When Rachel Reeves called the 2024 Autumn Budget a “once-in-a-Parliament reset”, many in the UK’s tech sector breathed a cautious sigh of relief. The promise was simple: fewer shocks and a framework that businesses could plan around. “We will never need to do another Budget like this again,” Reeves said at a Treasury Committee meeting ... Read more ›
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London’s life sciences sector has seen a 60% surge in venture capital investment this year, cementing its status as Europe’s powerhouse for the industry. Data released alongside London Life Sciences Week revealed that the UK capital pulled in $2.1bn in VC funding for the sector so far in 2025, up from $1.3bn the previous year. ... Read more ›
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Barclays has joined Salica Investments as a cornerstone investor in its £150m Growth Debt Fund II, targeting high-growth innovation-led businesses in the UK. The bank joined as investor following Barclays Entrepreneurs Week 2025, in line with its innovation banking strategy. “Barclays is committed to powering the UK’s innovation economy, by helping ambitious founders and innovators ... Read more ›
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The government has proposed new laws to strengthen the UK’s resilience against cyber attacks as the threat of breaches grows. The laws would cover certain digital and essential services, notably the NHS, as well as energy, transport and water. Under the proposals, IT service providers for organisations like the NHS will be regulated due to ... Read more ›
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Former Skyscanner chief financial officer Shane Corstorphine has called for an end to the ‘fragmented’ support given to Scottish tech firms in a report outlining a plan for growth in the nation’s tech economy. In a new report, ‘Scaling Scotland: Building the Engine for the Next 50 Years of Prosperity’, by Corstorphine and a panel ... Read more ›
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AlphaSense is an AI-powered market intelligence platform that is used to inform high-level decision-making. The firm has been involved in AI since its founding in 2011, recognising even then that the technology and its relationship with data would come to play a critical role in how businesses operate. In an exclusive interview with UKTN, AlphaSense’s SVP ... Read more ›
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Skills training opportunities for AI among UK businesses have fallen far behind the demand, according to new data from Accenture. In a recent report from the consultancy, it was found that in the UK as many as 78% of professionals are using generative AI at least weekly in their work, but only 24% have had ... Read more ›
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When ChatGPT 5 was launched earlier this year everyone expected a huge step forward in its capabilities. As it turned out, there was trivial improvement in what it can accomplish. There’s a simple reason for this slowdown in progress: we’re running out of data, prompting a scramble, and billions of pounds of investment, to create synthetic ... Read more ›
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A startup that claims to be able to stop scams before payments are made has secured $2m (£1.5m) in pre-seed funding. Founded in 2024, FALKIN has developed a range of AI digital safety tools to analyse manipulation techniques and signs of deception commonly used by scammers across various communication channels. These tools can be embedded ... Read more ›
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The UK is hoping to increase ties with the technology industry of China as Science Minister Lord Patrick Vallance leads a delegation of academics and tech figures on a trip to the nation. Vallance’s delegation will meet with Chinese politicians, academics and business leaders in Beijing on Tuesday to discuss areas where the UK and ... Read more ›
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This week’s podcast guest is Dame Ottoline Leyser, former chief executive of UKRI and chair of the advisory board of Innovate Cambridge, who discusses the research and business success from the University of Cambridge and how that can be applied throughout the country, government plans to support a global Oxford-Cambridge tech hub and the power ... Read more ›
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A new report has called for a series of targeted efforts from policymakers to encourage greater investment in the North East tech sector to ensure its growth. The ‘Now and Next – The Finance Needs of the North East Tech Sector’ report by Dynamo North East C.I.C. noted that while the region is home to ... Read more ›
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HLB International is celebrating the success of its inaugural Innovation Symposium. The event set out to give professional services a first-hand look at what innovation means in their ecosystem, gathering key partners to explore key trends that should be adapted to and prepared for. “One of the key objectives of our symposium is to question ... Read more ›
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The UK tech ecosystem pulls in the highest proportion of Japanese investments in all of Europe, receiving almost half of the total capital, according to new research. As much as €33bn (£29bn) of Japan-linked capital has been invested in European tech since 2019, with the UK receiving £12.7bn of it, by far the most in ... Read more ›
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Budding entrepreneurs in Northern Ireland will be able to benefit from dedicated support in building new startups as part of a partnership between Ulster University and Catalyst. Catalyst is a non-profit based in Northern Ireland which serves as a science and technology hub that offers workspaces, mentorship programmes and networking opportunities to local founders. Through ... Read more ›
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An open letter signed by over 150 figures in the tech startup ecosystem has urged the chancellor to not include an exit tax in her upcoming budget. Arranged by the Startup Coalition, the letter claims a tax on business owners moving their companies outside of the UK would “tell founders that their ideas and innovations ... Read more ›
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AI Score, a London-based startup that has created an AI governance and management platform, has emerged from stealth with more than $1m (£760,000) in funding. Built within GALLOS Technologies, a venture studio for security, defence and resilience companies, AI Score aims to allow organisations to use automation technology safely. The group’s platform is used to ... Read more ›
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Bumper, a fintech group that offers flexible payment structures for automotive businesses, has secured authorisation for consumer credit lending in the UK. The Sheffield-based firm is now authorised by the Financial Conduct Authority (FCA) to launch its new service PayLonger. Bumper’s flagship product PayLater works similarly to traditional buy now pay later (BNPL) offerings, spreading the ... Read more ›
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This week’s UK tech funding deals include AI-powered litigation platform TrialView, solar panel modification company Cambridge Photonic Technology and more. UKTN tracked £9.9m worth of UK tech investment this week (3 November to 7 November), a 95% week-on-week decrease across five funding rounds. Here’s your weekly roundup of UK tech startup funding deals. TrialView – ... Read more ›
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Shares in online property listing platform Rightmove tumbled by as much as 28% on Friday after the firm dropped its profit guidance following investments into AI. The company has projected its operating profit to grow 3-5% next year, down from an earlier forecast of 9%, with AI investments suggested as the reason for the dip. ... Read more ›
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05.12.2025 05:30
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