‘Guilt-free flying within our reach’ but still ‘decades away’ as government commits £113m to net-zero travel tech February 7, 2023 Guilt-free net-zero flying is within our reach according to the government, as ministers invest £113m in new net-zero technology. The DfT and BEIS have announced funding for aerospace companies such as Rolls-Royce and Bristol-based Vertical Aerospace to develop cutting-edge technologies, such as flying taxis and hydrogen-fuelled planes. Rolls-Royce will receive almost £83m to develop liquid [...]
Space-tech real estate to take-off as investment gathers pace May 18, 2022 Space-tech real estate is forecast to take-off, following in the footsteps of the UK’s post-Covid-19 life sciences property boom, according to Savills. The UK has doubled down on its blossoming industry, which pulls around £16bn into the economy each year, as it looks to launch from its own soil this summer. “The space industry [...]
Release the Kraken! Octopus expands tech platform to water and broadband services May 18, 2022 Kraken Technologies is extending tentacles into the utilities sector, with new water and broadband services.
UK to take ‘back seat’ as EU leads the way for Big Tech regulation June 20, 2022 Departing chief of the UK competition watchdog has warned that the UK risks falling behind its European cousins after the government backtracked on giving the regulator enhanced powers to hold Big Tech to account. Speaking to the Financial Times, Andrea Coscelli said that the UK will become a “rule taker” rather than leader in this [...]
Tech week a chance to celebrate London and the City’s most powerful urge: competition June 13, 2022 It is more than a little tempting to think at the moment that nothing in Britain works very well. Anybody with tickets to the Rolling Stones or the cricket in Headingley next week will face a rail strike, families looking to get away for a well-deserved break will need to carry a week’s supplies just [...]
UK data agency plays down privacy risks of connected tech, as demand for Amazon Alexa and Google Nest show consumer trust January 17, 2023 The UK’s data watchdog has played down potential privacy concerns linked to connected technology, arguing that strong demand for devices like the Amazon Alexa and Google Nest suggest British consumers are not that worried. MPs from the Digital, Culture, Media and Sport Committee (DCMS) yesterday quizzed the Information Commissioner’s Office, as well as Amazon and [...]
How Ukrainian crypto and tech entrepreneurs are helping to defend the home front May 20, 2022 Denys Andrushchenko of WTFbit Group hails the heroics of Ukraine's crypto entrepreneurs who mobilised in the face of Russian aggression.
Aston Martin to work with Britishvolt on EV battery tech March 14, 2022 A new agreement between Aston Martin and Britishvolt will focus upon creating high-performance battery tech for future supercars.
Google gears up for £20bn ‘ad tech’ claim that it pushes revenues away from newspapers September 13, 2022 Google is being sued for up to €25bn (£21.6bn) over claims it has deprived other sites from obtaining billions of pounds in advertising revenues. The class action complaints from both UK and the Netherlands argue that the Silicon Valley giant used its advertising tech to unfairly sideline publishers, like newspapers, magazine and blogs. The main [...]
Untapped tech adoption could boost UK economy by £232bn annually June 8, 2022 Accelerated digitalisation of British small and medium firms would inject £448bn into the UK economy, according to fresh research from Sage. With small and medium businesses’ (SMBs) tech usage currently contributing £216bn to the UK economy, the FTSE 100 firm found that SMBs could add an extra £232bn if technology was fully utilised across the [...]