The Treasury has issued a warning to regulators that it will be radically reshaping and downsizing their role amid accusations that the current system “too often holds back growth”. Chancellor Rachel Reeves said the government will aim to reduce the financial burden on businesses from regulation and administrative costs by a quarter by the end ... Read more ›
0
It wasn’t until the 1930s that the term ‘weekend’ entered the vernacular in the UK. Before then, many were used to working six days a week and resting on the sabbath day. But the mechanisation era of the 19th century brought with it huge productivity gains, changing working patterns until a five-day work week eventually ... Read more ›
0
Cloud firm Beeks Financial has struck its first partnership with a crypto exchange in a deal with San Francisco firm Kraken. Under the terms of the partnership, Beeks will offer low-latency, institutional-grade infrastructure from Kraken’s European data centre, while Kraken will rent cloud compute from Beeks’ Exchange Cloud offering. The revenue sharing agreement, with revenue recognition ... Read more ›
0
The Online Safety Act has come into force today, marking a major milestone in the UK government’s efforts to project young people from harm online. From today, media regulator Ofcom can begin enforcing the Online Safety Act’s Illegal Content codes, which require online platforms to take action to protect the public from illegal content and ... Read more ›
36
If there’s one industry the UK has always found a way to thrive in, its finance. That used to mean City-based banking and insurance giants founded long before the twentieth century. Today, those businesses still exist, but are joined by a crop of upstart, tech-focused banks that burst onto the scene in the 2010s with ... Read more ›
0
The ability to cut through the noise and reach thousands or even millions of potential customers can be the key to unlocking rapid success for startups and new businesses alike. That’s exactly what the TV Star competition, hosted by All Response Media, has provided for some of the UK’s most exciting brands. From Calm.com to ... Read more ›
0
This week’s UK tech funding deals include advanced materials firm Alloyed, SME financial management platform Mimo and more. UKTN tracked £74.1m worth of UK tech investment this week (10 March to 14 March), a 63% week-on-week decrease across eight funding rounds. Here’s your weekly roundup of UK tech startup funding deals. Alloyed – £37m Sector: ... Read more ›
0
The UK’s tech secretary is an avid user of ChatGPT, turning to the LLM for advice ranging from supporting businesses to which podcasts to appear on. Peter Kyle, head of Britain’s tech department, seems to have taken the prime minister’s calls for the public sector to embrace AI tools to heart. Kyle’s chatbot queries were ... Read more ›
0
The boss of Shein has publicly confirmed plans for an initial public offering for the first time, but has yet to set out a timetable for a float. In an interview with the Financial Times, executive chairman Donald Tang did not offer a data or a prospective valuation for the e-commerce giant, but said “you’d ... Read more ›
0
Atoa, a London-based fintech startup, has been approved as an Authorised Payment Institution by the Financial Conduct Authority (FCA), allowing it to take on the crowded open banking payments market. The startup was launched in 2022 by Sid Narayanan, a former banker at Standard Chartered turned tech entrepreneur who previously founded Singapore-based proptech firm Greyloft. ... Read more ›
0
Zero Point Motion, a Bristolian sensor tech startup has emerged from stealth with £4m in pre-Series A funding. The company intends to scale up its team rapidly with the new funds as it attempts to build its positioning and navigation sensors for defence, space exploration and autonomous systems. Zero Point Motion’s sensor technology is based ... Read more ›
0
A specialist doctor recently apologised for spending so much time typing up her appointments with my daughter, and the delay we’d see in the follow-up paperwork being sent through to us. She said she had so much admin to do and could only catch up in her own time, despite having her own family to ... Read more ›
12
A Venture Capital Trust run by early-stage investor Fuel Ventures is now available through Hargreaves Lansdown’s online VCT investment service as it seeks to widen its appeal to a growing range of investors. The firm said the move will broaden access to exciting venture capital opportunities, supporting the growth of dynamic UK businesses and offering attractive ... Read more ›
0
DeepSeek’s free-to-use open source AI models could be used by bad actors to generate dangerous malware whilst exhibiting lacklustre guardrails, new research has found. Governments and regulators have been warning of the possibility of LLMs like ChatGPT and Gemini being used to create dangerous code since the modern scale of generative AI was revealed to ... Read more ›
0
For ambitious startups and small businesses, brand visibility is everything. A strong marketing strategy means you give your brand the best possible opportunity for ‘exponential growth’. That’s why the TV Star competition, hosted by All Response Media in partnership with us, Sky Media, Founders Factory, Transmission and Astus Group, is an opportunity no entrepreneur should ... Read more ›
0
The government hopes to save as much as £45bn spent on public services through tech upskilling and the outsourcing civil service work to AI. In a speech made on Thursday, Prime Minister Kier Starmer said the state had grown larger but weaker and a digital transformation was required to “deliver for working people”. “If we ... Read more ›
0
Shares in Deliveroo fell as much as 9% on Thursday despite the firm posting its first full year of profit. Deliveroo stock dipped to £1.14 as the London-based delivery app reported a swing from a £31.8m loss for the year ended December 2023 to a total profit of £2.9m at the end of last year. The ... Read more ›
0
Trainline shares sunk as much as 15% in early London trade as the travel e-commerce firm warned it would have to compete with a new government superapp. The London-based business pointed to a clarification made by the government in its rail industry consultation published last month, in which it said it planned to combine the ... Read more ›
0
While working in Singapore, I once openly challenged a fellow Western colleague during a business meeting. An hour later, we shared a friendly lunch as if nothing had happened. A Singaporean colleague was puzzled. “How can you two be so friendly after such a disagreement?” It highlighted an important cultural difference: Western management techniques like ... Read more ›
0
Merx, the developer of a conversational AI tool for brand communications, has raised £1m as companies look to automation to meet customer demands. AI is increasingly being used in customer facing roles. From chatbots built into banking apps to AI-manned call centres to an automated hotel concierge, the allure of expanding customer support without scaling ... Read more ›
11
Most popular sources
Wired
|
30% 4 |
Business Insider
|
27% 1 |
Gizmodo
|
10% 6 |
Vox
|
6% 3 |
The Verge
|
5% 4 |
| View sources » | |
LIKE us on Facebook so you won't miss the most important news of the day!
01.04.2025 22:06
Last update: 22:00 EDT.
News rating updated: 05:01.
What is Times42?
Times42 brings you the most popular news from tech news portals in real-time chart.
Read about us in FAQ section.