News

Technology startups

• July 08, 2020 08 Jul'20

  Security funding soars despite Covid-19 slump, but problems lie ahead

  The overall cyber security funding ecosystem in the UK is healthier than ever despite Covid-19, but the figures mask stark and concerning disparities in where the money is going

• July 06, 2020 06 Jul'20

  Lorca scale-ups bring diverse security to the fore

  London Office for Rapid Cybersecurity Advancement announces the cyber security scale-ups that will make up its fifth cohort

• July 06, 2020 06 Jul'20

  Ferry port implements terminal operation system remotely

  UK ferry port takes advantage of suppliers remote-working capability to complete IT project during lockdown

• July 03, 2020 03 Jul'20

  Green tech needed for post-Covid economic recovery

  Green technology investments could help society recover from the coronavirus – and prepare it for the long-term negative social and economic outcomes of climate change

• July 03, 2020 03 Jul'20

  Bergen’s tech hub seeking to scale after positive start

  Norway's second largest city is building a tech ecosystem that is beginning its development with a focus on the city's industrial heritage

• July 02, 2020 02 Jul'20

  New normal of remote working sees more than half of innovation budgets cut

  Nearly one-fifth of tech executives have seen significant reductions in their innovation budgets because of the Covid-19 pandemic, says report

• July 02, 2020 02 Jul'20

  Accenture to cut 900 UK staff

  Accenture is cutting 900 jobs in the UK, as business levels drop amid the global Covid-19 pandemic

• June 30, 2020 30 Jun'20

  Government expands Future Fund eligibility criteria

  The Future Fund will now be accessible to startups that have previously taken part in accelerator programmes, but early-stage firms continue to struggle

• June 29, 2020 29 Jun'20

  GCHQ launches Manchester accelerator programme to help firms leverage tech for citizen well-being

  Innovation Co-Lab will mentor companies to grow, prevent crime and improve online safety

• June 26, 2020 26 Jun'20

  CBI: Government must take steps to drive SME business innovation

  The coronavirus pandemic has shown how much can be achieved in a short period with a strong partnership between government and industry – and this needs to continue

• June 25, 2020 25 Jun'20

  CBI: Digital economy needs joined-up regulations and gigabit broadband

  The coronavirus pandemic has shown the need for fast, reliable networking across the UK. The CBI is urging the government to do more

• June 25, 2020 25 Jun'20

  Peer-to-peer lender Zopa gets full banking licence

  Peer-to-peer lending pioneer works towards creating the ‘Netflix of banking’

• June 18, 2020 18 Jun'20

  Nordic business is leading open banking charge in Europe

  Nordic region has the right ingredients to prove open banking can benefit consumers, businesses and the economy

• June 11, 2020 11 Jun'20

  Amazon bans police use of its facial-recognition technology for a year

  Tech giant claims it has been an advocate for stronger government regulation on the ethical use of facial recognition

• June 10, 2020 10 Jun'20

  CogX 2020: Rethinking technological innovation

  Innovation processes and relationships must be fundamentally restructured to bring in more stakeholders, and spread the benefits of technological change as far as possible

• June 10, 2020 10 Jun'20

  Berlin breaks the national mould to become a global hub

  German capital is attracting tech startups from across the world as it cements its position as a leading European hub

• June 09, 2020 09 Jun'20

  Major technology companies ‘negligent’ on forced labour practices

  Most of the world’s largest information technology companies continue to leave supply chain workers at serious risk of forced labour, according to a new report that highlights the sector’s inaction

• June 05, 2020 05 Jun'20

  London Tech Week to go ahead through Zoom

  London Tech week will go ahead next week, with the tech industry attending through Zoom

• June 02, 2020 02 Jun'20

  Government departments could cut payment costs through API deal

  The UK government adds fintech to its approved procurement list which promises to cut the costs of receiving payments

• June 01, 2020 01 Jun'20

  Former Sage boss becomes chairman of Tech Nation

  After five years as chair of Tech Nation, Eileen Burbidge has stepped down. Replacing her is Stephen Kelly, who says he wants to support the next generation of tech scaleups

• May 29, 2020 29 May'20

  UK fintech investment reaches record high

  Huge increases in UK fintech investment over the past three years has seen the sector explode, but most of the activity is still concentrated in London

• May 27, 2020 27 May'20

  British companies dominate safety tech sector

  UK companies dominate ‘safety tech’ sector with a quarter of global market share, says report, although legislation regarding online harms has stalled

• May 27, 2020 27 May'20

  New Level39 chief sets out vision for incubator

  New head of Level39 speaks to Computer Weekly about her vision for the accelerator going forward, and how it will leverage its network to support the startup and tech community

• May 21, 2020 21 May'20

  Cyber security magnate Kaspersky launches travel accelerator

  With travel and tourism devastated by the Covid-19 pandemic, cyber security entrepreneur Eugene Kaspersky is funneling resources into an accelerator to help the beleaguered industry

• May 21, 2020 21 May'20

  Early-stage startups struggle to secure funding during lockdown

  Investment in UK startups is being directed to a small number of already-established firms, with new data showing first-time funding has plummeted since the lockdown began

