Learning Technologies (LTG) is set to become the latest tech company to depart the London Stock Exchange after agreeing to a takeover by US private equity giant General Atlantic. The offer price of 100p per share represents a 34% premium on Learning Technologiesâ share price as at end September and values the edtech firm at ... Read more âș
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The finance chief of fitness ecommerce giant Gymshark has left the company two years after his appointment. In a Companies House update on Tuesday, it was revealed that Matthew Dunn had been removed as a director. There was no announcement from the company itself. The former ASOS chief operating officer joined Gymshark in 2022, replacing ... Read more âș
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Panasonic has opened its first hydrogen-powered plant in Europe at a microwave factory in Wales as the Japanese electronics firmâs transition to green energy gathers pace. The 50-year-old manufacturing plant in Cardiff, which produces around ÂŁ50m worth of microwaves per year, has been fitted with 21 5KW fuel cells powered by green hydrogen, alongside solar ... Read more âș
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Microsoft is facing a ÂŁ1bn legal action in the UK over allegations it has been unfairly up-charging customers who use rival cloud providers. A claim has been filed to the Competition Appeal Tribunal accusing Microsoft of charging higher licensing fees for Windows Server to users of rival cloud computing providers. The claim alleges that British ... Read more âș
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Venture capital firm Molten Ventures has secured a more than 7x return from its latest exit after disposing of its stake in investment in file management company M-Files. The London and Dublin-listed investor said the exit has brought its total realisations for the financial year to ÂŁ124m, a quarter higher than the guidance provided at ... Read more âș
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The Cybersecurity and Resilience Bill, unveiled in Julyâs Kingâs Speech, is a crucial step in addressing a pressing issue: the UKâs cyber defences are alarmingly vulnerable. Recent disruptions, including those affecting Sellafield nuclear plant, St Johnâs Ambulance Service, and the NHS, paint a concerning picture of our security. These incidents reveal serious flaws that require ... Read more âș
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Elkhan Nasibov, Chief Compliance Officer and MLRO at global financial service company Guavapay, discussed the rise of payment fraud and how it can be tackled. Why is payment fraud so prevalent now more than ever? Elkhan Nasibov: Thereâs an inherent irony in the fact that as technology advances and payment capabilities increase, so too do ... Read more âș
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With so many startups vying for investment, it can feel like something of a lottery as to which founding teams secure funding. Itâs a little bit about the product and strategy, itâs a lot about networking and who you know, but, beyond that, are there particular traits that make a founding team more likely to ... Read more âș
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This weekâs podcast guest is Dame Jayne-Anne Gadhia, former CEO of Virgin Money, who discusses transitioning from running a major financial institution to founding a startup, working with Sir Richard Branson and why in fintech, thereâs too much emphasis on tech over finance. Gadhia has held numerous prominent roles throughout her career, including CEO of ... Read more âș
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London-listed Bitcoin miner Argo Blockchain has raised ÂŁ4.2m through the sale of new shares to an institutional investor. The company will issue 76.9 million ordinary shares at a purchase price of 5.5p each for the unnamed investor. Argo Blockchain said the proceeds from this will support the relocation or sale of its Bitcoin mining equipment ... Read more âș
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A startup in London developing AI analytics technology for debt capital markets has closed a $50m (ÂŁ39.3m) Series B round. Based in the City, 9fin is looking to expand its debt capital markets analytics platform, having so far reached more than 200 institutional customers with combined assets worth over $17tn. The group has put a ... Read more âș
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The introduction of âvirtual passportsâ for businesses could save the UK economy ÂŁ600m lost in financial crime as global digital ID spend is projected to reach fresh highs of $26bn, according to new research. The Centre for Finance, Innovation and Technology (CFIT), a government-backed private sector-led body examining opportunities for the British fintech sector, has ... Read more âș
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Amid an AI arms race and growing use of big data-fuelled analytics, the CEOs who navigate their companies through the choppy waters with a steady hand on the tiller will be those with appreciation for tech skills. But current trends indicate that these are few and far between. Less than half of Chief Data Officers ... Read more âș
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This weekâs UK tech funding deals include mortgage services app Tembo, digital diagnostics tool PocDoc, AI fitness mirror Magic and more. UKTN tracked ÂŁ36.3m worth of UK tech investment this week (25 November to 29 November), an 89% week-on-week decrease across nine funding rounds. Hereâs your weekly roundup of UK tech startup funding deals. Tembo ... Read more âș
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London-based fintech Tembo has raised ÂŁ14m as it looks to scale its savings app and introduce new schemes in its mortgage product offering. The Aviva-backed Southwark startup was founded during the pandemic to increase access to homeownership for first-time buyers. It offers access to over 100 lenders, 10,000 mortgage products and 25 mortgage schemes. The ... Read more âș
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The boss of one of Londonâs biggest fintechs has joined the chorus of banks calling on Meta to ramp up its fraud prevention work. Charles McManus, the CEO of ClearBank, which builds banking and payment infrastructure, called on the Facebook and Instagram owner to remove fake and clone accounts from its platform, thought to be ... Read more âș
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Medical tech company Argent BioPharma has become the latest public company to ditch the London Stock Exchange over concerns about the regulatory burden and cost. Announced on Friday, the biotech firm said it had reviewed the requirements and costs associated with both its London listing and its listing in Sydney. The company said to âstreamline ... Read more âș
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As the result of the US election was all but confirmed, Mark Zuckerberg took to Threads to congratulate Donald Trump on his victory, saying: âWe have great opportunities ahead of us as a country.â Many in the global tech sector will view the election result as an opportunity. But with the mass exodus from X ... Read more âș
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Daniel Hulme is the co-founder and CEO of Conscium, an AI company exploring the questions of consciousness in artificial intelligence systems. The company claims to be the worldâs first applied AI consciousness research organisation. In this weekâs Founder in Five Q&A, Hulme discusses the importance of expert advice, creating your own destiny and the common ... Read more âș
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In an increasingly digitised world, software has become essential to businesses. The industry has thrived in recent years, with more businesses adopting cloud-based solutions, providing remote access to software applications, usually via a subscription model. The software distribution industry is particularly attractive to investors for several reasons: A large and growing market: Rapid digitisation is ... Read more âș
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11.03.2026 00:53
Last update: 00:46 EDT.
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