Photonic, a Canadian quantum computing firm, is set to invest over £25m in a UK-based research and development facility. Founded in 2016, the company is developing advanced photonic technologies to enhance data processing capabilities using light-based systems. The Vancouver-based firm has been backed by London-based investment group Amadeus Capital Partners. The new R&D site, which ... Read more ›
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Two of the most prominent investors in the North of England, Scotland and Northern Ireland will be merging to create PXN Group, a new venture and investment firm with over £670m in assets under management. The merger, which is subject to regulatory clearance from the Financial Conduct Authority, will bring together Edinburgh-founded Par Equity and ... Read more ›
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The UK cybersecurity sector will be bolstered by millions in new investments as part of the Cyber Growth Action Plan announced by the government on Wednesday. Cyber is being centred as one of the core tech sectors to be supported by government policy, both as a source of economic returns, with it already generating £13.2bn ... Read more ›
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The Payments Association has expressed concern on the Financial Conduct Authority’s (FCA) proposed ban on using credit cards to purchase crypto, stating that consumers “should be empowered to make informed choices within predefined credit limits”. In a formal response to the DP25/1 discussion paper, the association claims that the proposed ban “seems to equate crypto purchases ... Read more ›
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UK healthcare logistics start up Apian has unveiled initial details about the expansion of the NHS drone delivery network in London. Matternet will be marking its operational debut in the region by joining Apian’s multi-operator platform. The Californian firm specialises in urban drone delivery, carrying lab samples, pharmaceuticals and medical supplies in Switzerland since 2017 ... Read more ›
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An argument between Getty Images and Stability AI about some weird photographs and wonky watermarks has turned into the most significant copyright case in recent history. It will decide just how powerful UK copyright really is. It comes at an interesting time, putting the focus on the High Court as it grapples with these issues ... Read more ›
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Data and technology company Experian has added digital bank Monzo to its Support Hub service. Experian Support Hub is a free-to-use platform which allows users to share their access needs with multiple businesses in one go. As part of the partnership, Monzo’s UK customers will now be able to share their access and support needs. ... Read more ›
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Enhanced AI-powered digital experiences will be making a debut at the next Wimbledon Championships fortnight starting at the end of June. A ‘Match Chat’ interactive AI assistant will be launched that will allow tennis fans to ask for, and receive, real-time insights and analysis during ladies’ and gentlemen’s singles matches. This launch will also run ... Read more ›
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Pillar, a London-based fintech founded to give immigrants moving to a new country access to credit, has been acquired by international payments firm LemFi. LemFi, which provides multi-currency accounts to send and receive money internationally, said the acquisition was to accelerate its goal of empowering immigrant communities with accessible financial services. Founded 2021, Pillar raised ... Read more ›
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Astroscale UK, the British subsidiary of Tokyo-based space tech group Astroscale, has been awarded a contract worth over £5m from the Ministry of Defence (MoD) to gather data about space weather. As highlighted in a recent report from Lloyd’s of London, extreme space weather events, such as solar storms, could result in trillions in economic ... Read more ›
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SiteGround is an IT company providing businesses with services including web hosting SaaS platforms for site building, e-commerce and email marketing. The firm’s director of product development Daniel Kanchev spoke exclusively to UKTN about how the company’s technology is helping startups grow, how AI can be incorporated into its services and the future of its products. ... Read more ›
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This week’s podcast guest is Jessica Lennard, chief strategy officer at the CMA, who discusses how the regulator has to balance its work with the world’s largest tech companies with the vast startup market, how the CMA’s competition regulation is evolving to suit innovation and why the wider regulatory regime as a whole is changing ... Read more ›
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The Information Commissioner’s Office (ICO) has called on the manufacturers of smart devices to prioritise consumers’ privacy with the release of new guidance. The ICO last year requested views from the public on the smart product market, looking at various internet of things (IoT) devices such as smart speakers, fitness trackers and internet-enabled fridges. The ... Read more ›
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Traditional systems rely on spreadsheets, siloed processes and manual approvals. They were not built for real-time visibility or agility; they were built for control. But control without agility is a liability. As strategic leaders, finance chiefs are asked to do more with less: ensure compliance, optimise spending and reduce fraud. Increasingly, they are turning away ... Read more ›
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Amazon, Google, Microsoft and IBM are among the Big Tech firms that are in talks to support the UK’s plan to AI upskill more than seven million workers. First announced by Prime Minister Keir Starmer at earlier this month at London Tech Week, the British government has laid out ambitious plans to give AI skills ... Read more ›
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Leeds-headquartered computing company Optalysys has launched the world’s first dedicated enterprise-grade server for blockchain, called LightLocker Node. The platform is designed to enable Fully Homomorphic Encryption (FHE) and confidentiality on any transaction. LightLocker Node allows encrypted data to be processed directly on blockchain without decryption. It maintains the decentralisation that blockchain offers, while adding the ... Read more ›
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UK Science Minister Lord Patrick Vallace has called for a deeper partnership with the US health tech and life science sector, describing the move as critical to both nations’ economic growth. Speaking to business, investment and academic leaders from the sector at the BIO 2025 conference in Boston, Massachusetts, Vallance said combining the UK’s strengths ... Read more ›
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According to a nationwide survey by financial technology SumUp, 29% of UK consumers would trust AI to make small, automated payments on their behalf. The report asked 1,500 consumers across all regions about their payment preferences, their concerns about different payment methods and whether they would embrace AI for automated payments. Among the 29% of ... Read more ›
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The Competition Appeal Tribunal (CAT) has made an order certifying a £1bn legal claim against Google on behalf of UK app developers that have allegedly been overcharged by Google for using its Play Store. Thousands of businesses are poised to receive compensation for the loss in revenue suffered as a result of Google’s alleged conduct ... Read more ›
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This week’s UK tech funding deals include AI-powered legal tech Definely, stablecoin payments firm Noah and more. UKTN tracked £69.25m worth of UK tech investment this week (9 June to 13 June), an 83% week-on-week decrease across seven funding rounds. Here’s your weekly roundup of UK tech startup funding deals. Definely – £22m Sector: AI/legal tech ... Read more ›
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Most popular sources
Business Insider
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24% 8 |
Tom's Hardware
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20% 12 |
Gizmodo
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12% 7 |
Slashdot
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7% 3 |
Eurogamer.net
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5% 4 |
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21.12.2025 08:11
Last update: 08:06 EDT.
News rating updated: 15:06.
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