New research has revealed that a majority of UK company directors hold negative views of their boardâs contribution to the business, commonly citing a mismatch when it comes to innovation strategies. As much as 51% of directors in Britain lack faith in their boards of directors, citing issues including rigidity and inconsistency, as revealed by ... Read more âș
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The takeover and delisting of FTSE 250 fintech Alpha Group by US company Corpay is still on the cards despite the London-based firm rejecting previous approaches. Corpay, listed on the New York Stock Exchange, confirmed in May that it had approached Alpha, a foreign exchange specialist, with a possible cash offer for its entire issued ... Read more âș
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Law firm Pinsent Masons has agreed a strategic partnership with ContractPodAi, a legal AI solutions and contract lifestyle management platform. At the centre of the collaboration is the adoption of Leah, ContractPodAiâs agent AI platform, as a core technology powering Pinsent Masonsâ managed legal services offering. The partnership will also include joint investments in developing ... Read more âș
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A new report by data-sharing platform Raidiam has uncovered what it calls an API âsecurity crisisâ as over 80% of monitored firms operating outside regulated frameworks have API protections that fall short. The report, entitled Helping Enterprises Recognise and Address Critical Risk, profiled the security of 68 organisations spanning across fintech, payments SaaS and enterprise ... Read more âș
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Labour has stuck to its guns on its pledge to reduce the regulatory burden on businesses. This week, it was announced that there would be a reversal of reforms to Companies House requirements. Under legislation brought in by the previous government, firms that were previously exempt from publishing detailed annual accounts on Companies House due ... Read more âș
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This weekâs UK tech funding deals include AI-powered logistics firm HIVED, Belfast-based safety tech developer Inclutech and more. UKTN tracked ÂŁ60m worth of UK tech investment this week (30 June to 4 July), a 90.5% week-on-week increase across six funding rounds. Hereâs your weekly roundup of UK tech startup funding deals. HIVED â ÂŁ31m Sector:Â Logistics ... Read more âș
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The AI Security Institute has launched a hiring push for experts to address the rapidly rising danger of AI-empowered cybercriminals. The UK government agency was originally formed as the AI Safety Institute, following the AI Safety Summit in 2023, to assess the safety risks of frontier AI. Earlier this year the group was given a ... Read more âș
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Debenhams Group will accelerate the adoption of AI across its portfolio of UK fashion and lifestyle brands through an extended multi-year agreement with cloud provider Amazon Web Services (AWS). The group already uses AWS cloud services on the Debenhams platform, but will now embed AWS technology across its other UK brands following a successful rollout, ... Read more âș
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Tom Wallace-Smith and Talmon Firestone are the founders of Astral Systems, a Bristol-based deep tech group developing and commercialising multi-state fusion reactor technology. In this weekâs Founder in Five Q&A, Wallace-Smith and Firestone discuss the importance of embracing difficult challenges, why believing in your mission is the best form of motivation and why fusion is a ... Read more âș
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UK sales of electric vehicles (EVs) soared by a third in the first half of the year, with new registrations reaching 224,841 according to industry figures. Despite strong sales growth, the market share of battery electric vehicles was just 21%, below the government-issued mandate of 28% of new car sales for 2025, according to the ... Read more âș
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London-based digital bank Zopa is set to open a new office in Manchester as part of its UK growth ambitions. The fintechâs Manchester location is set to launch in early August, with initial plans to recruit around 50 staff focusing on product, engineering and specialist operations. The challenger bank aims to grow its northern workforce ... Read more âș
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British venture capital firm Celero Ventures has opened its first investment fund, targeting ÂŁ20m for early-stage European software startups. The new fund aims to invest in up to 25 companies in the UK and Europe, with an emphasis on AI, data tooling and infrastructure software. Based in London and Jersey, Celero Ventures was founded by ... Read more âș
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The third round of the UK-wide engineering biotech accelerator programme from startup incubator Science Creates and government-run tech financier UK Research and Innovation (UKRI) has launched. The programme provides equity-free support for early-stage bioengineering projects, with participants receiving payment throughout the run to focus on their ventures. The accelerator, funded by the Technology Missions Fund, ... Read more âș
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AI is changing our lives. People use it for help with everyday tasks â from online banking to getting creative. Employers are investing in technology, and for the first time, AI is joining the workforce. With its potential to lift productivity, technology can be harnessed for good in many ways. But itâs too simplistic to ... Read more âș
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The UK Space Agency is inviting firms to bid for a major new procurement contract, worth ÂŁ75.6m, in an effort to tackle the âgrowing threat of space debrisâ. The Active Debris Removal missionâs goal is to capture and safely de-orbit two non-functioning British satellites from low Earth orbit. The agency said these defunct satellites currently ... Read more âș
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London-based quantum firm Orca Computing has appointed industry veteran Erik Langaker as its chairman of the board as it looks to the next phase of growth. With more than 30 years in tech, Langaker is seen by the company as a steady hand with global recognition that can lend the firm his leadership and insight. ... Read more âș
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AI-powered delivery service HIVED has raised $42m (ÂŁ31m) in a Series B funding round. The funding will be used to accelerate hiring, fuel HIVEDâs expansion into several new UK cities, and further develop its proprietary models. The firmâs proprietary logistics intelligence platform, HIVEDmind, uses AI, real-time data and modern architecture to connect retailers, warehouses, drivers ... Read more âș
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The opening of a new office space is not always particularly remarkable, but at the launch of Synthesiaâs new London headquarters, the rising AI star made quite the splash. On the third floor of Regentâs Place bordering Fitzrovia and Camden, Synthesiaâs co-founder and chief executive Victor Riparbelli was joined by Technology Secretary Peter Kyle, Mayor ... Read more âș
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UK AI startups have raised $2.4bn (ÂŁ1.7bn) in venture capital funding in the first half of the year, marking the highest share of VC investment for the sector on record. AI companies represented 30% of all venture capital funding secured by British companies in the first half of 2025, up from the 13% share recorded ... Read more âș
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Property operations platform Plentific has launched new readiness scorecards to support resident safety and for the UK housing sector to prepare for the implementation of Awaabâs Law in October. The scorecards aim to help social landlords assess their compliance risks and take informed action. From October, Awaabâs Law will introduce a new legal duty for ... Read more âș
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14.05.2026 01:56
Last update: 01:50 EDT.
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