• May 14, 2020 14 May'20

  Coronavirus: Nearly £2bn of UK fintech investment lost so far

  Investment into UK fintechs falls dramatically during Covid-19 pandemic as venture capitalists hold back

• May 14, 2020 14 May'20

  CenturyLink digitally revamps sales framework

  The difficulty of navigating information silos during the sales process and high customer churn prompted CenturyLink to adopt new digital tools that get the right information to the right sellers

• May 12, 2020 12 May'20

  Opportunity in times of crisis for Nordic tech startups

  Nordic tech startups face some major challenges during the Covid-19 pandemic, but this could be the making of some of them

• May 06, 2020 06 May'20

  Tech firms risk cashflow issues due to pandemic

  Analyst Gartner warns that some tech firms may go bust because of inadequate coronavirus planning, and CIOs will need to reassess IT supplier viability

• May 05, 2020 05 May'20

  Coronavirus: Total outsourcing spending collapses in March

  IT spending plunged in March, drastically reducing increases that had been expected in the EMEA region

• May 04, 2020 04 May'20

  NatWest Bank shutters its app based bank after five months

  NatWest is closing its consumer-facing, app-based bank and increasing its focus on mobile business bank Mettle

• May 04, 2020 04 May'20

  Coronavirus: Do Indian companies still have an edge in Nordic outsourcing?

  Covid-19 lockdowns and social distancing have affected Nordic outsourcing strategies. Do Indian firms still have the upper hand?

• April 29, 2020 29 Apr'20

  Coronavirus: Startups raise £663m during lockdown

  Investment is significantly higher than at the same time last year, but it is concentrated in very few hands as the total number of deals declines

• April 28, 2020 28 Apr'20

  Confidence of UK startups rocked by coronavirus

  Firms worry how to keep sales up and secure investment during pandemic

• April 28, 2020 28 Apr'20

  Covid-19 will decimate fintechs, but those that survive will prosper

  The coronavirus will wipe out some fintechs, but those that get through it will share in the next growth phase of the industry's development

• April 27, 2020 27 Apr'20

  Funding released to support winners of coronavirus technology challenge

  To help support the most vulnerable during the pandemic, NHSX and its partners are testing a range of digital solutions submitted as part of fast-track technology competition

• April 24, 2020 24 Apr'20

  How likely are IT service providers to offer discounts in an unprecedented global recession?

  As the global economy slows, businesses are trying to cut costs, with IT services one of the first stops – but what are the chances of a happy outcome?

• April 22, 2020 22 Apr'20

  More than 80% of UK startups ineligible for public-private coronavirus loans

  With the majority of startups left out in the cold, the UK government must now focus on the delivery speed of what is available, according to ecosystem leaders

• April 21, 2020 21 Apr'20

  Government launches online financial support platform for business

  Businesses will be able to use the government’s online support finder tool to discover what sort of financial support is available to them during the Covid-19 pandemic

• April 20, 2020 20 Apr'20

  UK government announces ‘Future Fund’ to support startups during Covid-19

  The startup rescue package includes public-private match funding, which will give the government shares in the enterprises, as well as targeted research and development support

• April 20, 2020 20 Apr'20

  Coronavirus: Pandemic will see consolidation of offshore captive centres

  Offshore captive IT operations owned by western businesses will be sold off to raise cash and boost efficiency amid Covid-19 pandemic

• April 17, 2020 17 Apr'20

  Covid-19 will leave its legacy on global IT services

  IT services buying and selling will go through a transformation during the coronavirus crisis

• April 17, 2020 17 Apr'20

  Coronavirus: Treasury set to announce startup rescue package

  With pressure mounting to aid firms not covered by the existing coronavirus loan scheme, the government has been in talks with industry on how to get support to hard-hit startups

• April 16, 2020 16 Apr'20

  Coronavirus: Nordic digital educators collaborate with authorities amid pandemic

  Nordic education technology startups are supporting education establishments in offering continued education during the Covid-19 crisis

• April 15, 2020 15 Apr'20

  Government urged to delay digital services tax amid coronavirus outbreak

  Delaying liabilities for a year could help technology companies already stretched thin by the outbreak of the Covid-19 coronavirus pandemic, according to TechUK

• April 15, 2020 15 Apr'20

  Coronavirus: Nordic authorities use tech in fight against Covid-19

  Nordic government organisations are working with private technology firms in the region to support their efforts to contain the coronavirus

• April 09, 2020 09 Apr'20

  How Bolt plans to be more uber than Uber

  Overcoming competitors with brand names that have become part of the modern vernacular is a challenge Estonia-based Bolt has set itself as it takes on Uber

• April 06, 2020 06 Apr'20

  Coronavirus: Nordic tech startups face job cuts amid falling sales and a lack of funding

  Tech startups based in the Nordic region face difficult decisions as the Covid-19 pandemic leads to falling sales and investment

• April 06, 2020 06 Apr'20

  Extension of coronavirus loan scheme does little for startups, says Tech Nation

  Changes to the government’s coronavirus business loan scheme will do little to alleviate the financial pressure on startups and pre-revenue companies, despite previous warnings from tech industry bodies about the dangers they face

• April 01, 2020 01 Apr'20

  Coronavirus: NHSX working on contact tracing app

  A contact tracing app to track the spread of infection is being developed, although specific technical details remain scarce