Adclear, a London-based fintech compliance platform used by the likes of Plum and PensionBee, has raised a £2.1m seed round. Launched in 2024, Adclear has developed an AI-powered platform that automates compliance checks required of finance companies regarding their marketing content and product updates. Banks, fintechs, trading platforms and crypto organisations use the platform to ... Read more ›
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The government’s decision to designate a new AI Growth Zone in North Wales has come under criticism as it fails to address the key barrier of energy costs. The Department for Science, Innovation and Technology announced on Thursday that North Wales would become the next AI Growth Zone – a designation stemming from the department’s ... Read more ›
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North Wales will become home to the UK’s first small modular reactor (SMR), a form of nuclear power plant that the government claims is key to securing the UK’s energy and tech ambitions. The prime minister announced earlier this year that the government would reform planning rules to allow for the speedy approval and construction ... Read more ›
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AI is supposedly improving our productivity, with a myriad of tools now available to automate menial tasks such as calendar management, note-taking and email writing. It would be sensible to deduce then, that AI is reducing our workloads by taking some of these time-consuming activities off our plates. But it’s more complicated than that, because far more than simply ... Read more ›
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London remains the top choice for an initial public offering (IPO) among British tech businesses which look to be eyeing up the public markets despite a muted period, according to new research. In a survey of UK-based tech firms RSM UK found that just over three-quarters (76%) were considering listing publicly within the next five ... Read more ›
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Venture capital group Backed VC has closed its third fund, a $100m (£76m) vehicle targeting innovative European firms at the seed stage. Based in London, Backed leads pre-seed and seed stage rounds with investments between $500,000 and $5m. The Backed 3 fund will focus on three areas of frontier tech – AI therapeutics, blockchain and ... Read more ›
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London-based fintech group Zilch, known for its buy now pay later style flexible payment service, has secured an investment of $176.7m (£134.2m). The joint equity and debt round, led by investment group KKCG, follows the launch of new major products from the company – Intelligent Commerce, an AI platform that turns engagement data into real-time ... Read more ›
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Tech Secretary Liz Kendall is “deeply concerned” with Ofcom’s delays in implementing the next set of duties of the Online Safety Act. Writing to Ofcom’s chief executive Dame Melanie Dawes, Kendall stressed that the regulator must operate with an “urgent sense of momentum” in its implementation of certain duties of the act. Ofcom has already ... Read more ›
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Legislation announced by the government to protect the cyber resilience of critical services offers “no guarantee of security”, according to a tech-focused lawyer. The Cyber Security and Resilience Bill, if passed would establish a regulatory burden for the IT providers of essential services, including the NHS and energy grid. The bill was proposed amid a ... Read more ›
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The UK’s financial watchdog has launched a partnership with its Singaporean equivalent focused on supporting responsible AI innovation in finance. The Financial Conduct Authority (FCA) announced the new partnership with the Monetary Authority of Singapore (MAS) on Wednesday at the Singapore Fintech Festival. Alongside a remit of enabling innovative firms in the UK and Singapore ... Read more ›
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When Rachel Reeves called the 2024 Autumn Budget a “once-in-a-Parliament reset”, many in the UK’s tech sector breathed a cautious sigh of relief. The promise was simple: fewer shocks and a framework that businesses could plan around. “We will never need to do another Budget like this again,” Reeves said at a Treasury Committee meeting ... Read more ›
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London’s life sciences sector has seen a 60% surge in venture capital investment this year, cementing its status as Europe’s powerhouse for the industry. Data released alongside London Life Sciences Week revealed that the UK capital pulled in $2.1bn in VC funding for the sector so far in 2025, up from $1.3bn the previous year. ... Read more ›
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Barclays has joined Salica Investments as a cornerstone investor in its £150m Growth Debt Fund II, targeting high-growth innovation-led businesses in the UK. The bank joined as investor following Barclays Entrepreneurs Week 2025, in line with its innovation banking strategy. “Barclays is committed to powering the UK’s innovation economy, by helping ambitious founders and innovators ... Read more ›
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The government has proposed new laws to strengthen the UK’s resilience against cyber attacks as the threat of breaches grows. The laws would cover certain digital and essential services, notably the NHS, as well as energy, transport and water. Under the proposals, IT service providers for organisations like the NHS will be regulated due to ... Read more ›
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Former Skyscanner chief financial officer Shane Corstorphine has called for an end to the ‘fragmented’ support given to Scottish tech firms in a report outlining a plan for growth in the nation’s tech economy. In a new report, ‘Scaling Scotland: Building the Engine for the Next 50 Years of Prosperity’, by Corstorphine and a panel ... Read more ›
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AlphaSense is an AI-powered market intelligence platform that is used to inform high-level decision-making. The firm has been involved in AI since its founding in 2011, recognising even then that the technology and its relationship with data would come to play a critical role in how businesses operate. In an exclusive interview with UKTN, AlphaSense’s SVP ... Read more ›
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Skills training opportunities for AI among UK businesses have fallen far behind the demand, according to new data from Accenture. In a recent report from the consultancy, it was found that in the UK as many as 78% of professionals are using generative AI at least weekly in their work, but only 24% have had ... Read more ›
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When ChatGPT 5 was launched earlier this year everyone expected a huge step forward in its capabilities. As it turned out, there was trivial improvement in what it can accomplish. There’s a simple reason for this slowdown in progress: we’re running out of data, prompting a scramble, and billions of pounds of investment, to create synthetic ... Read more ›
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A startup that claims to be able to stop scams before payments are made has secured $2m (£1.5m) in pre-seed funding. Founded in 2024, FALKIN has developed a range of AI digital safety tools to analyse manipulation techniques and signs of deception commonly used by scammers across various communication channels. These tools can be embedded ... Read more ›
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The UK is hoping to increase ties with the technology industry of China as Science Minister Lord Patrick Vallance leads a delegation of academics and tech figures on a trip to the nation. Vallance’s delegation will meet with Chinese politicians, academics and business leaders in Beijing on Tuesday to discuss areas where the UK and ... Read more ›
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13.06.2026 08:57
Last update: 08:50 EDT.
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