Artificial intelligence has become the UK’s largest and fastest developing skills gap in 15 years, according to new research. AI has jumped from the fifth most scarce technological skill in the UK to the top in just 18 months, according to the Nash Squared/Harvey Nash report. The report’s survey of UK tech leaders found that ... Read more ›
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The Department for Science, Innovation and Technology (DSIT) will unveil a new 10-year research and development budget to provide long-term certainty to researchers and industry. R&D budgets have traditionally been set annually, which has been a source of criticism from the tech industry and research teams who struggle to make long-term plans and investments without ... Read more ›
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This week’s UK tech funding deals include CRM provider Ascendx, satellite manufacturer Space Forge and more. UKTN tracked £230.8m worth of UK tech investment this week (12 May to 16 May), a 291% week-on-week increase across 10 funding rounds. Here’s your weekly roundup of UK tech startup funding deals. Ascendx – £83m Sector: SaaS HQ: London Round: Early ... Read more ›
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55 million. That’s the number of people who lost power during the blackout in the Iberian Peninsula. Transport came to a standstill, surgeries were postponed, teachers taught in the dark, families ate by candlelight. Onlookers described it as “post-apocalyptic.” The saga was a brutal reminder that no modern society is as self-sufficient as it thinks. ... Read more ›
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Martin Kassing is the founder and chief executive of Upvest, a platform founded in 2017 that enables fintechs to offer their end users the full range of investment opportunities and brokerage services securely and across international borders. The Berlin-headquartered firm has been FCA licensed since October 2024 and raised €100m in its latest Series C ... Read more ›
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The NHS has urged its suppliers in an open letter to commit to stronger cybersecurity practices amid rising threats. Britain’s health service has called on its suppliers to agree to a voluntary cybersecurity charter that aims to shore up the NHS supply chain and critical systems in the face of a ransomware “endemic”. A handful ... Read more ›
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The UK public sector is not ready to implement the AI and digital transformation schemes championed by the government, according to new research. Though Prime Minister Keir Starmer and Tech Secretary Peter Kyle have made bold claims about the transformative power of AI on public services and the billions that can be saved, a new ... Read more ›
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Martello, a platform using AI to conduct environmental risk assessments, has secured £1.2m in its latest funding round. The startup has developed technology that aims to make risk analysis in property transactions faster and more effective. Environmental assessments are a key process in any property transaction that often relies on vast volumes of data points ... Read more ›
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New research has revealed that a significant portion of UK consumers are uncomfortable with digital identification, despite a push from the government to embrace digital ID technology. Research from fintech group Checkout.com, in partnership with YouGov, found that a third of UK consumers are not comfortable with having an internationally recognised digital ID card or ... Read more ›
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Labour has had a complex relationship with Big Tech since it took power last year. There have been a few dustups, most recently when the Home Office demanded Apple include a backdoor into its encryption for the sake of “national security”. But despite the occasional row, the messaging from the incumbents seems to be that ... Read more ›
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Quantinuum, the world’s largest quantum computing firm, is launching what it claims will be a $1bn (£753m) joint venture with Qatari group Al Rabban Capital. Jointly headquartered in Cambridge and the US, Quantinuum aims to accelerate adoption of quantum technology in the Middle East and strengthen the company’s position as a leading figure in the ... Read more ›
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Origin, a platform to manage employee benefits, has launched with $21m (£15.8m) in Series A funding. The platform brings together data from the benefits programmes of staff across a select company, including multi-national businesses dealing with different languages and regulatory regimes. “We created Origin because global benefits teams urgently need clarity, efficiency, and control,” said ... Read more ›
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Cardiff-based space tech group Space Forge has closed a £22.6m investment round in the largest Series A secured by a British space tech startup. Led by the NATO Innovation Fund, the round will accelerate the development of the company’s returnable manufacturing satellite and support its first in-orbit demonstration mission later this year. Founded in 2018, ... Read more ›
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A new AI tool built by the UK government as part of its Humphrey suite, known as Consult, has been trialed for the first time on a live consultation hosted by the Scottish government. The tool was used to summarise what the public told the government in response to a consultation on how to regulate ... Read more ›
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The government will today call on tech companies to build verification technology to support the roll out of digital identification systems as research suggests billions in returns. The UK has been working towards the release of the GOV.UK Wallet, a service that allows people in Britain to carry a digital drivers’ licence ahead of the ... Read more ›
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Last month, we saw yet another striking example of how generative AI can be exploited for ill, when someone used ChatGPT to create a fake lunch receipt that looked entirely legitimate at first glance. For anyone working in finance and HR, it was a warning shot. Submitted to a real organisation, many busy finance teams might have ... Read more ›
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A screening system that aims to reduce bias in VC decision making has been found to generate more successful exits and fewer shutdowns than traditional methods, according to new research. VC group Astia, which aims to increase the supply of funding for women-led startups, analysed the investment decisions made over the past quarter-century using its ... Read more ›
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UK manufacturing is no longer defined by nuts, bolts and production lines; AI algorithms, virtual simulations and fully autonomous factories are becoming integrated into daily processes. As global pressures mount and competitive edges narrow, British manufacturers are leaning into a digital-first future by adopting advanced technologies; not just to stay abreast of technological modernity, but ... Read more ›
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The Mansion House Accord is an “important step forward” as the UK works towards a “tech-positive” regulatory regime, according to Innovate Finance boss Janine Hirt. Announced on Tuesday, the agreement will see 17 pension schemes and providers commit a minimum of 10% of their defined contribution default funds towards private investment, with at least half ... Read more ›
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Digital bank Zopa has raised £80m in additional tier 1 capital through the listing of a bond on the London Stock Exchange. The non-dilutive capital injection will bolster the bank’s balance sheet as it prepares to launch its new flagship current account product. The transaction, completed on the International Securities Market in London, was oversubscribed ... Read more ›
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14.05.2026 10:25
Last update: 10:21 EDT.
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