Let’s get serious about leading the fourth industrial revolution November 27, 2017 The abolition of stamp duty for most first-time buyers dominated the headlines after last week’s Budget. But an equally important national priority was delivered too: positioning Britain to lead the fourth industrial revolution. As the chancellor said, this wave of technological change is already transforming the way we live and work, raising living standards, delivering [...]
What will innovation look like in 2018? Bird & Bird’s Digital Innovators tell us all about the year ahead November 24, 2017 In a year when quantum computing made major leaps forward and using your face as a password became a reality, you’d be forgiven for being hard pushed to imagine just how much further technology can take us. But 2018 will certainly be a year for driving even more innovation for the 50 up-and-coming companies chosen [...]
Facebook’s giant solar drone Aquila is going on display for the first time in London at a new V&A exhibition | City A.M. November 23, 2017 Londoners will be able to get a real life glimpse of one of Facebook’s most ambitious projects to date – a giant solar-powered drone – as it goes on display for the very first time. The aircraft which Facebook believes can bring internet access to remote regions around the world, will form part of a [...]
Budget 2017 UK: Philip Hammond gives more cash for electric cars, AI, 5G and tech innovation and plans driverless car rules November 22, 2017 Fresh cash has been promised to boost the uptake of electric cars on Britain’s roads and to develop new regulation for driverless cars. There will be £400m for charging infrastructure for electric vehicles and another £140m for other projects related to them, chancellor Philip Hammond has said in his Autumn Budget. Read more: Hammond targets [...]
Autumn Budget 2017: Chancellor Philip Hammond’s speech in full November 22, 2017 You can read the chancellor's Budget speech in full here: Mr Deputy Speaker I report today on an economy that continues to grow, continues to create more jobs than ever before and continues to confound those who seek to talk it down. An economy set on a path to a new relationship with our European [...]
HSBC has hired ex-Google engineering director Mike Warriner to lead the bank’s tech and digital efforts November 21, 2017 HSBC is tapping up talent from tech companies to give it a leg up in an increasingly digital world with the hire of a former Google engineer. Mike Warriner, who was the director of engineering at the tech company in the UK for the past five years, has been named chief information officer at the [...]
Most businesses are about to plough cash into artificial intelligence November 20, 2017 Most businesses are planning to plough cash into artificial intelligence over the next two years as just one in ten leaders believes the UK to be a world leader in digital. Some 85 per cent of the more than 50 organisations surveyed by Deloitte, which collectively are worth more than £200bn, said they will invest [...]
Firms failing to get to grips with unconscious hiring bias, say headhunters Adecco November 20, 2017 Over a third of British businesses are failing to properly tackle unconscious bias when hiring new staff. Some 39 per cent of firms are not training hiring managers in unconscious bias best-practice, headhunter firm Adecco concluded in research released today. Meanwhile, almost two-thirds (65 per cent) of respondents are not using blind CVs. “Despite unconscious [...]
Autumn Budget 2017: Philip Hammond to accelerate Britain’s tech credentials with investment in AI and driverless car reforms November 19, 2017 The chancellor is expected to unveil a flurry of announcements to progress artificial intelligence, driverless and electric cars, and 5G across Britain in next week’s Autumn Budget, to help bolster the nation’s credentials as a leader in tech. Philip Hammond is poised to announce £75m for AI, £400m for electric car charge points, £160m for [...]
Theresa May doubles tech talent visas for non-EU foreign workers after Brexit to woo industry November 14, 2017 Theresa May is seeking to reassure the UK’s flourishing tech industry amid ongoing concerns over the impact of Brexit on hiring top talent. The Prime Minister and chancellor Philip Hammond will meet with top entrepreneurs and investors on Wednesday and is promising a flurry of measures to support startups across the country. “It is absolutely [...]