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. âWe have a long list ... Read more âș
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Four research hubs tasked with improving sustainability of key manufacturing processes with technology will be backed by ÂŁ44m 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 âș
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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 âș
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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 âș
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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 âkeyâ to unlocking the commercial potential of ... Read more âș
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Immigration policy must not âact as a roadblockâ 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 âș
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The Home Officeâs efforts to secure backdoor access to Appleâs encrypted customer data for national security purposes has been blasted as âillogicalâ by a leading figure from the Internet Society. Robin Wilton, senior director for internet trust at the non-profit organisation, told UKTNÂ that he cannot see the logic behind the Home Officeâs legal battle with ... Read more âș
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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 âș
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Photonic, a Canadian quantum computing firm, is set to invest over ÂŁ25m 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 âș
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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 ÂŁ670m 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 âș
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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 ÂŁ13.2bn ... Read more âș
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The Payments Association has expressed concern on the Financial Conduct Authorityâs (FCA) proposed ban on using credit cards to purchase crypto, stating that consumers âshould be empowered to make informed choices within predefined credit limitsâ. In a formal response to the DP25/1 discussion paper, the association claims that the proposed ban âseems to equate crypto purchases ... Read more âș
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UK healthcare logistics start up Apian has unveiled initial details about the expansion of the NHS drone delivery network in London. Matternet will be marking its operational debut in the region by joining Apianâs multi-operator platform. The Californian firm specialises in urban drone delivery, carrying lab samples, pharmaceuticals and medical supplies in Switzerland since 2017 ... Read more âș
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An argument between Getty Images and Stability AI about some weird photographs and wonky watermarks has turned into the most significant copyright case in recent history. It will decide just how powerful UK copyright really is. It comes at an interesting time, putting the focus on the High Court as it grapples with these issues ... Read more âș
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Data and technology company Experian has added digital bank Monzo to its Support Hub service. Experian Support Hub is a free-to-use platform which allows users to share their access needs with multiple businesses in one go. As part of the partnership, Monzoâs UK customers will now be able to share their access and support needs. ... Read more âș
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Enhanced AI-powered digital experiences will be making a debut at the next Wimbledon Championships fortnight starting at the end of June. A âMatch Chatâ interactive AI assistant will be launched that will allow tennis fans to ask for, and receive, real-time insights and analysis during ladiesâ and gentlemenâs singles matches. This launch will also run ... Read more âș
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Pillar, a London-based fintech founded to give immigrants moving to a new country access to credit, has been acquired by international payments firm LemFi. LemFi, which provides multi-currency accounts to send and receive money internationally, said the acquisition was to accelerate its goal of empowering immigrant communities with accessible financial services. Founded 2021, Pillar raised ... Read more âș
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Astroscale UK, the British subsidiary of Tokyo-based space tech group Astroscale, has been awarded a contract worth over ÂŁ5m from the Ministry of Defence (MoD) to gather data about space weather. As highlighted in a recent report from Lloydâs of London, extreme space weather events, such as solar storms, could result in trillions in economic ... Read more âș
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SiteGround is an IT company providing businesses with services including web hosting SaaS platforms for site building, e-commerce and email marketing. The firmâs director of product development Daniel Kanchev spoke exclusively to UKTNÂ about how the companyâs technology is helping startups grow, how AI can be incorporated into its services and the future of its products. ... Read more âș
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This weekâs podcast guest is Jessica Lennard, chief strategy officer at the CMA, who discusses how the regulator has to balance its work with the worldâs largest tech companies with the vast startup market, how the CMAâs competition regulation is evolving to suit innovation and why the wider regulatory regime as a whole is changing ... Read more âș
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14.05.2026 04:26
Last update: 04:20 EDT.
News rating updated: 11:22.
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