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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Jana Stella is the founder and chief executive of NeuWave Technologies, a company using advanced model and AI systems to conduct environmental analysis for the development of offshore infrastructure. In this week’s Founder in Five Q&A, Stella discusses building your schedule around how your body works, motivating staff with a positive attitude and learning as much ... Read more ›
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An acquisition deal to rescue struggling graphene firm Versarien has been blocked by ministers over national security concerns. Versarien, an AIM-listed advanced materials manufacturing group based in Gloucestershire, had been considering an acquisition deal that would see it bought by a “UK joint venture company” in partnership with Chinese group Anhui Boundary Innovative Materials Technology ... Read more ›
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RUUT, a new digital banking brand is set to enter the UK market following a strategic partnership between British and Turkish fintechs Algbra Labs and Moka United. Moka, a subsidiary of İşbank, one of the largest banks in Turkey, will launch the new banking brand with Algbra, a fintech-as-a-service company that will power RUUT through its ... Read more ›
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As AI continues to advance, businesses are under increasing pressure to move ahead with adoption. But while large corporations have the funds and resources to adopt or even produce their own AI solutions, there are concerns of a growing gap for smaller businesses, which may struggle to invest heavily in the technology without clear ideas ... Read more ›
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The majority of British adults believe the use of virtual private networks (VPNs) should be banned for minors as users flock to the service to avoid age restrictions put in place following the Online Safety Act. A new poll from YouGov found that 55% of UK adults were in favour of banning VPNs for under-18s, ... Read more ›
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The Financial Conduct Authority (FCA)’s newly finalised safeguarding rules for payments and e-money firms mark one of the most significant regulatory shifts for the sector in recent years. Set to take effect from 7 May 2026, the changes follow the regulator’s continued concern over firm failures and resulting consumer harm. Between Q1 2018 and Q2 ... Read more ›
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The decision from the government to have the Tech Department absorb the UK Space Agency (UKSA) signals a genuine effort at establishing a thriving space economy, according to figures from the industry. On Wednesday it was announced that the UKSA would cease to operate independently and will instead be folded into the Department for Science, ... Read more ›
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London-based hospitality management software startup Embargo is preparing for growth across Europe fuelled by a $3.5m (£2.6m) investment. Founded in 2017, Embargo is a CRM, loyalty and ordering platform for hospitality businesses used by a little under 3,000 venues, mostly in the UK, Poland and parts of Western Europe. The firm has reported strong growth ... Read more ›
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Haylo Labs, part of London-based investment group Haylo Ventures, has pledged to invest more than £100m into the UK chip ecosystem following its acquisition of Plessey Semiconductors. Plessey, based in Plymouth, develops chips for a variety of microLED display devices. One of Europe’s oldest firms in the sector, the company was founded in 1956. The ... Read more ›
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The 24-strong cohort has been revealed for the first-ever startup incubator programme from the University of Cambridge’s King’s College. Launched by King’s Entrepreneurship Lab and Founders at the University of Cambridge, the SPARK incubator aims to provide mentorship, practical training, venture-building and networking support to companies born from Cambridge research. Among the two-dozen startups set ... Read more ›
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Aircards, a Newcastle-based startup using immersive technology to develop storytelling experiences for major brands, has received a £3m investment from Foresight Group. Founded in 2020, the company works across a variety of platforms, creating AR and XR technology for campaigns for companies including Pepsi, Visa and Delta Air Lines. With a current team of 32, ... Read more ›
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Two fifths of UK crypto investors have had payments blocked or delayed by their bank when trying to buy digital assets, according to new research. Mainstream banks in the UK have had a difficult relationship with the blockchain and cryptoasset sector, with many opting for high levels of caution when dealing with the asset type ... Read more ›
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The UK Space Agency is set to be absorbed by the Department for Science, Innovation and Technology (DSIT) in an effort to speed up decision-making and reduce bureaucracy. As part of the government’s wider goal of reducing ‘red tape’ and avoiding duplication of work from public bodies, the UK Space Agency in April 2026 become ... Read more ›
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Phoebe, an agentic AI startup that acts as an ‘immune system’ for software, has secured a $17m (£12.6m) investment co-led by Google Ventures. Based in London, Phoebe was founded by former executives of Stripe and Google to develop AI agents to remove software downtime. According to the company, its agents continuously monitor and react to ... Read more ›
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Welcome to our new series, The Circuit. Meet our next interviewee: Your browser does not support the video tag. This is Professor Aline Miller, CSO of Unit M at the University of Manchester, a recently founded initiative to connect the regional innovation ecosystem and drive inclusive growth. The initiative is working closely with Sister, a ... Read more ›
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Asset trading app Plus500 is expanding to Latin America following regulatory approval for a representative office in Colombia. The London-listed fintech announced on Tuesday that it had obtained authorisation from the Colombian Financial Superintendence. This represents the firm’s first Latin American expansion, as the London-headquartered business aims to establish its global footprint. “We are delighted ... Read more ›
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When I founded Scalable Capital in London back in 2014, the city felt electric. There was a powerful sense of inevitability. If you had bold ambitions and grit, London was the place to build. Investors believed it. Policymakers believed it. Founders believed it. 2014 was the year of the first London Tech Week, the likes ... Read more ›
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The UK has agreed to back down on its demand for Apple to allow it back door access to encrypted data, according to claims from the US director of National Intelligence. In a social media post, Tulsi Gabbard said she has been “working closely with our partners in the UK” to discuss data privacy and ... Read more ›
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Neurovalens, a Belfast-based health tech specialising in non-invasive neuro technology, has closed a £6m funding round just over a year after its last investment. The company develops wearable medical devices that stimulate the brain with small electrical pulses to treat various mental health challenges, including insomnia, anxiety and post-traumatic stress disorder. Having raised £2.1m in ... Read more ›
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This week’s podcast guest is Dr Jane Jin, founder and chief operating officer of OXCCU, who discusses the complexity of developing sustainable aviation fuel (SAF), the history of how it has been deployed in the past and just how impactful viable could be for the environment and the aviation industry. OXCCU is a spinout from ... Read more ›
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07.03.2026 19:30
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