The UK’s Data (Use and Access) Act brings useful updates to the country’s data protection regime – particularly for research-driven and tech-forward businesses – but it doesn’t rewrite the rulebook. The Act introduces clarification and incremental changes rather than wholesale reforms. While it leaves much of the substance of the UK GDPR intact, it offers ... Read more ›
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A coalition of UK-based transport technology firms have demanded clarity from the government on a crucial deadline determining when the wide rollout of autonomous vehicles in British cities can take place. The group, which includes trade body Intelligent Transport Systems UK and parking data company AppyWay, has sent an open letter to Minister for Future ... Read more ›
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In a bidding war between two US private equity giants, KKR has outbid Advent International to takeover UK software firm Spectris in a deal worth £4.7bn including debts. Under the terms of the agreed acquisition, shareholders will receive £40 per share; a 6.3% increase of the £37.63 per share deal Advent had previously offered in ... Read more ›
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NHS patients nationwide will get accelerated access to cutting edge technology through a new digital system that promises to cut red tape and boost life sciences. A new so-called ‘innovator passport’ is set to introduced over the next two years, and will allow new technology that has been assessed by one NHS organisation to be ... Read more ›
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Global communications giant Havas is to open a state-of-the-art office in Manchester’s Knowledge Quarter, within one of the city’s largest new developments. The 31,500 sq ft hybrid workspace is situated within Bruntwood SciTech’s £87m No.3 Circle Square development. This move will see Havas’ six Manchester-based agencies come under one roof, which involves the relocation of ... Read more ›
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AI home monitoring, smell detectors and new transcription tools are among the tech projects under consideration for pilots by the Ministry of Justice. A total of seven tech firms have presented pitches to Prisons and Probation’s Minister James Timpson as part of a Ministry of Justice scheme to incorporate new tech into criminal management. The ... Read more ›
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“Fragmented rules” and “regulatory complexity” are slowing down the release of financial products, according to Technology Secretary Peter Kyle. Speaking at the financial conference City Week, Kyle announced the recently formed Regulatory Innovation Office, an agency tasked with cutting red tape and improving efficiencies among regulators, would target restrictions that he claimed were holding back ... Read more ›
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The British Private Equity and Venture Capital Association (BVCA) has identified £190bn of funds held by investors expected to be deployed over the next five years. The investment trade body, which gathered the data from over 2,000 funds, has therefore published a series of recommendations on how the untapped funds can be used to most ... Read more ›
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Life science startup Laverock Therapeutics has extended it seed round to more than £20m with additional backing from new and existing investors. The company, which uses gene control technology to support the development of disease-responsive advanced therapies, raised £13.5m in 2023 seed round. The seed extension investment follows the successful development of the company’s platform. ... Read more ›
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Inclutech, a Belfast-based company specialising in public and personal safety solutions, has secured an investment of £400,000 to accelerate the commercialisation of its products. The company’s flagship product is TapSOS, an app for those in need of emergency services who are unable to speak. TapSOS is the first, and so far only, government-accredited app for ... Read more ›
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The British Business Bank has unveiled a new Open Office Hours initiative for emerging or potential female investors considering making an application to one of the bank’s equity programmes. The Emerging Female Investor Open Office Hours initiative aims to offer an open and informal space for emerging or potential female investors and is open to ... Read more ›
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This week’s podcast guest is Ahti Heinla, CEO of Starship Technologies and one of the original creators of Skype, who discusses the surprising truth behind Estonia’s digital transformation over the past three decades, the massive and enduring impact of Skype and why whether its video calls or delivery robots, his businesses have always been the ... Read more ›
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June marked a milestone moment for UK tech. At London Tech Week, the prime minister delivered his first major address backing the sector, underscoring the government’s ambition for Britain to lead in the global innovation race. Announcements followed thick and fast – from the long-awaited Industrial Strategy, to a national push on skills. One year ... Read more ›
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Global tech company HCLTech has announced a multi-year strategic collaboration with OpenAI to drive large-scale enterprise AI transformation. This collaborations aims to enable HCLTech’s clients to leverage OpenAI’s portfolio alongside HCLTech’s applied AI offerings for scaled generative AI deployment. Giancarlo ‘GC’ Lionetti, chief commercial officer at OpenAI, explores the reasoning behind the new partnership. “HCLTech’s ... Read more ›
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Despite AI and machine learning becoming top priorities for the public sector, digital literacy and leadership have emerged as major barriers for digital transformation according to new research by Granicus. The research, commissioned by the customer engagement and experience platform in partnership with Censuswide, gathered insight from public sector workers in central government, local government ... Read more ›
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Argo Blockchain, a London-listed cryptocurrency mining company, has secured a loan to finance a restructuring that is “necessary to avoid an uncontrolled insolvency and liquidation”. The Bitcoin miner announced in its delayed 2024 financial results back in May that there was a “significant doubt” over its continued operations, with its shares briefly being suspended from ... Read more ›
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The government is exploring how it can improve the UK’s energy grid to meet the intensive power demands of the growing AI sector. First convened in April, the AI Energy Council is a joint effort from the Department for Energy Security and Net Zero and the Department for Science, Innovation and Technology, co-chaired by their ... Read more ›
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The state of cybersecurity in the UK has reached a chilling level of vulnerability as cyber criminals have become better than ever at exploiting weaknesses, according to an expert in the field. “The reality is, the bad guys are doing a better job than the good guys in terms of successfully infiltrating organisations, compromising users ... Read more ›
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The Financial Reporting Council (FRC), an independent regulator responsible for auditors, accountants and actuaries, has released its first-ever guidance on the use of AI technology in financial audits. New AI tools are increasingly being used in audits, according to the FRC, obliging the group to establish best practices and avoid negative impacts. Numerous industries are ... Read more ›
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This week’s UK tech funding deals include AI hiring company Metaview, social care digital platform Elyndra and more. UKTN tracked £31.5m worth of UK tech investment this week (23 June to 27 June), a 22% week-on-week decrease across four funding rounds. Here’s your weekly roundup of UK tech startup funding deals. Metaview – £25.5m Sector: AI ... Read more ›
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14.05.2026 03:13
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