The UK National Quantum Strategy explained
The UK government has been vocal about its ambition to make the country a “science and tech superpower”. In that spirit, it has unveiled a...
Category : Government & Policy
CMA says £1.2bn data firm merger could raise costs for NHS
The UK’s competition regulator has raised concerns that a £1.2bn merger of two data firms based in the US and UK could result in higher...
Chancellor extends British Patient Capital mandate to 2033
British Patient Capital will continue backing later-stage UK companies up until 2033 after the government extended its mandate in the Spring Statement. It extends British...
Spring Budget: Startup R&D tax credit changes slammed as ‘short-sighted’
Chancellor Jeremy Hunt has announced a partial reversal to R&D tax credit cuts in the Spring Budget after facing months of pressure from startup advocacy...
‘Huge sigh of relief’: Startups catch breath after SVB UK rescue
Tech startups around the UK have let out a collective sigh of relief following HSBC’s purchase of Silicon Valley Bank UK and are now resuming...
Bank of London confirms SVB UK rescue bid
The Bank of London, a clearing bank launched in 2020, has submitted a bid to buy the UK subsidiary of Silicon Valley Bank after it...
Female-founded tech firms raise £3.6bn funding from VCs in 2022
UK tech companies founded by women last year secured £3.6bn in venture capital funding in 2022, an increase of £700m on the year prior. Data...
Innovate Finance calls for better transparency in Open Banking
The UK’s fintech industry body Innovate Finance has called for the removal of obstacles and more transparent governance in the Open Finance sector. Issues with...
UK foreign secretary creates first Indo-Pacific tech envoy
The foreign secretary is creating the first tech envoy to the Indo-Pacific region to champion the UK’s tech and science sectors. The tech envoy, who...
Barclays Eagle Labs: We’re not the ‘bogeyman’ – we’re ready to support UK tech
Barclays Eagle Labs has said it is ready to support the UK tech industry and win over critics who think it’s “the bogeyman” after the...
