A report by The Blair Institute (TBI) has revealed that fewer than 1% of UK firms are reaching the scale-up stage, prompting calls for ‘end-to-end’ reform. The From Start-up to Scale-Up: Turning UK Innovation into Prosperity and Power report outlines that Britain has was it takes to lead tech industries of the future, but must act ... Read more ›
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Chancellor Rachel Reeves is set to unveil an £86bn funding package in the upcoming Spending Review to “turbo-charge” the UK’s fastest growing sectors, as part of the government’s modern industrial strategy. The package, worth more than £22.5bn a year, will commence in 2029/2030 and aims to drive new jobs and economic growth as well as ... Read more ›
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EthicAI, a University of Cambridge spinout operating in ethical and responsible assurance of AI, has launched a cloud-based AI assurance SaaS platform. The launch of BeehAIve aims to solve the problems traditionally created by AI models such as fairness and bias, transparency and impact on employees. BeehAIve scrutinises models and datasets against 15 ethical dimensions, ... Read more ›
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The post LIVE: London Tech Week opening remarks appeared first on UKTN. Read more ›
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Assembled, an agentic AI firm from the US valued at more than $200m (£148m), is opening a London office to serve as the base for its European expansion. Founded in 2018 by Ryan Wang, a former engineer at fintech giant Stripe, Assembled provides corporate clients with customer-facing AI agents and workforce management tools. Off the ... Read more ›
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The Financial Conduct Authority (FCA) has unveiled a new collaboration with AI computing giant NVIDIA to allow firms the opportunity to experiment safely with AI. The ‘supercharged sandbox’ is set to provide access to better data, technical expertise and regulatory support to accelerate innovation. The sandbox is open to any financial services firm looking to ... Read more ›
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This week’s UK tech funding deals include EV charge point operator Believ, Supply chain analytics group Treefera and more. UKTN tracked £404.75m worth of UK tech investment this week (2 June to 6 June), a 682% week-on-week increase across 11 funding rounds. Here’s your weekly roundup of UK tech startup funding deals. Believ – £300m ... Read more ›
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The UK’s financial regulator is proposing to lift the ban on offering crypto-backed exchange traded notes (ETNs) to retail investors in a potential boost for the blockchain sector. The first crypto ETNs listed in London were made available to UK investors last year, allowing the purchase of unsecured debt securities tracking the performance of Bitcoin ... Read more ›
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Dr Botty Dimanov is the co-founder of Tenyks, a company that provides AI-delivered insights based on video feeds. In this week’s Founder in Five Q&A, Dimanov discusses why inflexibility can kill the success of new founders, how a background in mindfulness has helped his career and why few people understand the true purpose of CCTV. Which ... Read more ›
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Amazon has agreed to crackdown on fake reviews on its marketplace following new powers granted to UK regulators under the Digital Markets, Competition and Consumers Act (DMCCA) The US tech giant has told the Competition and Markets Authority (CMA) in the UK that it will be enhancing its existing systems for tackling fake reviews, which ... Read more ›
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Believ, an energy tech company based in London, has secured a £300m investment facility to install a minimum of 30,000 electric vehicle (EV) charge points across the UK. The UK is in the midst of a large-scale shift from petrol and diesel vehicles to EVs, with current plans aiming for the sale of fossil-fuel powered ... Read more ›
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Believ, an energy tech company based in London, has secured a £300m investment facility to install a minimum of 30,000 electric vehicle (EV) charge points across the UK. The UK is in the midst of a large-scale shift from petrol and diesel vehicles to EVs, with current plans aiming for the sale of fossil-fuel powered ... Read more ›
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Lisa Jacobs, chief executive of Funding Circle and speaker at this year’s London Tech Week, discusses the funding gap for scaleup stage tech businesses in the UK and the role of financial regulation in addressing it. Is enough being done to address the UK scaleup funding gap? The UK has an established reputation as a ... Read more ›
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The UK’s financial watchdog will lead a consortium of international regulators to tackle the recent phenomenon of illegal ‘finfluencers’. The Financial Conduct Authority (FCA) has been carrying out a targeted campaign against social media influencers promoting high-risk investments in areas such as forex and cryptoassets since 2022. The FCA has so far made three arrests ... Read more ›
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Customer experience agency Brandwidth has partnered with Uber Boat by Thames Clippers to design and develop a new native mobile app on iOS and Android. The native mobile app, available now via the App Store and Google Play, will allow users to buy tickets, plan journeys and access the River Guide. The app will service passengers ... Read more ›
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In an extremely competitive tech industry, firms can be eager to keep company secrets close to their chests. However, amid the flurry of stories detailing cyber-attacks and data breaches against some of the country’s most recognisable brands, businesses of any size may have to consider the unthinkable, sharing company secrets with the competition. In the ... Read more ›
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It’s no secret that the UK has a long-term growth and productivity problem. The Office for Budget Responsibility (OBR) recently revised its GDP growth forecast for 2025 downward, from 2% to 1%, reflecting the negative impact of domestic business policies and the continued instability in global markets. Against this backdrop, the government – like so many ... Read more ›
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A life science startup developing a “virtual scientist” drug discovery platform has secured a pre-seed investment of £1.6m. Kiin Bio said the new investment would allow it to launch its platform using generative AI to speed up the process of developing new treatments. The drug discovery market has been a major adopter of automated technologies ... Read more ›
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London-listed fintech group Wise has announced its intention to move its primary public listing to New York in a potential blow to the UK public markets. Announced in the company’s results for the year ended March 2025, Wise said it would be seeking a dual listing in the US to “accelerate our mission and bring ... Read more ›
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The Gibraltar government has enlisted climate tech company IES to create the territory’s first dynamic simulation engine for compliance with local building regulations. Glasgow-based IES has unveiled a bespoke Dynamic Simulation Modelling (DSM) tool to help building professionals meet Gibraltar’s Part F energy regulations for new buildings and extensions. The modelling platform was funded through ... Read more ›
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16.06.2026 08:16
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