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UKTN @ UK Tech News · 06/17/2025 00:00 EDT

Balancing regulation and innovation, Jessica Lennard, chief strategy officer, CMA

This week’s podcast guest is Jessica Lennard, chief strategy officer at the CMA, who discusses how the regulator has to balance its work with the world’s largest tech companies with the vast startup market, how the CMA’s competition regulation is evolving to suit innovation and why the wider regulatory regime as a whole is changing ... Read more ›

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UK Tech News
Oscar Hornstein @ UK Tech News · 06/16/2025 09:17 EDT

UK data regulator calls on smart device makers to protect privacy

The Information Commissioner’s Office (ICO) has called on the manufacturers of smart devices to prioritise consumers’ privacy with the release of new guidance. The ICO last year requested views from the public on the smart product market, looking at various internet of things (IoT) devices such as smart speakers, fitness trackers and internet-enabled fridges. The ... Read more ›

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UK Tech News
UKTN @ UK Tech News · 06/16/2025 06:00 EDT

Adopting to the modern CFO 

Traditional systems rely on spreadsheets, siloed processes and manual approvals. They were not built for real-time visibility or agility; they were built for control. But control without agility is a liability. As strategic leaders, finance chiefs are asked to do more with less: ensure compliance, optimise spending and reduce fraud. Increasingly, they are turning away ... Read more ›

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UK Tech News
Oscar Hornstein @ UK Tech News · 06/16/2025 05:40 EDT

Big Tech backs plan to AI upskill a fifth of the workforce

Amazon, Google, Microsoft and IBM are among the Big Tech firms that are in talks to support the UK’s plan to AI upskill more than seven million workers. First announced by Prime Minister Keir Starmer at earlier this month at London Tech Week, the British government has laid out ambitious plans to give AI skills ... Read more ›

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UK Tech News
Jessica Nangle @ UK Tech News · 06/16/2025 05:36 EDT

Optalysys launches world-first blockchain server

Leeds-headquartered computing company Optalysys has launched the world’s first dedicated enterprise-grade server for blockchain, called LightLocker Node. The platform is designed to enable Fully Homomorphic Encryption (FHE) and confidentiality on any transaction. LightLocker Node allows encrypted data to be processed directly on blockchain without decryption. It maintains the decentralisation that blockchain offers, while adding the ... Read more ›

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UK Tech News
Oscar Hornstein @ UK Tech News · 06/16/2025 04:41 EDT

Science Minister calls for closer health tech ties with US

UK Science Minister Lord Patrick Vallace has called for a deeper partnership with the US health tech and life science sector, describing the move as critical to both nations’ economic growth. Speaking to business, investment and academic leaders from the sector at the BIO 2025 conference in Boston, Massachusetts, Vallance said combining the UK’s strengths ... Read more ›

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UK Tech News
Jessica Nangle @ UK Tech News · 06/16/2025 03:30 EDT

Over a quarter of UK consumers open to AI-powered payments

According to a nationwide survey by financial technology SumUp, 29% of UK consumers would trust AI to make small, automated payments on their behalf. The report asked 1,500 consumers across all regions about their payment preferences, their concerns about different payment methods and whether they would embrace AI for automated payments. Among the 29% of ... Read more ›

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UK Tech News
Jessica Nangle @ UK Tech News 1 place · 06/13/2025 11:18 EDT

Billion-pound legal claim against Google to proceed to trial

The Competition Appeal Tribunal (CAT) has made an order certifying a £1bn legal claim against Google on behalf of UK app developers that have allegedly been overcharged by Google for using its Play Store. Thousands of businesses are poised to receive compensation for the loss in revenue suffered as a result of Google’s alleged conduct ... Read more ›

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UK Tech News
Oscar Hornstein @ UK Tech News 2 place · 06/13/2025 10:00 EDT

UK tech funding roundup: This week’s deals from Definely to Teal

This week’s UK tech funding deals include AI-powered legal tech Definely, stablecoin payments firm Noah and more. UKTN tracked £69.25m worth of UK tech investment this week (9 June to 13 June), an 83% week-on-week decrease across seven funding rounds. Here’s your weekly roundup of UK tech startup funding deals. Definely – £22m Sector: AI/legal tech ... Read more ›

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UK Tech News
Oscar Hornstein @ UK Tech News 3 place · 06/13/2025 06:00 EDT

Gousto founder: Rejection is part of the game

Timo Boldt is the co-founder of Gousto, an online meal kit subscription company headquartered in London. In this week’s Founder in Five Q&A, Boldt discusses why entrepreneurs must learn not to take rejection personally, making every minute of every day count and why machine learning remains an underrated technology to this day. What advice would you ... Read more ›

