Audit, tax and consulting firm RSM UK will transition to an “AI-centric model” through a new partnership as professional services groups increasingly turn to the technology. The group aims to become the UK’s leading example of an AI-powered consultancy through a tie-up with IntellixCore, a London-based agentic AI company. RSM UK will also launch a ... Read more ›
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The UK has set ambitious targets to increase the capacity of its energy grid to meet the intense demands of its similarly ambitious AI growth agenda. The AI Energy Council, a joint initiative from the Technology and Energy Departments, recently suggested a goal of the energy grid being able to handle a twenty-fold increase in ... Read more ›
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Representatives from the AI and creative sectors will convene into working groups to seek solutions to the ongoing issue of copyright protections for training data. For as long as publicly available AI models have been able to generate writing, images and video based on the data of millions of existing pieces of work, there has ... Read more ›
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Chancellor Rachel Reeves delivered her annual Mansion House speech on Tuesday evening, during which she spoke of the need to support the financial sector to drive British growth, back riskier assets in the tech industry and, of course, the government’s mission to remove the barriers of red tape holding back industry. There had been plenty ... Read more ›
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Numan, a digital platform offering healthcare support, has extended its Series B round with a $60m (£44.7m) investment. The new funding comes at a period of rapid growth for the health tech, which recently doubled its year-on-year revenue to $90m (£67.2m). Numan’s digital health platform includes consultations with clinicians, medication prescriptions, behavioural health coaching and ... Read more ›
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A new government initiative to back tech entrepreneurs outside of London has launched, supported by £1m of funding. The Regional Tech Booster Programme from the Department for Science, Innovation and Technology (DSIT), aims to close the gap between the UK capital and the country’s other tech ecosystems. The programme hopes to support tech clusters and ... Read more ›
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Chancellor Rachel Reeves has named Oliver Holbourn, the former chief executive officer of RBS International, as the new head of the UK’s National Wealth Fund. The government-owned investment group was launched by in October 2024 with a funding commitment of £2.5bn. Reeves has since set new priorities for the National Wealth Fund, backed by £5.8bn ... Read more ›
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The number of new UK tech company incorporations reached a record high in the second quarter of the year, according to new figures. Analysis from consulting firm RSM UK found that a total of 14,262 new tech companies were incorporated last quarter, a 16% surge from the same period last year and a quarter-on-quarter rise ... Read more ›
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Applied Computing, a British tech firm developing AI models for the energy industry, has appointed a long-serving executive at oil and gas giant Shell as its president. Dan Jeavons, a veteran of the energy sector, spent almost 20 years at Shell, most recently serving as its VP of computational science and digital innovation and IT ... Read more ›
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Tech-focused property developer Bruntwood SciTech has completed the construction of No.3 Circle Square, an £87m workspace in Manchester’s knowledge quarter. The 15-storey, 267,000 sq ft space will house local technology firms and major international businesses. Digital automotive marketplace Auto Trader, comms giant Havas and sportswear brand PUMA have all announced plans to move to No.3 ... Read more ›
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Laka, a London-based insurtech business specialising in green mobility, has announced a Series B fundraise of £7.7m. The firm provides insurance services across a variety of sustainable transport methods, with its flagship product covering bikes, e-bikes and e-cargo bikes. Laka offers a collective-driven insurance model, meaning each month’s claims are shared amongst its collective of ... Read more ›
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The UK’s financial markets regulator has announced a series of reforms to reduce the time and costs associated with British firms raising growth capital. The Financial Conduct Authority (FCA) said its new rules will widen access to investment opportunities for consumers and reduce the burden on companies. Among the suite of measures announced by the ... Read more ›
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In an exclusive interview on the UKTN Podcast, Technology Secretary Peter Kyle claimed the UK will be able to “overtake America” in many areas of tech after reforms to the regulatory system are implemented. Kyle claimed the government was creating “the best regulatory environment in Europe”, in response to criticisms from the tech industry that ... Read more ›
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This week’s podcast guest is Peter Kyle, Secretary of State for the Department for Science, Innovation and Technology. Kyle discusses the enormous challenge of transforming government services for the automated digital age, how the government plans to create millions of skilled AI workers and Labour’s hands on approach to the tech sector. Kyle was given ... Read more ›
