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Oscar Hornstein @ UK Tech News · 05/09/2025 05:29 EDT

‘Significant doubt’ at Argo Blockchain as it looks to restore listing

Bitcoin mining group Argo Blockchain has requested a return of its London listing following the delayed release of its 2024 results despite the company warning of “significant doubt” over its continued operations. Shares in the company were suspended from the London Stock Exchange last week as it was unable to release its audited results before ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 05/09/2025 04:38 EDT

Government backs regional spinouts with £30m plan 

The government is turning to regional spinouts to accelerate UK tech growth with a £30m support package for four research hubs across the country.  Universities in Merseyside, East Anglia, the Midlands and the North East will receive new funds to encourage more spinouts, or tech companies founded from students and staff based on an institutions’ ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 05/09/2025 03:00 EDT

CUBE celebrates ‘world-class tech hub’ with new London HQ

Automated regulatory intelligence firm CUBE has opened its new global headquarters in the City of London. The Tower 42 building on Old Broad Street will house the company’s new “AI Centre of Excellence”, an artificial intelligence lab, in which the CUBE team will research the evolving role of the technology in regulation and compliance in ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 05/08/2025 11:00 EDT

Fintech startup created by Deliveroo alums raises £9m 

London-based fintech Ravio, which provides real-time insights into what different roles are paid, has raised $12m (£9m) in a Series A funding round.  Founded in 2022, Ravio works with the likes of Just Eat, Wise, Zoopla and Octopus Energy to provide compensation rates for various jobs to determine ideal salary offers.  According to the startup, ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 05/08/2025 10:00 EDT

How the landmark India trade deal is a boost for UK tech 

This week, the UK and India agreed on Britain’s largest international trade deal post-Brexit and while it comes with obvious benefits for purveyors of whisky and textiles, it can also be an opportunity for technology.  The agreement – which has been several years in the making – between Prime Minister Keir Starmer and Prime Minister ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 05/08/2025 09:00 EDT

How can companies prepare for quantum cybersecurity? 

Amid the flurry of news, government and corporate announcements regarding the many milestones crossed by the quantum sector, firms can understandably struggle to know how they can prepare for burgeoning technology.  Quantum computing is a term that encompasses vast amounts of complex technology both hypothetical and actual, with use cases as varied and exciting as ... Read more

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UK Tech News
Rob Cottrill @ UK Tech News · 05/08/2025 06:00 EDT

Navigating cybersecurity and data privacy in the AI era

AI is transforming how businesses operate, streamlining processes, enhancing decision-making, and opening up entirely new opportunities. Spurred by growing investment and tools like DeepSeek’s advanced AI models, organisations across the UK are accelerating adoption, supported by government initiatives such as the AI Opportunities Action Plan. But as adoption accelerates, businesses must tackle the dual challenges ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 05/08/2025 05:50 EDT

Recycleye deploys robotic sorting arms at Hartlepool recycling plant

A Hartlepool recycling plant has deployed advanced robotics to enhance food and beverage sorting through a partnership with UK startup Recycleye and Swedish food packaging giant Tetra Pak.  The J&B Recycling site will be upgraded with robotic arms developed by Recycleye to sort food and beverage cartons for recycling.  The upgrade was funded through an ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 05/08/2025 05:12 EDT

OnlyFans founder launches rival creator platform

Tim Stokely, founder of content creation platform OnlyFans, is launching a new competitor.  Subs.com will focus on online content accessible via subscription payments, in a similar vein to his former company, though with a greater focus on diverse content types as opposed to the adult content which dominates OnlyFans.  “There is a clear demand for ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 05/08/2025 04:41 EDT

Human vulnerability is the greatest risk to cybersecurity 

Human vulnerability is the most exploited element of IT security systems, with social engineering behind most data breaches.  Recent high-profile cyber-attacks against the likes of M&S, Co-op and Harrods have highlighted flaws in current digital safety methods, however, human manipulation can be a much greater risk than harmful malware.  In the case of attacks like ... Read more

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UK Tech News
Jessica Nangle @ UK Tech News · 05/08/2025 04:00 EDT

