E-commerce business Boohoo is to rebrand to Debenhams Group after its transformation of the eponymous firm from a department store chain into an e-commerce business. The company said Debenhamsâ turnaround plan, which saw it bought out of administration in 2021 with all its physical stores shut, would now serve as a âblueprintâ for the rest ... Read more âș
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The projected $18.3 trillion in wealth to be transferred globally by 2030 is expected to be the largest intergenerational transfer of assets in history. However, this great wealth transfer brings with it a problem for families whose assets are tied up in their own businesses. There is a risk that the private market is not ... Read more âș
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This weekâs podcast guest is Martin Woodward, who discusses how the benefits of open source culture still exist in a hyper-capitalist society, but tech has moved away from the idealism of early open source, what the future of software development might look like and way coders donât necessarily have to be afraid that AI will ... Read more âș
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Recent contracts granted to the British space sector will deliver more than ÂŁ1bn to the UK economy as figures released on Tuesday reveal a record quarter for the industry. Britainâs space sector had its most successful quarter on record at the end of 2024 for contracts secured from the European Space Agency. British companies received ... Read more âș
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Wayve, the UKâs most valuable autonomous vehicle company, has successfully tested its AI adaptive driving model in US streets in a major milestone towards a wider rollout of self-driving vehicles. The London-based group tested AV2.0, a foundational AI model it developed to allow autonomous vehicles to adapt to the driving behaviours of where it has ... Read more âș
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British Airways parent company International Airlines Group (IAG) will invest up to âŹ200m (ÂŁ168.1m) in tech startups through a new venture capital arm. IAGi Ventures will look to back tech innovations that can support the aviation industry, from sustainable fuels to airport operations support. âAdopting new technologies will improve our business and the value we ... Read more âș
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An Aquis-listed small-cap investor has warned 2024 was a âdifficult yearâ in the public markets as it posted widening losses. Gledhow Investments, which builds up positions in fast-growing AIM, LSE and Aquis Exchange traded companies, complained of poor liquidity on the Aquis exchange as it reported a fall in the value of its portfolio. âUK ... Read more âș
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The UKâs tech department is switching to a âstartup mindsetâ for funding AI projects for the public sector to cut down on âoverly complex spending approval processesâ. Throughout the government there has been strong ambitions to deploy artificial intelligence tools throughout its digital processes â part of its growth ambitions to boost efficiency and cut ... Read more âș
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Over 70 redundancies have been made as the sale of the collapsed UK entity of EV firm Arrival has fallen apart after administrators were unable to complete a last-minute sale of the business. In an administratorâs report from EY Parthenon, it was revealed that sales for two different parts of Arrival were in advanced negotiations ... Read more âș
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Deliveroo has become the latest food delivery tech firm to retreat from its international markets after the London-listed business said it would be shutting down its operations in Hong Kong. In a stock exchange update, Deliveroo said its Hong Kong platform would be live until 7 April, after which liquidators will manage closure of the ... Read more âș
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A remarkable chart caught my attention this week. I had to re-read the title to check I wasnât hallucinating. The chart showed that since the start of this year, the FTSE 100 had outpaced the Nasdaq â and outperformed it bigly. While the US index has tumbled 6% since the start of the year, Londonâs ... Read more âș
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Have you heard of RELX? A lot of people havenât. A cursory browse of Google Trends suggests there is less âsearch interestâ for RELX than virtually any other major company in Britain. But RELX is fast becoming a business worth knowing about. The firm, which prides itself on its humble low profile, is on the ... Read more âș
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Irish technology consultancy Version 1 has pledged to invest ÂŁ40m into the UKâs AI economy following a discussion with leaders of both countries. The investment will be made through an increased presence across the UKâs âtechnology hubsâ, in a move that it claims will add 1,000 jobs to the economy. The majority of these new ... Read more âș
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This weekâs UK tech funding deals include AI data intelligence platform Quantexa, biomaterials developer Epoch Biodesign and more. UKTN tracked ÂŁ200.3m worth of UK tech investment this week (3 March to 7 March), a 110% week-on-week increase across seven funding rounds. Hereâs your weekly roundup of UK tech startup funding deals. Quantexa â ÂŁ135.5m Sector:Â AI ... Read more âș
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The UK has everything it needs to lead the world in quantum computing. First-class scientific talent, a solid funding pipeline, groundbreaking companies and even a government industrial strategy, all thatâs missing, according to Riverlane CEO Steve Brierly, is a sense of urgency. Speaking to UKTN, Brierley â whose quantum company has raised $125m â celebrated ... Read more âș
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The emergence of DeepSeek has only served to âreinforceâ the investment thesis of SuperSeed Capital, the AI investor said this week, despite the industry disruption brought about by the chatbotâs launch. In January, DeepSeekâs latest release demonstrated that top-tier AI performance could be achieved at just 5% of traditional inference costs, triggering a $1 trillion ... Read more âș
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A Lancashire hotel has become the first in the UK to adopt an AI concierge in what could be a radical shift in hospitality.  Guests at the Park Hall Resort and Spa in Preston will be able to call on the hotelâs artificial assistant, designed by London-based startup Inntelo AI. Accessed via a phone ... Read more âș
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If youâve been on LinkedIn recently youâll have seen them. Posts from British tech founders citing their intention to move to the US. A land of bigger, bolder ambition which, they believe, provides more fertile ground for tech companies looking to scale. But in recent weeks, the tide seems to be turning. And the USâ ... Read more âș
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Lyall Cresswell is the founder and CEO of Transport Exchange Group (TEG), a fintech platform for the logistics sector. In this weekâs Founder in Five Q&A, Cresswell discusses why founders should worry more about establishing a sustainable business model than quickly raising funds, the importance of knowing your market intimately and his background as a student ... Read more âș
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Cambridge-based artificial intelligence firm CuspAI has bolstered its advisory board with a string of key recruits including Yann LeCun and Verity Harding. LeCun is Metaâs Chief AI Scientist, a Turing Prize Laureate and a professor at New York University. Harding is a director of the AI and Geopolitics Project at the University of Cambridge and ... Read more âș
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10.03.2026 13:48
Last update: 13:40 EDT.
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