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innovation

  • The Long Tail: The crucial role of Managing General Agents

    September 17, 2025

    As the fastest-growing segment in property and casualty (P&C) insurance globally, managing general agents (MGAs) are attracting significant investment and playing a crucial role in closing the protection gap. MGAs utilise capital from large insurers to underwrite on their behalf, allowing insurers access to specialised product lines without having to build in-house capabilities. In the [...]

  • UK’s top tech scale-ups named, but can Britain keep hold of them?

    September 11, 2025

    Tech Nation has announced its Future Fifty 2025 cohort, featuring 25 high-growth UK scaleups across various sectors, including AI, climatetech, healthtech, and spacetech. Between them, these firms have raised more than £1.4bn and employ over 2,100 people. The programme, which was relaunched under Founders Forum Group in 2024, has long been seen as the UK’s [...]

  • UK fintech holds European crown but UAE threat looms 

    September 11, 2025

    UK fintech maintained a heavy level of activity in the first half of 2025 but faced new threats from growing financial hubs. Over 70 significant acquisitions of smaller rivals or complementary businesses were reported in the UK and Europe over the half. This represented a 50 per cent bump on acquisitions compared to the previous [...]

  • FCA plans to allow contactless payment limits above £100

    September 10, 2025

    Card providers are set to be given the powers to set their own limits on contactless payments, which are currently set at £100, under proposals set out by the City regulator.  The Financial Conduct Authority (FCA) has revealed that it will consult industry on whether the rules should be relaxed as part of its task [...]

  • Labour’s OpenAI deal lacks transparency

    July 24, 2025

    The Labour government’s newly announced partnership with OpenAI has positioned the UK at the centre of a global discourse on the future of artificial intelligence in public services. The memorandum of understanding (MoU), signed on Tuesday by tech secretary Peter Kyle and OpenAI chief Sam Altman, sets out a framework for collaboration across sectors like [...]

  • Peter Kyle says UK could overtake US in tech amid record startup growth

    July 15, 2025

    Technology secretary Peter Kyle has said the UK is positioned to “overtake America” in key areas of tech, as a new wave of regulatory reforms aims to fast-track innovation and attract investment across AI, fintech and biotech. In an interview on the UKTN Podcast, Kyle argued that the UK is now creating “the best regulatory [...]

  • Meta-backed fellowship puts open source in the firing line

    July 11, 2025

    The UK government has launched a $1 million open source AI fellowship funded by Meta through the Alan Turing Institute, inviting the nation’s top AI engineers to spend 12 months building public-sector AI tools. The scheme focuses on open-source AI models like Meta’s Llama 4 to create applications for everything from speeding up planning approvals [...]

  • UK innovation hinges on talent and clusters, says Lord Vallance

    June 20, 2025

    The UK’s science and innovation lanscape is on the cusp of a major transformation, according to science minister Lord Patrick Vallance, who argued the UK must now “connect with its brightest clusters” and supercharge international partnerships to stay competitive. Speaking the recent India Global Forum on Thursday, the government’s national tech adviser and Oxford-Cambridge innovation [...]

  • London loses Europe tech crown to Paris

    May 21, 2025

    Paris has overtaken London as Europe’s leading tech hub for the first time, reigniting concerns over the competitiveness of the UK’s biggest city for a vital sector. The French capital has been named as the only non-US city in the world’s top five global ecosystems, according to Dealroom’s 2025 global tech ecosystem index, overturning years [...]

  • CMA must tackle Apple and Google duopoly to ‘unlock UK growth’

    May 15, 2025

    One of the UK’s leading left-wing think tanks has called on the government to strengthen the powers of the competition regulator to curb the dominance of tech giants like Apple and Google. It has warned that their stranglehold on app marketplaces is holding back innovation, investment, and growth in the British economy. In a new [...]

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