Details confirmed for landmark AI inventorship appeal

AI developer Dr Stephen Thaler is ramping up his appeal against a decision made by the UK Intellectual Property Office (UKIPO) with the appointment of law firm Potter Clarkson. The appeal, set to be heard at the High Court in July, will examine the ruling made by UKIPO in December 2023 to reject patent applications ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 05/07/2025 06:46 EDT

Executive shakeup at payments firm Shieldpay 

Fintech group Shieldpay has promoted COO Sophie Condie to chief executive alongside the appointment of former Lloyds exec Amanda Howkins as chief revenue officer.  Condie will take the helm of the firm as it looks to grow its secure digital payments platform.  The new CEO first joined Shieldpay in 2021 as director of operations before ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 05/07/2025 06:07 EDT

UK businesses lost £64bn to cyber-attacks in past three years

British companies have lost as much as £64bn to cyber-attacks in the past three years, fresh analysis has revealed.  In recent weeks prominent attacks against the IT systems of major retailers M&S, Co-op and Harrods have highlighted how dangerous hackers can be, but they are by no means isolated incidents.  In the last three years, ... Read more

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UK Tech News
Ana Klafke @ UK Tech News · 05/07/2025 06:00 EDT

One in five internet users used OpenAI last month – a new record

The explosion of generative AI has been one of the big tech stories of the last decade. But the growth of AI is not happening equally. There are some groups more likely to use it than others, with potential unintended consequences. Ipsos iris is the only industry backed online audience measurement platform in the UK, which ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 05/07/2025 05:22 EDT

OakNorth ramps up automation in partnership with OpenAI

Digital bank OakNorth is expanding its use of artificial intelligence in collaboration with ChatGPT developer OpenAI.  The London-headquartered fintech will embed generative AI provided by the Californian group into its technology in support of the existing machine learning tools developed by OakNorth’s sister entity ONCI.    “At OakNorth, we have used machine learning from day one ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 05/07/2025 04:28 EDT

AI startup founded by 18-year-old Nia closes LocalGlobe-led round

Nia, an AI startup founded by 18-year-old entrepreneur Arlan Rakhmetzhanov, has closed an $850,000 (£637,000) pre-seed round. Rakhmetzhanov taught himself coding at school in his home country of Kazakhstan, releasing small-scale software products, all the while becoming frustrated at the limits of AI tools used in programming. Popular LLM bots like ChatGPT are often used ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 05/07/2025 04:00 EDT

Wagestream secures £300m debt facility to continue expansion to lending 

London-based fintech group Wagestream has secured a £300m debt facility, bolstering its coffers as it pushes ahead with an expansion into loans.  Founded in 2018, Wagestream is primarily known for its service allowing staff at participating businesses to access earned wages ahead of payday.  The fintech has been building out its product offering, which now ... Read more

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UK Tech News
Jessica Nangle @ UK Tech News · 05/07/2025 02:00 EDT

Palatine acquires majority stake in Atombit Group

The UK mid-market private equity investor Palatine has acquired a majority stake in Atombit Group, a fast-growth pan-European leader in experience intelligence. Alongside the investment, London-based Atombit has made three strategic acquisitions to accelerate its growth. These include UK-based J2 Reliance and Profusion and Bulgaria-based company DWise. The enlarged group now comprises 150 consultants and ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 05/06/2025 11:22 EDT

Alpha rejects takeover offer from US payments giant

London-based fintech and FTSE 250 consultancy firm Alpha has rejected a takeover offer from US payments giant Corpay that would have seen it delist from the UK public markets.  Following media speculation, Atlanta-based Corpay confirmed last week that it had approached Alpha with a possible cash offer for its entire issued share capital.   The ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 05/06/2025 09:00 EDT

What can we expect from the crypto bill? 

Chancellor Rachel Reeves last week unveiled draft legislation for a landmark bill that will define the regulatory landscape for cryptoassets in the UK.  The upcoming crypto bill has been long requested by the industry as businesses seek clarity for approved practices and regulators seek better ways to protect consumers from high-risk investments and scams.  The ... Read more

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