The UK is home to some of the world’s best scientists and engineers with a government that has a keen ambition to capitalise on the ‘space economy’, but without launch sovereignty, it can never truly have a voice in space, according to Skyrora. The Scotland-based space tech company made waves this week when it announced ... Read more ›
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BAE Systems is increasing its investments in AI technology through the backing of Oxford Dynamics, a deep tech startup specialising in automation and robotics. The defence giant is looking to incorporate Oxford Dynamics’ AI data expertise into its business, with the first stage of the collaboration seeing the embedding of the startup’s AI technology into ... Read more ›
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Deliveroo posted a loss of £19.2m for the first half of the year, citing “costs associated with the DoorDash acquisition” as the driving force. The food delivery app in its interim results for the period ended 30 June 2025 reported an 8% revenue bump from the first half of 2024, reaching £1bn off the back ... Read more ›
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UK venture capital firms are increasingly encouraging their portfolio companies to engage meaningfully with ESG issues. However, despite clear intentions, progress remains mixed across key areas such as carbon measurement, responsible AI adoption, and board-level gender diversity. ESG_VC’s annual benchmarking aims to reveal the true extent of progress by measuring indicators from firms based globally. ... Read more ›
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Tracelight, a London-based startup developing large language model (LLM) tools for the financial sector, has raised $3.6m (£2.7m) in seed funding. Financial models hold an intriguing place in the current AI climate. The complex and time consuming processes that inform long-term strategy and the movement of billions of pounds seem ripe for automation. At the ... Read more ›
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Payments firms will be required to improve safeguarding practices to protect customer money, following new rules from the UK financial regulator. From May 2026, payments businesses will be required to keep customer money separate from the company’s own funds to ensure that it will be available to be returned in the event the firm goes ... Read more ›
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Science Minister Lord Vallance has called on tech companies to develop solutions to lower energy costs and shift peak electricity demand. As the cost of household bills and the demand for energy, driven by increased digitisation and the use of AI, rises the government has launched a five year competition for experts to develop tech ... Read more ›
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Oxford Nanopore Technologies has announced it has taken legal action against MGI Australia for infringing on the company’s patents. The University of Oxford spinout said that with the launch of MGI Australia’s product, Cyclone SEQ WT-02, the company had infringed on four patents held by Oxford Nanopore in Australia. “Oxford Nanopore’s decision to commence legal ... Read more ›
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London-founded AI unicorn ElevenLabs, known for its voice generation products, has launched a music creation tool in collaboration with the music industry. Eleven Music, described by the company as the “highest quality AI music model”, allows for the speedy creation of music in a variety of styles, structures, genres and languages. AI music generation has ... Read more ›
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Analytical reasoning and creativity are among the skills most required for successfully integrating AI into your work, according to new research from upskilling platform Multiverse. Amid concerns that an over-reliance on generative AI technology can reduce critical thinking, Multiverse, the edtech unicorn founded by Euan Blair, son of former prime minister Tony Blair, conducted research ... Read more ›
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UK signups for the virtual private network (VPN) service Proton surged by almost 2,000% in the immediate hours following the enforcement of age restriction requirements under the Online Safety Act. On 25 July, sites hosting digital content deemed inappropriate for children were required by UK law to enact strict age verification requirements for users in ... Read more ›
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The Ministry of Defence (MoD) has recruited cybersecurity group Castlepoint Systems to prevent data leaks through its AI data control technology. The Canberra-based firm has been tasked with strengthening the department’s data protection to avoid harmful leaks, such as the 2022 Afghan data breach that saw the details of nearly 19,000 individuals mistakenly sent outside ... Read more ›
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Wanda Health, a platform providing remote patient monitoring and virtual care services, has extended its latest funding round to £1.9m. Based in Bristol with extensive operations in the US, Wanda Health’s platform collects health data from patients to proactively identify potential health problems, sending alerts to healthcare providers. The company secured a £1m investment in ... Read more ›
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Welcome to our new series, The Circuit. Meet our first interviewee: Your browser does not support the video tag. Christoph speaks to UKTN about Semble’s journey, striking the balance between innovation and trust and how he believes building a business is perfecting the balance between a creative act and purpose. Tell us more about Semble ... Read more ›
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The rapid expansion of digital tools in healthcare is reshaping the NHS, these innovations promise improved access and efficiency. Yet, as the sector accelerates towards a digital-first approach, it’s crucial to confront a pressing reality: significant segments of society are at risk of being left behind. Digital exclusion is more than an age issue Digital ... Read more ›
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The majority of firms in London are opposed to the recent immigration policies proposed in a controversial Home Office white paper, according to new research. At the start of July, the government released a draft policy paper outlining plans to crack down on immigration to the UK. The white paper included measures such as raising ... Read more ›
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Approov, an Edinburgh-based mobile app and API security company, has secured a £5m Series A investment to meet the rising threats facing cybersecurity. The group will use the new funds to expand its research and development team as AI presents new opportunities for cyber threats. Approov is most known for its app attestation system, used ... Read more ›
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Skyrora has been granted a launch licence from the UK Civil Aviation Authority (CAA), a major win as it works to become the first UK company to manufacture and launch a rocket into space from British soil. The Scottish rocket manufacturer has tall ambitions to support the sovereign launch capabilities of the UK, allowing access ... Read more ›
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This week’s podcast guest is Robin Heap, founder and CEO of Zest, who discusses how the cultural perception of electric vehicles has radically changed over the years, the massive growth in the UK electric car market and why the road to full electrification requires a great deal more effort from automotive firms, policymakers and consumers. ... Read more ›
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London could be on track to “overtake San Francisco in the AI era”, according to Onfido and Quench founder Husayn Kassai, as advancements in the technology reduce financial barriers. In a post on LinkedIn, Kassai, who has been working in AI for over a decade, claimed that “London has been overlooked” and contains all the ... Read more ›
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07.03.2026 22:28
Last update: 22:16 EDT.
News rating updated: 05:20.
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