UK

US and Asian Investment in UK Tech Skyrockets

The UK tech sector has attracted more foreign investment in the first seven months of 2019 than it did during the whole of last year, according to latest industry figures, and has overtaken the US for foreign investment, per capita.  Research prepared for the Digital Economy Council by Tech Nation and Dealroom.co shows that between January and July this […]

Artificial Intelligence for Energy Efficiency

As energy systems worldwide continue to decarbonise and decentralise, there is an increasing need to manage and predict the distributed constituents of the system, such as renewables, EVs and battery storage, the letter says. AI will be “essential” to managing this system and the data that comes with it, the letter continues, adding that London […]

Coinbase and Barclays Part Ways, Will UK Users Be Affected?

It is being reported that Barclays, the London-based global bank, recently stopped banking for Coinbase, the United States-based crypto exchange. Coinbase reportedly found a quick replacement in the form of another United Kingdom-based establishment, ClearBank. While Barclays connected San Francisco-based Coinbase to the U.K. Faster Payments Scheme (FPS), enabling instant withdrawals and deposits of British pounds at the exchange, ClearBank won’t offer […]

What is innovation and how can businesses foster it?

The UK Government has a stated ambition to be ‘the world’s most innovative economy’ and has been supporting growth and innovation with the R&D Tax Credit scheme since 2000. However, when just 42,000 of the UK’s SMEs made any claim last year, and a significant proportion of companies are systematically underclaiming, what has to change […]

UK fintech Curve to launch crowdfunding campaign

Curve, the multi-use banking platform which consolidates several cards and accounts into one smart card and app is launching a seven figure crowdfunding campaign this September. With a valuation of $250m, it sits alongside the UK’s most exciting scaleups; Transferwise, Monzo, Revolut and Starling. The fintech has raised over $70m to date. According to the […]