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News
Fintech???s regulator-powered growth can be the model for scaling UK tech
2+ hour, 36+ min ago (133+ words) The UK has everything you need to start a great tech business: world-class universities, fantastic talent and plentiful early-stage funding. Scaling those businesses through the latter stages of private funding and beyond can be more challenging. That’s true even where…...
UK AI funding skyrocketed in first half of the year
22+ hour, 37+ min ago (204+ words) Funding for UK AI companies in the first half of 2026 reached an enormous $9.6bn (£7.1bn), representing a major increase compared with the year before, according to new data. In the new UK AI – H1 2026 Report from Tracxn Technologies, funding for British AI firms…...
Aurrigo awarded??1.43m grant for autonomous airport vehicles
1+ day, 1+ hour ago (252+ words) Autonomous vehicle manufacturer Aurrigo International plc has been awarded £1.43m in UK government funding to evaluate how driverless technology can enhance airside airport safety and operations. The grant, awarded under the Department for Business, Innovation, Science and Trade’s CAM Pathfinder scheme…...
UK tech funding roundup: This week's deals from OLIX to Wordsmith
3+ day, 22+ hour ago (155+ words) This week’s UK tech funding deals include semiconductor developer OLIX, AI legal assistant Wordsmith and more. UKTN tracked £257.8m worth of UK tech investment this week (3 August to 7 August), a 25% week-on-week increase across three funding rounds. Here’s your weekly roundup of…...
Legal AI group Wordsmith extends Series B with??10m boost
4+ day, 21+ hour ago (237+ words) Edinburgh-based legal tech firm Wordsmith AI has secured a $14m (£10.4m) extension to its Series B funding round, drawing new backing from Intact Private Capital and FT Ventures. The new funding includes follow-on investment from existing shareholders Highland Europe and Index Ventures,…...
Rogue AIs are wreaking havoc, what is going on?
4+ day, 22+ hour ago (114+ words) In an alarmingly short space of time, a handful of the world’s most powerful and advanced AI developers have been forced to admit that versions of their technology have gone rogue and independently escaped controlled conditions before breaching other organisations....
A quarter of UK businesses have???poor digital health???
5+ day, 1+ hour ago (262+ words) Just over a third (35%) of UK businesses have good digital health and 26% are rated as ‘poor’, according to a new study commissioned by Zoho. The study rated businesses surveyed on their practices within digital transformation and how effectively businesses manage…...
Three-quarters of SMEs have no formal AI governance policy
5+ day, 22+ hour ago (245+ words) A lack of governance by SMEs is leaving employees using AI tools without clear boundaries on data privacy, acceptable use or quality control, according to new research by Startups.co.uk. A survey found that 75% of UK businesses operate without…...
FCA moves to simplify UK IPO listing rules
6+ day, 35+ min ago (168+ words) The Financial Conduct Authority (FCA) has introduced reforms to the UK IPO regime, removing key research delays to streamline public listings and bolster market competitiveness. The regulatory changes focus on removing the mandatory seven-day waiting period for connected analyst research…...
NCSC concerned over 'unsanctioned actions' of frontier AI models
6+ day, 2+ hour ago (292+ words) The chief technology officer of the UK government’s cyber security support agency has expressed concern over recent ‘unsanctioned actions’ carried out by frontier AI models. The group has responded to recent incidents involving models from OpenAI and Anthropic that escaped…...