The University of Cambridge will house what it has described as the “UK’s most powerful quantum computer” as part of a new partnership with US company IonQ. The agreement, which represents the largest-ever corporate research partnership for the university, will support the creation of the IonQ Quantum Innovation Centre, which will be based at the ... Read more ›
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Publishers’ Licensing Services (PLS), a non-profit industry body representing the publishing industry, has launched an sector-led collective licensing initiative designed to ensure AI’s use of published works is done legally and fairly. The first stage of the initiative invites publishers to opt-in to a a collective licence scheme that will enable AI companies to legally ... Read more ›
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Outpost, a startup using AI to support the international expansion of merchant trading, has secured a $17.5m (£13m) Series A investment led by Revolut backer Ribbit. Founded by a former Revolut employee, Outpost was launched to support retailers amid a period of increasingly complex global trading regulation. From continued Brexit knock-on effects to Donald Trump’s ... Read more ›
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The Aquis Stock Exchange, a challenger investment market based in London, has launched an IPO academy in partnership with Barclays Eagle Labs, an arm of the banking giant focused on incubating startups and scaleups. The Aquis IPO Academy will serve as a readiness programme for businesses looking towards a public launch. Participants will receive advice ... Read more ›
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The UK government has launched a programme to support women and girls in entering the male-dominated tech industry. It has been a well-established truth for years now that the tech industry has a serious diversity problem, with efforts to improve the gender equity in the sector so far only barely moving the needle. Moreover, research ... Read more ›
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The government is accepting public views on how the incoming digital IDs can be used to access public services. In a new national consultation, the government will be seeking views on how digital identification could be used in areas ranging from managing free childcare payments to filing tax returns and more. Through the consultation, the ... Read more ›
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Between soaring energy costs, made all the worse by constant geopolitical escalations, and the constant looming threat of a climate disaster, it has become generally accepted that renewable power must become the standard. But despite vocal intentions from policymakers to support the mass adoption of clean energy, the exact process of removing our reliance on ... Read more ›
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Beckie Taylor, co-founder of Tech Returners, discusses her long career in HR and how the buzzword of diversity has changed to questions about the impact of AI, how she found the journey from becoming a mum back into the workplace, and why CVs might not be the best way for women looking for a pathway back into the tech ... Read more ›
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A fully “unlocked” open banking regime could add £43bn a year to the British economy, according to new analysis from EY. Commissioned by Open Banking Limited, the analysis found that so far, the introduction of open banking into UK finance has already delivered £8.3bn in cumulative benefits. Looking ahead, the report suggests that annual economic ... Read more ›
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Digital bank Tandem has appointed industry veteran Stephen Jones as its new chair, as it looks to secure future growth. Currently serving as the executive chair of investment banking at Panmure Liberum, Jones has spent decades in leadership roles in the UK banking sector, notably holding positions at Santander and Barclays as well as being ... Read more ›
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The British government is increasing the pressure on tech companies to implement safety measures to protect women and girls. Technology Secretary Liz Kendall issued a warning to digital platforms reiterating the government’s position that tech companies must use every tool at their disposal to protect women and girls, or face further action. The Department for ... Read more ›
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The UK’s new National Fraud Strategy launched on Monday offering a three pillar approach to tackle what has become the most common crime in the country. The strategy, launched by Minister of State Lord Hanson, explains how the UK plans to disrupt the methods used by criminals and how victims can be better supported. It ... Read more ›
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Nscale, a rapidly growing large-scale cloud provider specialising in AI data centres, has raised $2bn (£1.5bn) in a Series C funding round. Founded in 2023, Nscale has surged intensely, landing itself with a $14.6bn valuation less than three years after securing its first investment. The company has quickly become integral to the rapidly scaling global ... Read more ›
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Recently techUK and TheCityUK co-hosted a summit on a crucial issue – how UK-based tech firms can expand their access to capital markets. Economic Secretary to the Treasury Lucy Rigby emphasised the importance of tech firms choosing not just to start in the UK, but also to scale and stay in this country. The UK ... Read more ›
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Augur, a defence-focused AI startup has secured a $15m (£11.2m) investment round. The Augur platform was created in 2024 to meet the evolving threats of the modern geopolitical landscape, with its founders identifying that legacy camera and sensor systems protecting critical infrastructure now offer limited value. The platform integrates with existing cameras and sensors deployed ... Read more ›
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Isembard, a British manufacturing startup the builds components for aerospace, defence and robotics, has raised a $50m (£37.5m) Series A round. The manufacturing group’s hefty new funding round comes less than a year after it raised $9m (£6.7m) for its seed round. Isembard manufactures these advanced components in its own factories that run on its ... Read more ›
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This week’s UK tech funding deals include autonomous vehicle company Oxa, biomaterials group Shellworks and more. UKTN tracked £99.37m worth of UK tech investment this week (2 March to 6 March), a 91% week-on-week decrease across five funding rounds. Here’s your weekly roundup of UK tech startup funding deals. Oxa – £77m Sector: AI/mobility HQ: Oxford Round: Series ... Read more ›
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The majority of cloud providers support regulatory intervention in the UK industry, according to research conducted by industry advocacy group the Open Cloud Coalition. The research comes as the Competition and Markets Authority (CMA) prepares to decide whether to designate Microsoft and AWS with strategic market status, which would allow for targeted pro-competition intervention. The ... Read more ›
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Daniel Callaghan is the co-founder and chief executive of Veremark, a company specialising in background screening for prospective employees. In this week’s Founder in Five Q&A, Callaghan discusses why you need to be prepared that your company might not take off immediately, why a great co-founder is essential and why the founding CEO is usually best-placed ... Read more ›
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Scottish tech founders have raised £257m in investment since joining Techscaler, an initiative launched in partnership with the Scottish government to grow the nation’s startup ecosystem. According to findings from the Scottish government, its founders have raised £139m more than the previous year, with the Techscaler programme considered a key factor. First launched in 2022, ... Read more ›
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20.04.2026 05:49
Last update: 05:40 EDT.
News rating updated: 12:41.
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