Banks tell Sunak that big tech firms need to do more to tackle fraud June 18, 2023 A group of the UK’s largest banks have told Prime Minister Rishi Sunak that big tech firms should help contribute to the reimbursement of fraud victims. According to Sky News, the banks said the rising tide of fraud in the UK is having a “material impact on how attractive the wider UK financial sector is [...]
Are we genuinely staying ahead of the curve in FinTech by blatantly ignoring Bitcoin? April 28, 2023 Susie Violet Ward is dismayed at the amount of time, effort and money being put into CBDCs, and believes Bitcoin already holds the answers.
Our top-notch clusters of science and tech can support people everywhere in the UK June 14, 2023 Not many countries excel in science and tech in the way the UK does, encompassing things like agritech and bioscience. But the benefits of this sector must reach everyone, writes George Freeman
Arm listing failure shows occasional weakness of UK’s tech ecosystem March 5, 2023 In truth, it was always highly unlikely that Arm would list in London. From the moment a proposed takeover by Nvidia collapsed, any other result other than a Wall Street debut was almost a non-starter. But the British firm’s decision to cross the Atlantic for a public offering should not be ignored just because it [...]
Tech Week Day One: Despite a global economic downturn, London leads the way June 12, 2023 A very special tenth anniversary edition of London Tech Week opened to sizzling temperatures and crackling excitement, with the mayor of London and the prime minister addressing a packed house at the Queen Elizabeth II Centre. The overriding message for the capital was one of optimism. In the midst of a global economic downturn, the [...]
Why Tech Needs To Support Women In Menopause October 24, 2022 Brain fog leading to poor concentration, tiredness, low mood and reduced or lowered confidence: these are all symptoms of menopause that affect women at work. A CIPD survey of 1,409 women experiencing menopause symptoms was led by YouGov and found that 59% of working women between the ages of 45 and 55 who are experiencing [...]
There’s no time for us to dither on creating sensible rules for artificial intelligence tech June 19, 2023 From artificial intelligence to fintech, we must go further. Competition is fierce, so we need flexible but strong rules to ensure innovative companies can prosper in the UK in both fields, writes Nicholas Lyons
As a government, we need to bring tech success to ordinary Brits’ lives March 6, 2023 In my new role as Technology Secretary, it won’t surprise you to hear that I get hundreds of emails, and many of them end with that familiar automated line “sent from my iPhone”. I am sure everyone reading this will have had the same, and never thought twice about it. But this week, as I was thinking [...]
Revolut shareholder slashes firm’s value by nearly half as investors sour on tech April 24, 2023 Revolut’s value has plunged by nearly half over the past year according to one of its shareholders, as investors reconsider the hefty price tags attached to tech and fintech firms during a 2021 funding frenzy. Schroders Global Innovation Trust, a long-time Revolut investor, revealed in a regulatory filing last week that it had written down [...]
EXCL – Tech investments increasingly casualty of recession and skills shortage January 10, 2023 More than half of UK business leaders believe their companies’ digital platforms – such as websites, apps and customer-facing tech – fail to stand out against competitors, with almost half ready to invest in making improvements in 2023. However, according to the data that was shared exclusively with City A.M. today, significant hurdles and concerns [...]