Amazon could break into the UK broadband business before the end of this year after the tech giant unveiled its new ‘Project Kuiper’ programme which will use satellites in low-earth orbit to deliver high speed, low latency internet to consumers. According to a regulatory filing seen by UKTN, the firm”plans to make services commercially available ... Read more ›
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The creation of non-consensual sexually explicit deepfakes will be made a criminal offence as the government cracks down on violence against women and girls. The Ministry of Justice said on Tuesday that predators who create these images – sexually explicit pictures made to resemble real people using AI – could face up to two years ... Read more ›
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Fintech group ClearScore is expanding into embedded finance and secured lending through the acquisition of Manchester-based Aro Finance. ClearScore, which provides consumers with credit rating information and credit card and loan referrals, is aiming to move into business-to-business-to-consumer channels through the embedded finance offering of Aro. Aro Finance provides a platform for clients such as ... Read more ›
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The London tech firm behind the Nothing Phone has borrowed £30m in a debt raise after its annual losses widened. Nothing Technology, founded by serial smartphone entrepreneur Carl Pei, agreed the loan with Santander in late December 2024, according to documents filed with Companies House. It follows a $96m equity raise the firm completed in ... Read more ›
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Jobs in artificial intelligence are quickly increasing in the UK in the latest sign that businesses from all corners of the economy are rapidly switching their hiring plans to adapt to the AI boom. The job title of Artificial Intelligence Engineer was the fastest growing in 2024, while the title of AI Engineer is also ... Read more ›
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2024 was a wild year for stocks. The Nasdaq Composite saw one of its best years, rising by as much as a third between January and December. But things were a little more rocky for the FTSE 100, which only rose about 6% over the same period. 2025 promises to be a better year for ... Read more ›
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One of Britain’s biggest chip firms has been put up for sale as its controversial Chinese owners seek an exit from the business. Hertfordshire-based Imagination Technologies, which counts Apple among its biggest customers, is understood to have already received several expressions of interest after its owners, Chinese-backed Canyon Bridge, are thought to have instructed advisers ... Read more ›
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Nyobolt, a Cambridge-based electric vehicle (EV) battery maker that raised £50m in 2022, has warned it could “run out of funds in late Q1 2025” if it can’t secure new capital. In its latest company accounts, Nyobolt posted a loss of £20.2m for the year ended December 2023, more than double 2022’s loss of £9.3m. ... Read more ›
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Proceeds from public listings in London more than tripled year-on-year, reaching £3.4bn in 2024, despite concerns over low IPO volumes and a high delisting rate. There were 18 listings across the main and alternative markets in London last year, 22% less than in 2023 and 60% less than in 2022, according to figures from EY. ... Read more ›
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In 2023, Hermann Hauser, the co-founder of London-based Amadeus Capital Partners, was added to a WhatsApp group packed with billionaire US investors, including Mark Andreesen and Michael Dell. “One of the first things they did, when they invited me to join the group, was lament the fact that Europe doesn’t have any hundred-billion tech companies,” ... Read more ›
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The number of AI businesses founded in the UK hit a fresh high in the fourth quarter, UKTN has found, as the rush to find new ways to commercialise the technology shows no sign of slowing down. More than 500 self-styled ‘AI’ companies were registered with Companies House between October and December 2024, according to ... Read more ›
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Nick Clegg, the onetime deputy prime minister of the UK turned Big Tech executive, has announced his resignation from Meta after six years in Silicon Valley. Clegg joined the Facebook parent company in 2018 after over a decade of politics that saw him work as a member of the European Parliament, the MP for Sheffield ... Read more ›
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Leaders from Darktrace, Wayve and the Raspberry Pi Foundation were among the UK tech industry figures who were granted honours at the start of the year. The annual recognition of those who made exceptional contributions to various fields included over a dozen people from Britain’s tech industry, including Baroness Poppy Gustafsson, the co-founder of cybersecurity ... Read more ›
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One of the UK’s most valuable fintechs has cut hundreds of jobs, UKTN understands, after suffering a fall in revenue following the loss of one of its biggest customers. London-based payments processor Checkout.com, whose valuation hit a peak of $40bn in 2022, posted a 13% fall in UK processing transactions in 2023 to $204m, figures ... Read more ›
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The UK tax authority has launched a voluntary disclosure service for firms that have overclaimed research and development (R&D) credits in an effort to cut the billions of pounds lost to faulty claims. With the new service, companies that have claimed too much R&D relief and have not amended their tax returns can submit an ... Read more ›
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Its been 25 years since the tech industry went into meltdown over the Y2k bug. But exactly how serious did the UK think it was going to be? The Y2K bug, otherwise known as the millennium problem, was the widespread fear that computers would struggle to be function once the dates had changed to the ... Read more ›
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With several major elections around the world and persistent economic instability, 2024 can perhaps best be summarised as a year of profound change. This is certainly true in the UK, with Labour’s victory in July putting an end to 14 years of Conservative rule. In the election campaign, Labour repeated their top priority again and ... Read more ›
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As 2024 draws to a close, the tech industry reflects on year of ups, downs and just, so many elections. In a year of global uncertainty, the tech industry has not been without its shakeups, with some firms pulling in megarounds and inspiring hope, while many others still saw the grim approach of administration. Here ... Read more ›
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The London’ Stock Exchange’s AIM market is set to receive one last new member before the end of the year with the listing of AI SaaS firm Pri0r1ty. The listing, which is set to conclude on 30 December, is taking place via a SPAC or special purpose acquisition company called Alteration Earth which announced its ... Read more ›
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Yes, the time has once again come around to pause and reflect on the year that has past. To reminisce about the good, the bad, and the downright silly. So without further ado, UKTN presents to you our top ten tech gaffes of the year. 10. A Fresh approach at Amazon It was hailed as ... Read more ›
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10.03.2026 21:45
Last update: 21:35 EDT.
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