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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London-based Shard Credit Partners has had the first close of its £75m UK tech venture debt fund, securing £16.5m to invest in B2B SaaS and fintech companies. A venture debt fund, unlike a venture capital fund, means the company is required to pay back any investments it receives. One reason for using a venture-debt fund ... Read more ›
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Ride-hailing platform Uber has issued a statement calling on its rivals operating in the UK to give employees greater benefits, more than a year after a court decision made it do the same. The company told UKTN that it is “the only major ride-hailing platform in the UK to offer drivers worker benefits”. In its ... Read more ›
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Almost two-thirds of businesses in the UK have said the metaverse will have a significant impact on their organisations, despite nearly a third of consumers being unaware of what the developing tech space actually is, according to new data. The findings from Accenture also show that around 38% of UK businesses are experimenting with metaverse ... Read more ›
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Google has revealed 40 black-led tech startups from Europe that will receive $100,000 (£82,000) investment from its $4m (£3.3m) Black Founders Fund, with 26 of the startups being UK-based. The Black Founders Fund comes from the tech giant’s Google for Startups initiative that helps founders scale their startups. The fund was created to tackle racial ... Read more ›
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Japanese multinational tech company Fujitsu has begun its programme of investment in the UK’s technology and science sectors, starting with £22m to create a Centre for Cognitive and Advanced Technologies (C-CAT). The centre will bring in technology from Fujitsu’s home, act as a catalyst for innovation, and focus on finding commercial applications for research. It ... Read more ›
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Meta’s appeal against the UK’s Competition and Markets Authority (CMA) over the blocked acquisition of Giphy has, for the most part, been rejected. The Facebook owner attempted a takeover of Giphy in May 2020; however, the UK’s competition watchdog told the company to unwind the $315m acquisition due to competition concerns over dominance in online ... Read more ›
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Investment bank GP Bullhound and commercial property company Bruntwood have come together to form angel investment network Manchester Angels, to invest in technology and life sciences in Manchester. Manchester Angels will provide startups in the region with entrepreneurs who will mentor them and will invest across different sectors. “According to Tech Nation’s 2021 Report, over ... Read more ›
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Nadine Dorries called for tech companies to look beyond tradition in the recruitment of talent, as the UK’s sector seeks to build on its position as the second-largest tech industry. Speaking at London Tech Week, the Secretary of State for Digital, Culture, Media and Sport (DCMS) encouraged the British tech industry to be different to ... Read more ›
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19.06.2026 04:42
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