As many as nine senior managers of PrimaryBid have left the retail investor tech company, jumping ship to rival RetailBook amid a ‘strategic shift’. PrimaryBid’s co-founder, managing director, legal counsel and six others have departed the fintech after it scaled back its services to UK consumers in favour of transitioning to becoming a pure-play technology ... Read more ›
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British Business Investments (BBI), a subsidiary of the British Business Bank, has extended its commitment to SFC Capital to £25m with the goal of backing an additional 100 regional startups. BBI said on Wednesday that it was committing an additional £10m to the investor through its Regional Angels Programme, designed to reduce regional imbalances in ... Read more ›
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XPeng has become the latest EV firm to set up shop in the UK as Chinese carmakers increase their market share. The Alibaba and Foxconn-backed business, which delivered 190,000 vehicles worldwide, has set itself a target of doubling that number for 2025, with Europe seen as a key growth driver — in which the UK ... Read more ›
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London-based embedded loan fintech SteadyPay has been reprimanded by advertising regulators for promoting “irresponsible” lending practices. An ad for SteadyPay that featured on Meta platforms depicted a woman holding a wad of cash saying: “Do you want something from the Black Friday sales, but worried you can’t afford it? You need to get CashWave by ... Read more ›
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Welsh semiconductor manufacturer IQE is looking to raise £18m through the issuance of convertible loan notes to a consortium of existing backers. The AIM-listed chip firm entered into a subscription agreement with the consortium of IQE investors and senior executives led by its largest shareholder, the Swiss bank Lombard Odier. The Cardiff-based company said it ... Read more ›
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Moore Kingston Smith’s ‘M&A in the UK IT services sector report’ shows that the sector demonstrated remarkable resilience and growth in M&A, outperforming many other industries. The year concluded with a total of 641 deals, marking a 3% increase from the 620 transactions recorded in 2023. This upward trajectory was particularly evident in the fourth ... Read more ›
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The tech industry is never one to shy away from grand declarations and the ushering in of new eras. When the launch of ChatGPT opened the world up to the possibilities of artificial intelligence, many proclaimed society was approaching its next industrial revolution, a fundamental change in the way humans live and work. That was ... Read more ›
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Deliveroo boss Will Shu is set to step down as CEO of the company, just under four years since its tumultuous London IPO, according to a report by Sky News. Chief Business Officer Marco Mocci has been tipped as the leading candidate to replace Shu. This is an evolving story, more to follow. Read more ›
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There is growing pressure on the Bank of London to release its hotly-anticipated annual report, with the fintech’s financial figures hurtling towards to being 150 days overdue. A spokesperson for the company was unable to give an update on the timing of the publication of the accounts, which were due to be submitted in September ... Read more ›
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Smart machines, from intelligent dishwashers to robotic surgeons, could open up £150bn of gross value added (GVA) to the UK economy, according to a government-commissioned report. The Smart Machines 2035 strategy paper from the government-appointed Robotics Growth Partnership committee claimed that with industry support, the value of automated machinery to the British economy could increase ... Read more ›
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Dunelm has unveiled plans to roll out self-serve checkouts across its store estate as retailers up and down the country turn to tech solutions to help mitigate impending rises in labour costs. The furniture store said the move, which follows a “successful trial”, will see the technology installed across more than 100 stores over the ... Read more ›
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OpenAI CEO Sam Altman has celebrated the UK as “pivotal” in the development of artificial intelligence as the Microsoft-backed firm shares data on Britain’s use of ChatGPT. The San Francisco giant revealed that the UK was in the top three countries for developers building through OpenAI’s technology, as well as for users paying for business ... Read more ›
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This week’s podcast guest is Dame Dawn Childs, CEO of Pure Data Centres Group, who discusses the significance of the government’s decision to designate data centres as critical national infrastructure, the potential for the green energy transition to be supported, not hindered, by the power demands of AI and why Britain needs more engineers. Pure ... Read more ›
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The declaration to be unveiled as part of the Paris AI Action Summit is “not strong enough”, according to the artificial intelligence research group Ada Lovelace Institute. The group warned the summit’s agenda lacked the “safety commitments of previous summits”, notably the AI Safety Summit held in the United Kingdom in 2023 that saw the signing ... Read more ›
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Intelligent self-driving cars got a step closer to hitting the UK’s streets on Monday as Wayve, the UK’s biggest autonomous driving technology company, names its new VP of product and delivery. Simone Fabris has joined the European leader in driverless vehicle software, tasked with heading up the development and delivery of its ‘Embodied AI’ technology. ... Read more ›
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The race for to get selected to build AI Growth Zones stepped up a gear today after the government said it would be welcoming expressions of interest (EOIs) for the scheme from local and regional authorities. Industry – including energy companies and data centre developers – is also being called upon to help drive forward ... Read more ›
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Conigital, a West Midlands-based autonomous vehicle technology company that announced it had raised half a billion pounds in 2023, has appointed a liquidator as it winds down. Revealed in Companies House filings, Conigital – named so as a portmanteau of connected digital – filed a special resolution that said the company be wound up voluntarily. ... Read more ›
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The finance chief of London-listed fintech CAB Payments has stepped down after almost a decade at the foreign exchange and cross-border payment firm. Richard Hallett was named the CFO and executive director of CAB Payments and its subsidiary Crown Agents Bank in 2016, during which he oversaw, among other things, the company’s initial public offering ... Read more ›
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Tech professionals often have a lot on their plates, making staying organised key. Scribbled on sticky notes, managed through apps, or pencilled into planners – for most, to-do lists are the go-to strategy for time management. People swear by their benefits: a sense of accomplishment as each item is checked off, the convenience of having ... Read more ›
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Haatch has secured an additional £10m investment from British Business Investments, a subsidiary of the British Business Bank, as it doubles down support for UK pre-seed B2B SaaS founders. The extra cash, which brings BBI’s total investment in Haatch to £20m, has been committed as part of its Regional Angels Programme, aimed at increasing access ... Read more ›
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31% 7 |
TechRadar
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8% 7 |
Android Authority
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8% 6 |
Slashdot
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7% 2 |
Tom's Hardware
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7% 10 |
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22.12.2025 11:07
Last update: 11:00 EDT.
News rating updated: 18:02.
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