There is growing pressure on the Bank of London to release its hotly-anticipated annual report, with the fintechâs financial figures hurtling towards to being 150 days overdue. A spokesperson for the company was unable to give an update on the timing of the publication of the accounts, which were due to be submitted in September ... Read more âș
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Smart machines, from intelligent dishwashers to robotic surgeons, could open up ÂŁ150bn of gross value added (GVA) to the UK economy, according to a government-commissioned report. The Smart Machines 2035 strategy paper from the government-appointed Robotics Growth Partnership committee claimed that with industry support, the value of automated machinery to the British economy could increase ... Read more âș
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Dunelm has unveiled plans to roll out self-serve checkouts across its store estate as retailers up and down the country turn to tech solutions to help mitigate impending rises in labour costs. The furniture store said the move, which follows a âsuccessful trialâ, will see the technology installed across more than 100 stores over the ... Read more âș
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OpenAI CEO Sam Altman has celebrated the UK as âpivotalâ in the development of artificial intelligence as the Microsoft-backed firm shares data on Britainâs use of ChatGPT. The San Francisco giant revealed that the UK was in the top three countries for developers building through OpenAIâs technology, as well as for users paying for business ... Read more âș
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This weekâs podcast guest is Dame Dawn Childs, CEO of Pure Data Centres Group, who discusses the significance of the governmentâs decision to designate data centres as critical national infrastructure, the potential for the green energy transition to be supported, not hindered, by the power demands of AI and why Britain needs more engineers.  Pure ... Read more âș
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The declaration to be unveiled as part of the Paris AI Action Summit is ânot strong enoughâ, according to the artificial intelligence research group Ada Lovelace Institute. The group warned the summitâs agenda lacked the âsafety commitments of previous summitsâ, notably the AI Safety Summit held in the United Kingdom in 2023 that saw the signing ... Read more âș
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Intelligent self-driving cars got a step closer to hitting the UKâs streets on Monday as Wayve, the UKâs biggest autonomous driving technology company, names its new VP of product and delivery. Simone Fabris has joined the European leader in driverless vehicle software, tasked with heading up the development and delivery of its âEmbodied AIâ technology.  ... Read more âș
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The race for to get selected to build AI Growth Zones stepped up a gear today after the government said it would be welcoming expressions of interest (EOIs) for the scheme from local and regional authorities. Industry â including energy companies and data centre developers â is also being called upon to help drive forward ... Read more âș
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Conigital, a West Midlands-based autonomous vehicle technology company that announced it had raised half a billion pounds in 2023, has appointed a liquidator as it winds down. Revealed in Companies House filings, Conigital â named so as a portmanteau of connected digital â filed a special resolution that said the company be wound up voluntarily. ... Read more âș
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The finance chief of London-listed fintech CAB Payments has stepped down after almost a decade at the foreign exchange and cross-border payment firm. Richard Hallett was named the CFO and executive director of CAB Payments and its subsidiary Crown Agents Bank in 2016, during which he oversaw, among other things, the companyâs initial public offering ... Read more âș
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Tech professionals often have a lot on their plates, making staying organised key. Scribbled on sticky notes, managed through apps, or pencilled into planners â for most, to-do lists are the go-to strategy for time management. People swear by their benefits: a sense of accomplishment as each item is checked off, the convenience of having ... Read more âș
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Haatch has secured an additional ÂŁ10m investment from British Business Investments, a subsidiary of the British Business Bank, as it doubles down support for UK pre-seed B2B SaaS founders. The extra cash, which brings BBIâs total investment in Haatch to ÂŁ20m, has been committed as part of its Regional Angels Programme, aimed at increasing access ... Read more âș
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This weekâs UK tech funding deals include smart electricity startup Ionate, investigation software provider Blackdot Solutions and more. UKTN tracked ÂŁ40.2m worth of UK tech investment this week (3 February to 7 February), an 80% week-on-week decrease across six funding rounds. Hereâs your weekly roundup of UK tech startup funding deals. Ionate â ÂŁ13.6m Sector:Â Energy ... Read more âș
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Shares in London-listed cloud data centre company Iomart fell by around 27% on Friday after reporting an increase in customer churn. The Glasgow-founded cloud provided said in a trading update that a recent acceleration in customer churn, along with lower renewal levels in private cloud managed services has had an âamplified impact on profit contributionâ, ... Read more âș
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Ari Last is the founder and CEO of Bubble, a childcare platform connecting nannies and babysitters with families. In this weekâs Founder in Five Q&A, Last discusses hiring exceptional talent over blindly growing headcounts, the concerning impact of social media on kids and starting at his career as a football commentator for UEFA. What one thing ... Read more âș
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Digital banksâ share of primary banking relationships fell in 2024, a survey has found, as traditional high street banks ramped up incentives and fine-tuned their tech offering to attract and retain customers. Neobanks accounted for 5% of primary banking relationships in the UK in 2024, down from 6% in 2023, according to a survey of ... Read more âș
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A debt funding frenzy and a flurry of mergers and acquisitions in UK tech could be on the cards as the Bank of England cut interest rates for the third time in the past year. Britainâs central bank reduced the benchmark rate on Thursday from 4.75% to 4.5%, the lowest level since June 2023. With ... Read more âș
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Cambridge-based âadvanced intelligenceâ software provider Blackdot Solutions has received a ÂŁ4.5m round led by Maven Capital Partners. The funding will be used to scale the development of the companyâs investigation software used by governments, law enforcement and corporates. The bulk of the investment will come from Mavenâs Venture Capital Trust (VCT), with additional financing coming ... Read more âș
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A former executive at adult content business OnlyFans has joined the C-suite team at Oh, a recently launched startup offering intimate chats with AI-generated models. Erika Coppel, who worked as the global head of creator experience and marketing at OnlyFans for over two years, will join the startup as its chief marketing officer, tasked with ... Read more âș
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Data generated by quantum computers can now be used to train AI systems, following the unveiling of the worldâs first generative AI quantum framework (Gen QAI) from computing giant Quantinuum. The Cambridge and Colorado-based firm â formed in 2021 through a merger between Britainâs Cambridge Quantum Computing and Americaâs Honeywell Quantum Solutions â said its ... Read more âș
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14.05.2026 21:33
Last update: 21:15 EDT.
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