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AccessPay secures £18.9 million investment Led by True Ventures 

AccessPay secures £18.9 million investment Led by True Ventures 

Manchester-based bank integration solution AccessPay will use investment to further propel momentum and expansion     Manchester, UK – 21 March 2024 – AccessPay, the leading bank integration provider, today announced that it has closed its strategic funding round at $24 million with a combination of equity and debt. The round was led by True Ventures,...

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Century-Tech (CENTURY Tech) secures Series A investment from Hambro Perks

Century-Tech (CENTURY Tech) secures Series A investment from Hambro Perks

London, 8 February 2024 – Hambro Perks today announces its tenth investment from its Growth Debt Fund, providing funding to Century-Tech Limited (“CENTURY”), a leading AI Edtech platform for schools, colleges and universities. CENTURY was founded by Priya Lakhani OBE in 2013 and is headquartered in London (with close to 100 employees). The company has developed...

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Travel chaos at UK airport amid confusion over 100ml liquid rules

Travel chaos at UK airport amid confusion over 100ml liquid rules

New 3D scanners could spell the end of frustrating liquid limits at airports but there have been major delays in installing the new tech in the UK. ADVERTISEMENT The UK’s Birmingham Airport saw major delays this weekend amid confusion over new rules about liquids in hand luggage. Photos on social media showed queues that stretched...

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Solus Power secures investment from Marbanc International

Solus Power secures investment from Marbanc International

EV Charging Innovator Solus Power Secures Funding From Leading Investment Firm Marbanc International Solus Power has secured funding from Marbanc International to fuel commercialisation of its EV charging products UK-based company, Solus Power, has developed a cutting-edge mobile charging innovation called ‘Kratos’ The portable charging solution solves the challenge of providing flexible energy across diverse...

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UK, Canada investigate 23andMe data breach: Report  

UK, Canada investigate 23andMe data breach: Report  

Privacy authorities in Canada and the United Kingdom have launched a joint investigation to assess the scope of sensitive customer information exposed in 23andMe data breach. | Photo Credit: Reuters Privacy authorities in Canada and the United Kingdom have launched a joint investigation to assess the scope of sensitive customer information exposed in last year’s...

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Inside Europe’s tech hubs: London and the United Kingdom

Inside Europe’s tech hubs: London and the United Kingdom

Europe largely missed out on the internet age, especially when compared to the tech giants that grew out of the U.S. and China. But Europe’s tech hubs have been buzzing as of late, hoping to seize the opportunities coming out of the AI boom. In a four part series, CNBC’s Arjun Kharpal and Tom Chitty...

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UK Trails Behind Europe in Technical Skills Proficiency, Coursera Report Finds

UK Trails Behind Europe in Technical Skills Proficiency, Coursera Report Finds

The U.K. is the 25th most technically proficient country in Europe, a new report by online course provider Coursera has found. It sits well behind other digital leaders in the region like Germany, France and Spain. Globally, the U.K. came 45th out of 109 countries, which is an improvement from last year’s 64th place; however,...

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UK tech bosses urge focus on AI skills and growth in high-stakes election — no matter who wins

UK tech bosses urge focus on AI skills and growth in high-stakes election — no matter who wins

U.K. Prime Minister Rishi Sunak (left), leader of the incumbent Conservatives, and opposition leader Sir Keir Starmer of the Labour Party. The politicians traded barbs in their first head-to-head debate on Tuesday ahead of the July 4 General Election. Pa Images | Getty Images LONDON — British technology executives and entrepreneurs want the next government...

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$17 bln UK adtech lawsuit against Google can go ahead, tribunal rules

$17 bln UK adtech lawsuit against Google can go ahead, tribunal rules

Google parent Alphabet must face a mass lawsuit which accuses it of abusing its dominance in the online advertising market, London’s Competition Appeal Tribunal (CAT) ruled on Wednesday. The lawsuit, which seeks damages of up to 13.6 billion pounds ($17.4 billion) on behalf of publishers of websites and apps based in the United Kingdom, is...

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The Value of Data | Silicon UK Tech News

The Value of Data | Silicon UK Tech News

    Data has become the cornerstone of modern business strategies in today’s rapidly evolving digital landscape. For business leaders, understanding and leveraging the value of data is paramount to maintaining competitiveness and driving innovation. Data is no longer just a byproduct of business operations; it is a critical asset that can unlock unprecedented opportunities...

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