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UK Tech News
Oscar Hornstein @ UK Tech News · 06/13/2025 04:37 EDT

Crypto fintech Tap Global to list on London’s AIM

Tap Global, a fintech app that allows users to send and receive money in fiat currencies and cryptoassets, has announced its intention to list publicly in London. The firm will apply for admission to trading on the Alternative Investment Market (AIM) of the London Stock Exchange. Tap Global, which aims to establish itself as a ... Read more ›

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UK Tech News
Oscar Hornstein @ UK Tech News · 06/13/2025 03:00 EDT

Local government AI trial nets ÂŁ7.5m in savings

An AI digital transformation programme trialled by Derby City Council has led to £7.5m in savings, according to the authority, as public bodies are urged to embrace automation. Local governments and other public sector organisations are being heavily encouraged by central government to integrate AI in their operations to improve efficiency and cut costs. The ... Read more ›

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UK Tech News
Irakli Beridze @ UK Tech News · 06/12/2025 09:00 EDT

Taming AI’s global frontier

AI is rapidly transforming the world, from powering healthcare diagnostics and supporting law enforcement investigations to generating news headlines and reshaping national security strategies. Its potential is vast, but so too are the risks when AI is misused, poorly designed or left unregulated. As AI systems grow in scale and influence, responsible governance is no ... Read more ›

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UK Tech News
Jessica Nangle @ UK Tech News · 06/12/2025 08:47 EDT

DUA Bill passes through parliament

The much-awaited Data (Use and Access) Bill, also referred to as the DUA Bill, has been passed and now awaits Royal Assent, after which it will be known as the Data (Use and Access) Act 2025. The DUA Bill intends to modernise the UK’s data regime and aims to support the economy, improve public services ... Read more ›

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UK Tech News
Oscar Hornstein @ UK Tech News · 06/12/2025 06:31 EDT

UK financial regulator disciplines staff over data breaches

The Financial Conduct Authority (FCA) has disciplined four members of staff for committing data security breaches. The financial watchdog gave written warnings to its staff on at least four separate occasions between 2022 and 2023, revealed by a Freedom of Information request. The regulator reprimanded its staff for “sending FCA data to personal email accounts”, ... Read more ›

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UK Tech News
Oscar Hornstein @ UK Tech News · 06/12/2025 06:27 EDT

Highlights from London Tech Week 2025

Another London Tech Week has come to an end. The event saw major tech policy announcements, massive international investments secured in Britain and so many conversations about AI. UKTN was on the ground for all three days of London Tech Week, so here are the biggest insights from the UK’s largest tech event. All in on ... Read more ›

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UK Tech News
Oscar Hornstein @ UK Tech News · 06/12/2025 04:00 EDT

Philip Hammond named chair of Ventura Capital advisory board

Former UK chancellor Lord Philip Hammond has been named chair of the advisory board at investment group Ventura Capital. Hammond, who led the Treasury for three years under the premiership of Theresa May, has held a number of positions in the tech industry since leaving politics in 2019, including board chair positions at fintech group ... Read more ›

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UK Tech News
Jessica Nangle @ UK Tech News · 06/12/2025 03:00 EDT

AI maturity is falling across the UK, new research reveals

According to new research by software company ServiceNow and Oxford Economics, AI maturity across the UK has dropped by nine points as enterprises struggle to keep pace with rapid innovation. The report states that the nine point drop – from 44 to 35 – shows many businesses are finding it difficult to translate AI ambition ... Read more ›

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UK Tech News
Jessica Nangle @ UK Tech News · 06/11/2025 10:30 EDT

Tech industry reacts to Chancellor’s Spending Review

The tech industry has been reacting to the Chancellor’s Spending Review, as the market finally got insight into how the government intends to spend the £600bn budget. “Today’s Spending Review demonstrates this government’s continued commitment to harnessing AI, and the significance of this frontier technology to supercharging Britain’s renewal and elevated global status as a ... Read more ›

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UK Tech News
Oscar Hornstein @ UK Tech News · 06/11/2025 10:00 EDT

LTW 25: UK is “leading the world” in online safety

The UK is “leading the world” in online safety regulations and is well ahead of the European Union, according to Ofcom chief executive Dame Melanie Dawes. Speaking on a panel discussing a safer online experience for UK users at the final day of London Tech Week, Dawes argued that with the implementation of the Online ... Read more ›

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