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Top UKTN (UK Tech News) News

Electric cars will be cheaper to buy, pledges Heidi Alexander
Electric Vehicles · United Kingdom

Electric cars will be cheaper to buy, pledges Heidi Alexander

56% Center coverage: 9 sources
See the Story
British Business Bank backs diverse and emerging fund managers with £500m package
Economy · United Kingdom

British Business Bank backs diverse and emerging fund managers with £500m package

100% Center coverage: 2 sources
Today the British Business Bank has announced a new £400m Investor Pathways Capital initiative which will support diverse and emerging fund managers across the economy and make it easier for new entrants, particularly those from underrepresented groups, to break into venture capital. The initiative, which will capture the value of a more inclusive investment ecosystem, is expected to launch in 2026.See the Story
Green Mobility Insurer Laka Targets Profitability with £7.75m Raise
London, England · London

Green Mobility Insurer Laka Targets Profitability with £7.75m Raise

Green mobility insurer Laka is targeting profitability after raising £7.75m in Series B funding. The London firm has evolved from a cycle insurer into a multi-vertical green mobility platform covering e-bikes, e-scooters and sustainable transport across nine EU markets and the UK. Laka’s main offering is collective-driven insurance – with its flagship product being bike, e-bike and e-cargo bike insurance – alongside other products such as person…See the Story

[Opinion] Chancellor Names Former RBS Boss CEO of National Wealth Fund

Chancellor Rachel Reeves has appointed the former CEO of RBS International as CEO of the National Wealth Fund. Oliver Holbourn, who left RBS International Holdings – a subsidiary of NatWest Group – last month, will lead the government’s principal investor and policy bank, which is at the forefront of investing public money and mobilising private capital to help deliver on its growth and clean energy missions. He previously served as CEO of UK Fi…Rachel Reeves · United KingdomSee the Story

FCA To Review Client Categorisation Rules To Unlock Investment And Support UK Capital Markets - Data Intelligence

The Financial Conduct Authority is preparing to revise its client classification framework to ease access to capital markets for high-net-worth and sophisticated investors, aiming to encourage investment and reinforce the UK’s position as a global financial hub. The review, announced ahead of the FCA’s Secondary International Competitiveness and Growth Objective (SICGO) report, is part of a broader effort to drive economic growth. It will focus …London, England · LondonSee the Story

UK tech incorporations soar in second quarter of the year

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 of 17% from the first quarter of 2025. The surge in incorporations from last year has been seen across all regions in the UK, w…United Kingdom · United KingdomRead Article

Shell's former AI boss named president of Applied Computing

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 CTO, a role in which he led the firm’s AI programme. Before joining Shell, Jeavons spent a few years as a consultant…Shell · LondonRead Article

Bruntwood SciTech Completes £87m No.3 Circle Square

Bruntwood SciTech has completed No.3 Circle Square, a new £87m, 267,000 sq ft sustainable workspace in the heart of Manchester’s Oxford Road Corridor knowledge quarter. It says the 15-storey building has been purposefully designed to meet the needs of high-growth tech, digital and innovation-led businesses.  It forms part of Circle Square – a £750m innovation neighbourhood and joint venture between Bruntwood and Vita Group. This latest addition …Manchester, England · ManchesterSee the Story

EXCLUSIVE: Tech Secretary on the potential of UK tech

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 burdensome regulatory processes were holding back growth and innovation. According to the minister, on…United Kingdom · United KingdomRead Article

Creating a digital government – Tech Secretary Peter Kyle

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 the reins of the Tech Department when Labour came to power in July 2024. The MP for Hove and…Hove, England · HoveRead Article

Pri0r1ty v Primorus: Listed Firms in Legal Row

A legal row has erupted after Pri0r1ty Intelligence Group PLC accused investor Primorus Investments plc of violating a lock-in agreement. AI, data and marketing services group Pri0r1ty says Primorus – like itself, listed on London’s junior Alternative Investment Market – was not allowed to dispose of its shares in the firm for 12 months following its flotation on 30th December 2024. Primorus announced on 25th June 2025 that it had done just that…Artificial Intelligence · LondonSee the Story

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