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The Department for Transport has announced a new £63m investment package to support the construction and adoption of electric vehicle (EV) infrastructure across the country. The funding will support the rollout of low-cost at-home charging for households without driveways. The department has set aside £25m for local authorities to expand access to at-home charging facilities ... Read more ›
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Ahead of her Mansion House speech, Chancellor Rachel Reeves has been warned against mandating pension assets towards risk capital by an influential investor and Bank of England director. Dame Anne Glover, co-founder and chief executive of Amadeus Capital Partners and non-executive director at the Bank of England, said that current efforts to ensure funds go ... Read more ›
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Pri0r1ty Intelligence, a London-listed provider of AI, data and marketing services, has launched an investigation into one of its investors over a potential breach related to the sale of its shares in the group. Primorus Investments, itself also listed on London’s Alternative Investment Market (AIM), has been accused of violating a lock-in agreement with Pri0r1ty ... Read more ›
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Inntelo, a startup that has developed an AI concierge for the hospitality sector has secured a pre-seed round of £506,000 as it looks to scale its commercial operations. The Inntelo AI platform provides hotels with an automated concierge agent that guests can access via WhasApp. The agentic AI system acts as the first point of ... Read more ›
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Tech consultancy group Plexal has been appointed by Transport for London (TfL) to support the integration of new technologies. Plexal will lead a consortium of tech groups to assess which technologies can be effectively implemented to improve the efficiency of the UK capital’s transport network. The group will scout for innovative solutions to TfL’s operational ... Read more ›
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British climate tech startups Cusp AI, Fuse Energy and BeyondMath are among a cohort of 23 firms selected for an AWS-backed fellowship programme. The Compute Climate Fellowship is an international programme to fund the creation of new technologies working to combat the climate crisis. Participants will be given access to AWS’s cloud computing and AI ... Read more ›
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This week’s UK tech funding deals include embedded insurtech platform Wrisk, AI customer service startup Gradient Labs and more. UKTN tracked £32.05m worth of UK tech investment this week (7 July to 11 July), a 46% week-on-week decrease across six funding rounds. Here’s your weekly roundup of UK tech startup funding deals. Wrisk – £12m ... Read more ›
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Earlier this week, Android users received an email from Google that its AI chatbot, Gemini, will interact – and track – user data regardless of whether the Gemini Apps Activity setting is switched on or off. According to Google, “Gemini uses info from your devices” and “accesses certain system permissions and data, like call and ... Read more ›
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Griffin Parry is the chief executive and co-founder of m3ter, a usage-based pricing platform helping SaaS companies scale revenue operations without replacing legacy systems. Previously, Parry co-founded GameSparks which was acquired by Amazon in 2017 and has previously held leadership roles at AWS and Sky. He launched m3ter after seeing billing pain up close, first ... Read more ›
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The Online Safety Act, a piece of legislation brought in to rein in dangerous content shared digitally, has been criticised for its inability to target misinformation. In a report from the Science, Innovation and Technology Committee within parliament, the group said the act “fails to keep UK citizens safe from a core and pervasive online ... Read more ›
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The government has launched a scheme to bring AI engineering talent to the public sector, backed by a $1m (£739,000) grant from tech giant Meta. As the government turns increasingly to AI tools to improve the efficiency of public services, the programme has been launched to secure highly sought after engineering experts to work on ... Read more ›
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Technology Secretary Peter Kyle will host a delegation of Saudi Arabian government officials as part of a showcase event designed to encourage investment from the Middle Eastern kingdom. Saudi Minister of Communications and Information Technology Abdullah Alswaha will join Kyle (pictured) on Friday, who will demonstrate economic opportunities in fields such as quantum computing, autonomous ... Read more ›
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Most popular sources
Wired
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42% 36 |
Gizmodo
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16% 7 |
Business Insider
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12% 24 |
The Verge
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4% 3 |
MacRumors
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3% 3 |
| View sources » | |
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16.07.2025 12:14
Last update: 12:06 EDT.
News rating updated: 19:03.
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