The UK’s plan to designate AI Growth Zones may not be beneficial to the wider economy, warned Séamus Dunne, SVP managing director for UK and Ireland at Digital Realty. AI Growth Zones is a concept that originated from the government’s AI Opportunities Action Plan which called for targeted action in a handful of regions to ... Read more ›
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Harwell-based space tech group Magdrive is set to launch its new electric plasma propulsion thruster for its first in-orbit demonstration. The ‘Going Rogue’ mission launch, expected to take place on Saturday 21 May, will test Magdrive’s Rogue thruster, which it describes as a radically new propulsion system that uses solid metal turned into fuel to ... Read more ›
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This week’s UK tech funding deals include banking service provider Aspora, AI legal tech CaseCraft.AI and more. UKTN tracked £40.37m worth of UK tech investment this week (16 June to 20 June), a 42% week-on-week decrease across four funding rounds. Here’s your weekly roundup of UK tech startup funding deals. Aspora – £39m Sector: Fintech HQ: London ... Read more ›
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Matt Clifford, the founder of Entrepreneurs First who has been a key figure in the previous two government’s AI policy, has announced he will be stepping back as the prime minister’s AI advisor at the end of July. Announced on LinkedIn, Clifford said he is ending his “tour of duty” for personal reasons, notably to ... Read more ›
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The £250m funding boost for aerospace tech projects unveiled by government this week will provide the industry with the “confidence and stability it needs to fuel innovation” according to Airbus UK chairman John Harrison. The funding will drive the development of greener air travel and net zero aviation, including hydrogen-powered flight and the use of ... Read more ›
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Dr Sonia Szamocki is a former NHS doctor and the founder and chief executive of 32co, a healthcare platform trying to improve patient access to specialist treatments by connecting clinicians to specialists across the UK. In this week’s Founder in Five Q&A, Szamocki discusses the importance of taking (harsh) criticism, why health tech is such a ... Read more ›
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The UK data regulator’s £2.31m fine issued to gene testing company 23andMe has been described by one industry commentator as “substantial but justified” due to the firm’s breach of “the most basic security practices”. This week, the Information Commissioner’s Office (ICO) issued 23andMe, known for its popular personal DNA history tests, a fine for failing ... Read more ›
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Catalyst, a non-profit science and technology hub in Belfast, has announced the appointment of Sir David Sterling to its board. Sterling spent decades in the Northern Irish Civil Service, becoming its highest-ranking officer in 2017 before stepping down in 2020. He will support the work of Catalyst, which provides workspaces, mentorship and networking opportunities to ... Read more ›
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A recent cyber attack on Oxford City Council has showcased how at risk local authorities are from cybercriminals, according to cybersecurity solution Hackuity. The attack, which took place on 7 and 8 June, saw an unauthorised presence breach the council’s network. “Local authorities remain high-value targets for cybercriminals,” said Sylvain Cortes, Hackuity’s VP of strategy. ... Read more ›
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The Treasury has created a new role to offer entrepreneurs a direct line to the government. Alex Depledge MBE, founder of proptech start-up Resi, will be the first to hold the title of Entrepreneurship Adviser which will involve liaising with the start-up community to provide expert insight to the department. “We have a long list ... Read more ›
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Four research hubs tasked with improving sustainability of key manufacturing processes with technology will be backed by £44m of funding delivered by UK Research and Innovation (UKRI). Each hub will focus on a critical area of manufacturing and will support businesses adopting new technologies and transition to the net zero economy. IGNITE The first of ... Read more ›
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The finance function is undergoing a profound transformation, driven by the rapid adoption of AI, automation and data analytics. But, as the industry modernises, a persistent leadership challenge remains: the gender gap in senior finance roles. Technology is proving to be a double-edged sword; while it holds tremendous promise for advancing women in finance, a ... Read more ›
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Investment groups Northern Gritstone and Parkwalk Advisors have jointly launched the Northern Universities Venture Fund targeting early-stage, IP-rich, science and deeptech opportunities at four major northern universities. The fund, an Enterprise Investment Scheme (EIS) vehicle, will look for promising startups coming from the Universities of Leeds, Liverpool, Manchester and Sheffield. The investment vehicle will be ... Read more ›
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SBI-backed quantum computing company Oxford Quantum Circuits (OQC) claims to have significantly progressed on the path to commercially viable technology with the release of new research on error detection. The company has been able to detect errors in a more hardware efficient manner, in what OQC describes as “key” to unlocking the commercial potential of ... Read more ›
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Immigration policy must not “act as a roadblock” to accessing vital digital skills as the UK heads towards its modern Industrial Strategy plan, according to Ben Bisland, head of the technology industry at professional service group RSM UK. Bisland said that while government efforts to support the tech sector are promising, including funding boosts for ... Read more ›
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The Home Office’s efforts to secure backdoor access to Apple’s encrypted customer data for national security purposes has been blasted as “illogical” by a leading figure from the Internet Society. Robin Wilton, senior director for internet trust at the non-profit organisation, told UKTN that he cannot see the logic behind the Home Office’s legal battle with ... Read more ›
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Lesley Cowley, a British businesswoman who previously ran Nominet UK, has been named as the new chair of Building Digital UK (BDUK), a government agency tasked with rolling out fast broadband and mobile coverage across the country. Appointed by Technology Secretary Peter Kyle, Cowely will advise and support the BDUK executive team on the delivery ... Read more ›
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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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11.07.2025 19:27
Last update: 19:16 EDT.
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