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UK Tech News
Oscar Hornstein @ UK Tech News · 05/20/2025 04:47 EDT

UKRI sees 600% rise in cyber-attacks in 2025

UK Research and Innovation (UKRI), Britain’s national scientific funding agency, has been targeted by 5.4 million cyber-attacks already this year, a 600% on the previous year.  Official figures disclosed from an FOI request from the Express revealed that UKRI, the largest public research funder in the country, in the first four months of 2025 saw ... Read more ›

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UK Tech News
Oscar Hornstein @ UK Tech News · 05/20/2025 04:00 EDT

Senior managers most likely to adopt AI at work, research finds

Senior managers are leading the charge when it comes to adopting and integrating AI in the UK, new research has revealed. The majority (57%) of senior managers are already actively using AI in their work, compared with 45% of employees, according to a survey of more than 3,000 workers across different levels of seniority conducted ... Read more ›

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UK Tech News
Oscar Hornstein @ UK Tech News · 05/20/2025 03:00 EDT

Lloyds and Nationwide-backed financial gen AI model launches

FinLLM, a British-made generative AI model for the financial services sector backed by Lloyds and Nationwide, has launched.  Developed by Scottish group Aveni, the financial large language model has been trained on the UK’s stringent regulatory compliance, safety and performance requirements.  According to Aveni, FinLLM works similarly to existing AI chatbot tools like ChatGPT and ... Read more ›

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UK Tech News
UKTN @ UK Tech News · 05/20/2025 00:00 EDT

The road ahead for UK investors – Sam Nasrolahi, principal, InMotion Ventures

This week’s podcast guest is Sam Nasrolahi, principal at InMotion Ventures, who discusses the difference between corporate investment arms and standard venture capital, why UK companies often don’t scale up in Britain and the impact of the turbulent tariff policies in the United States.  InMotion Ventures is the investment arm of British automotive group Jaguar ... Read more ›

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UK Tech News
Oscar Hornstein @ UK Tech News · 05/19/2025 08:24 EDT

British YouTube group Sidemen launch new VC firm

The Sidemen, a group of British YouTubers with a combined following of over 150 million, have launched a new venture capital firm targeting consumer tech startups.  The new firm, known as Upside, will aim to find up-and-coming consumer tech firms to invest in and promote across the group’s popular social channels.  The firm has already made ... Read more ›

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UK Tech News
Jessica Nangle @ UK Tech News · 05/19/2025 06:00 EDT

WATCH NOW: Measurable outcomes in digital product delivery

At a time when software can be developed faster than ever, a panel of tech leaders made a strong case for rethinking how we define success in product delivery. Their message was clear: traditional frameworks and outdated KPIs are no longer enough — what matters now is impact. The conversation centred around a shared frustration: ... Read more ›

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UK Tech News
Oscar Hornstein @ UK Tech News · 05/19/2025 05:31 EDT

PISCES is coming in June, what UK tech needs to know 

Details of the Private Intermittent Securities and Capital Exchange System (PISCES) has now been unveiled.  Now under a month until launch, this is what UK tech needs to know about the new investment framework.  What is PISCES?  PISCES is a framework developed by UK financial regulators as an IPO-alternative for companies to openly offer shares ... Read more ›

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UK Tech News
Jessica Nangle @ UK Tech News · 05/19/2025 05:13 EDT

Revolut expands European presence

Global fintech Revolut has unveiled a new Western Europe HQ in Paris, aligned with its application for a French banking licence to support regional growth. The firm made the announcement as part of today’s Choose France Summit, and as part of its expansion, the company is set to invest more than €1bn in the region ... Read more ›

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UK Tech News
Oscar Hornstein @ UK Tech News · 05/19/2025 04:00 EDT

AI becomes the UK’s fastest growing skills gap, report finds 

Artificial intelligence has become the UK’s largest and fastest developing skills gap in 15 years, according to new research.  AI has jumped from the fifth most scarce technological skill in the UK to the top in just 18 months, according to the Nash Squared/Harvey Nash report.  The report’s survey of UK tech leaders found that ... Read more ›

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UK Tech News
Oscar Hornstein @ UK Tech News · 05/19/2025 03:00 EDT

Government to set 10-year R&D funding budget 

The Department for Science, Innovation and Technology (DSIT) will unveil a new 10-year research and development budget to provide long-term certainty to researchers and industry.  R&D budgets have traditionally been set annually, which has been a source of criticism from the tech industry and research teams who struggle to make long-term plans and investments without ... Read more ›

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UK Tech News
UKTN @ UK Tech News 1 place · 05/16/2025 10:42 EDT

