Manchester is a step closer to opening a new tech hub for high-growth industry 4.0 companies after a £21m development at Manchester Science park reached practical completion. Commercial property company Bruntwood SciTech said the Base development, part of its one million sq ft plan for Manchester Science Park, is undergoing final finishing touches before it ... Read more ›
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UK tech manufacturers have reported the fastest rate of output growth of any sector against a backdrop of slumping output across the rest of the economy, according to new data. The Lloyds Bank UK Sector Tracker has shown that output fell in six out of 14 sectors last month, compared to three in April as ... Read more ›
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There are now more than six million active open banking users in the UK, with data showing the rate of adoption has maintained the momentum built up earlier this year. It means there are an additional one million open banking users since January when the Open Banking Implementation Entity (OBIE) last published figures. It took ... Read more ›
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Klarna, the world’s largest provider of buy now, pay later (BNPL) services, has urged the UK government to move faster in implementing regulations designed to protect consumers from “irresponsible” providers. The government published its proposal to tighten BNPL regulations on Monday following a lengthy consultation process. Under the proposed crackdown, BNPL firms will be forced ... Read more ›
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Instanda, a company that provides no-code software tools for the insurance industry, has raised $45m (£36.7m) to fund expansion in Europe, the US, Japan and the UAE. The London-headquartered company will also develop new capabilities for its platform, which lets insurance companies create products without specialist coding knowledge. It does so with a combination of ... Read more ›
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The UK has been ranked fourth in Europe for green tech innovation, according to a study of the European clean energy sector. The research placed the UK behind Germany, which topped the list, followed by Sweden. France and the Netherlands were placed in joint third according to the model, which analysed investments and patents. The ... Read more ›
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Nuclear technology company Newcleo has closed €300m (£258m) to fund the construction of its first nuclear sites in the UK and France. The London-headquartered startup says it plans to build its Generation IV nuclear reactors capable of extracting energy from nuclei in a renewable and safe way. Its 30-megawatt prototype is smaller than conventional nuclear ... Read more ›
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The government’s delay in diverging from EU technology regulation is putting the UK at risk of becoming a de facto “rule taker”, according to the outgoing chief of the Competition and Markets Authority (CMA). Andrea Coscelli, speaking to the Financial Times, said that companies are embracing rules set in Brussels because of the costs associated ... Read more ›
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The Competition and Markets Authority (CMA) has appointed Sarah Cardell as its interim CEO. Cardell, who is currently general counsel at the CMA, will take over from outgoing CEO Andrea Coscelli in July. “Sarah’s experience and expertise provides a strong foundation for the CMA at a time when their work to help people make the ... Read more ›
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The government has outlined its plan to bolster buy now, pay later (BNPL) regulation in a move that will force providers to conduct credit checks and register with the Financial Conduct Authority. The proposal, published on Monday, follows the closure of a consultation from the Treasury that looked into concerns that the largely unregulated BNPL ... Read more ›
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Tech giant Google and 11 UK employers including the likes of the BBC, BT Group, Deloitte, John Lewis Partnership and NatWest have come together to form an employer consortium. The employer consortium will acknowledge Google Career Certificates, considering people who complete them for relevant tech jobs. Google is also providing 10,000 more scholarships, partnering with ... Read more ›
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Drone operator Skyports will begin delivering school meals to a Scottish primary school through a partnership with Argyll and Bute Council. Freshly made meals will be delivered via a Skyports drone 1.5km from Park Primary School, Oban to Lochnell Primary. “The possibilities of using UAV’s [Unmanned aerial vehicle] to improve services to our communities is ... Read more ›
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Challenger bank Monzo has confirmed it still plans to pursue crypto investment opportunities, amid the current crash in the digital asset market. Monzo co-founder, Jonas Templestein spoke yesterday at the Financial Times Live event saying the crypto crash “probably hasn’t affected our plans” as the fintech continues to consider branching out into digital currency ventures. ... Read more ›
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Fintech Funding Circle has hired Jerome Fernandez as the managing director of its FlexiPay product. Fernandez has previously worked as the VP of product at London-based challenger bank Revolut and most recently as the product director at international payments provider Remitly. Fernandez also worked as head of cards for Sainsbury’s Bank and CTI. “It’s a ... Read more ›
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The UK government has outlined its plan to reform the data protection rules mentioned in the Queen’s speech in May. The government has been keen to establish UK-specific data laws ever since the Brexit vote, which allowed the conservatives to replace the EU’s General Data Protection Regulation (GDPR). The plans, which were outlined as part ... Read more ›
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The UK’s regional tech hubs are thriving, and Leeds is no exception. The Yorkshire city is home to a growing number of innovative startups helping to fuel growth in the area. Not only are there 8,695 digital and tech businesses in Leeds, but they have also employed 53,000 people and have created a digital turnover ... Read more ›
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Ally Fekaiki is the founder and CEO of Juno, an employee benefits market. Founded by Fekaiki in 2019, Juno’s marketplace lets employees choose what benefits they receive using credits issued by their workplace. Benefits range from mental health support, childcare, fitness and food delivery boxes. It is used by companies including Bolt, Oyster, Born Social ... Read more ›
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Labour has today launched a review, led by a panel of entrepreneurs with the goal of making the UK a more attractive place for startups to scale and ultimately go public. Announced in a speech by the shadow chancellor, Rachel Reeves said that “the small number of start-ups listing in the UK” is not enough ... Read more ›
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Ebbw Vale-based college Coleg Gwent has opened its Cyber Hub, part of the ongoing Cyber College Cymru programme, with the ambition to help students towards a career in cyber security. The Cyber College Cymru programme has partnered with the likes of Fujitsu, Admiral, Thales and Welsh Water. Fujitsu this week also announced it is investing ... Read more ›
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The Financial Conduct Authority (FCA) has today written to 3,500 executives in the financial sector, including all buy now pay later providers operating in the UK, encouraging consumer protection during the cost of living crisis. The UK’s financial regulator wrote the ‘Dear CEO’ letter to remind financial service providers that the difficult economic situation currently ... Read more ›
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17.06.2026 00:43
Last update: 00:35 EDT.
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