The UK is world famous for its wet, windy weather. Flanked by the Atlantic Ocean and the blustery North Sea, with its long coastline and small landmass, fast-moving jet streams and low-pressure systems can quickly engulf much of the country. And while this does often mean that in the winter you’re far more likely to ... Read more ›
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Mini has seen a surge in sales of electric vehicles, propelling the carmaker to become the eight most popular EV brand so far this year, fresh data has shown. The firm registered 2,484 new EVs in the first two months of 2025, a sixfold increase compared to the previous year, according to figures from New ... Read more ›
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PassEntry, a startup that issues Apple and Google Wallet digital passes for brands, has secured a £5.2m investment. The company said it expected the new investment to help scale its customer base by 300%, with plans to expand into five additional international markets, notably in North America and Asia Pacific. Founded in 2019, the Fulham-based ... Read more ›
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The University of Oxford has been named in a new $50m partnership between OpenAI and 15 top universities to roll out AI tools and accelerate research breakthroughs. Under a five-year programme, students and faculty staff will gain access to research grant funding, enterprise-level security and AI tools to enhance teaching, learning and research. The initiative ... Read more ›
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Revolut’s rumoured $60 billion valuation in a potential secondary share sale reveals both the extraordinary scale the UK venture capital industry has achieved and the profound liquidity challenge facing investors. While the fintech giant represents a British success story of global proportions, the speculation around this secondary offering exposes a fundamental tension in the ecosystem: ... Read more ›
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IT firm Cloudsmith has closed one of Northern Irelands’s biggest-ever venture capital rounds, securing $23m (£18m) for its Series B. The Belfast-based software supply chain company secured the funding from California’s TCV, which led the round that also saw backing from Insight Partners and existing investors. The new investment represents the fourth-largest funding round for ... Read more ›
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The UK Technology Secretary Peter Kyle has called for support from central government for domestic chip production to ensure Britain’s “resilience and security”. Speaking to UKTN, Kyle, who was visiting the semiconductor manufacturing hub of Newport, Wales, said the technology is “underpinning the growth of the economy” and the “transition of the government towards a ... Read more ›
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Shares in Oxford Nanopore sunk as much as 12% in early trade as the biotech business warned of the potential knock to sales of a cut in US federal funding. The London-listed firm, based in the Oxford Science Park, said there “remains material uncertainty and risk” to funding to the US National Institutes of Health ... Read more ›
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This week’s podcast guest is Susan Taylor Martin, the CEO of the British Standards Institution, who discusses the need to offer businesses meaningful standards of how to use AI ahead of any binding legislation and the unenviable challenge of coordinating AI regulation across international borders and changing administrations. The British Standards Institution (BSI) is a ... Read more ›
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Crypto criminal Olumide Osunkoya has been sentenced to four years in prison in a landmark UK conviction for the illegal operation of cryptourrency ATMs. The 46-year-old, who pleaded guilty last September in Southwark Crown Court, has been sentenced for operating crypto ATMs – physical kiosks used to buy and sell cryptoassets – at 28 different ... Read more ›
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Shares in Argo Blockchain jumped as much as 16% in early trade on Monday as the London-listed cryptocurrency miner said it had secured $40m in debt financing. The initial tranche of the Financing would be $15m with follow on tranches of up to $25m advanced over the next 18 months, the firm said. The proceeds ... Read more ›
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Autonomous driving software group Wayve is pushing ahead with what its CEO called a “year of global expansion” as it sets up shop in Germany. Wayve, one of the UK’s largest AI companies with a valuation of $3bn, is launching an on-road testing and development hub in Stuttgart, securing a base in one of the ... Read more ›
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Here are eight words that could prove transformative for the UK tech sector: The private intermittent securities and capital exchange system. It’s a bit of a mouthful. But this system – PISCES for short — could make it much easier for fast-growing firms to find investors. Legislation is set to appear in May with a ... Read more ›
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Pearson is doubling down on its generative AI integration as it posts a slight bump in its pre-tax profit for 2024. The education company reported a profit of £510m for 2024, a 3% increase from the year before. Pearson said the continued roll out of new AI innovations across its portfolio of education products remained ... Read more ›
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This week’s UK tech funding deals include credit score provider ClearScore, AI logistics startup Relay and more. UKTN tracked £95.6m worth of UK tech investment this week (24 February to 28 February), a 22% week-on-week decrease across seven funding rounds. Here’s your weekly roundup of UK tech startup funding deals. ClearScore – £30m Sector: Fintech ... Read more ›
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International Women’s Day next week will be marked against the backdrop of a new US administration committed to removing gender equity aspirations (amongst others) from its federal policy. And corporations across the globe are tripping over themselves to follow suit – whether it’s Mark Zuckerberg lamenting the supposed lack of ‘masculine energy’ in the tech ... Read more ›
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Edd Read is the co-founder of Graze, a snack box subscription business, and Tiney, an edtech and childcare platform. In this week’s Founder in Five Q&A, Read discusses why founders need to know when to pass on the chief executive torch, the importance of a paper notebook and why few people actually understand the blockchain. What ... Read more ›
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UK universities are world-renowned for their academic excellence and quality of research, with over 15 British institutions ranking in the top 100 universities globally. From gene sequencing to quantum computing and nuclear fusion, university research departments are at the forefront of technological innovation, producing companies with the potential to not only reshape industries, but radically ... Read more ›
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This February, London & Partners’ international trade programme, Grow London Global, launched its sixth cohort in less than two years – having already supported more than 500 of the UK’s most innovative tech companies, and achieving international business wins worth more than £428m since 2023. The programme’s mission is to take some of the best ... Read more ›
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Plans to build a private stock market to give more firms access to liquidity have attracted “global interest”, the boss of the London Stock Exchange has said. LSEG CEO David Schwimmer said the new market, known as PISCES, would be “a great opportunity for investors to get access to private assets.” “We’ve had a lot ... Read more ›
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14.05.2026 19:27
Last update: 19:15 EDT.
News rating updated: 02:20.
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