UK tech funding roundup: This week’s deals from Ascendx to Martello

This week’s UK tech funding deals include CRM provider Ascendx, satellite manufacturer Space Forge and more. UKTN tracked £230.8m worth of UK tech investment this week (12 May to 16 May), a 291% week-on-week increase across 10 funding rounds. Here’s your weekly roundup of UK tech startup funding deals. Ascendx – £83m Sector: SaaS HQ: London Round: Early ... Read more ›

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UK Tech News
Taco Engelaar @ UK Tech News 2 place · 05/16/2025 06:30 EDT

Britain’s creaking energy grid risks short-circuiting UK growth

55 million. That’s the number of people who lost power during the blackout in the Iberian Peninsula. Transport came to a standstill, surgeries were postponed, teachers taught in the dark, families ate by candlelight. Onlookers described it as “post-apocalyptic.” The saga was a brutal reminder that no modern society is as self-sufficient as it thinks. ... Read more ›

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UK Tech News
Jessica Nangle @ UK Tech News 3 place · 05/16/2025 06:00 EDT

Upvest founder: Acting decisively is crucial

Martin Kassing is the founder and chief executive of Upvest, a platform founded in 2017 that enables fintechs to offer their end users the full range of investment opportunities and brokerage services securely and across international borders. The Berlin-headquartered firm has been FCA licensed since October 2024 and raised €100m in its latest Series C ... Read more ›

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UK Tech News
Oscar Hornstein @ UK Tech News · 05/16/2025 05:47 EDT

NHS urges suppliers to commit to stronger cyber defence 

The NHS has urged its suppliers in an open letter to commit to stronger cybersecurity practices amid rising threats.  Britain’s health service has called on its suppliers to agree to a voluntary cybersecurity charter that aims to shore up the NHS supply chain and critical systems in the face of a ransomware “endemic”.  A handful ... Read more ›

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UK Tech News
Oscar Hornstein @ UK Tech News 1 place · 05/16/2025 04:48 EDT

UK public sector is not ready for AI transformation, report warns 

The UK public sector is not ready to implement the AI and digital transformation schemes championed by the government, according to new research.  Though Prime Minister Keir Starmer and Tech Secretary Peter Kyle have made bold claims about the transformative power of AI on public services and the billions that can be saved, a new ... Read more ›

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UK Tech News
Oscar Hornstein @ UK Tech News · 05/16/2025 04:00 EDT

AI risk assessment platform Martello scores ÂŁ1.2m round

Martello, a platform using AI to conduct environmental risk assessments, has secured £1.2m in its latest funding round. The startup has developed technology that aims to make risk analysis in property transactions faster and more effective. Environmental assessments are a key process in any property transaction that often relies on vast volumes of data points ... Read more ›

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UK Tech News
Oscar Hornstein @ UK Tech News · 05/16/2025 03:00 EDT

UK consumers uncomfortable with digital IDs, research finds

New research has revealed that a significant portion of UK consumers are uncomfortable with digital identification, despite a push from the government to embrace digital ID technology. Research from fintech group Checkout.com, in partnership with YouGov, found that a third of UK consumers are not comfortable with having an internationally recognised digital ID card or ... Read more ›

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UK Tech News
Oscar Hornstein @ UK Tech News · 05/15/2025 09:00 EDT

A balancing act

Labour has had a complex relationship with Big Tech since it took power last year.  There have been a few dustups, most recently when the Home Office demanded Apple include a backdoor into its encryption for the sake of “national security”.  But despite the occasional row, the messaging from the incumbents seems to be that ... Read more ›

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UK Tech News
Oscar Hornstein @ UK Tech News · 05/15/2025 06:11 EDT

Quantinuum expands to Qatar with $1bn joint venture 

Quantinuum, the world’s largest quantum computing firm, is launching what it claims will be a $1bn (£753m) joint venture with Qatari group Al Rabban Capital.  Jointly headquartered in Cambridge and the US, Quantinuum aims to accelerate adoption of quantum technology in the Middle East and strengthen the company’s position as a leading figure in the ... Read more ›

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UK Tech News
Oscar Hornstein @ UK Tech News · 05/15/2025 05:16 EDT

Employee benefits platform Origin launches with ÂŁ15.8m round

Origin, a platform to manage employee benefits, has launched with $21m (£15.8m) in Series A funding.  The platform brings together data from the benefits programmes of staff across a select company, including multi-national businesses dealing with different languages and regulatory regimes.  “We created Origin because global benefits teams urgently need clarity, efficiency, and control,” said ... Read more ›

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