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