Founder of tech firm where David Cameron chaired advisory board steps down after sexual assault claims November 19, 2021 The founder of a tech group at which former prime minister David Cameron was an adviser has stepped down amid allegations of sexual harassment. Zia Chishti, who founded Afiniti, was accused this week of pressuring a former employee into having sex with him on a business trip, when it was also alleged he beat her. [...]
Climate scientists reject Science Museum feature after Shell sponsorship November 16, 2021 Pollution experts refuse to let Science Museum feature work over its links to Shell and willingness to be associated with oil giants.
Rolls-Royce to unveil funding for smaller UK nuclear reactors November 8, 2021 Rolls-Royce will announce it has successfully raised the required funds to start building its smaller scale nuclear reaction project in the UK. The aerospace company is leading a consortium of investors for a new smaller nuclear reactor project, based on technology used in nuclear submarines. The plan is to initially build four small modular reactors [...]
COP26 one week down: Optimists and cynics on the climate summit’s progress so far November 8, 2021 The first week of the climate summit has brought some major commitments but critics say they are just more hot air. A range of high-profile climate activists have already labelled COP26 “a failure” but other voices are warning their message of doom could be as bad as denying climate change altogether. Here is a guide [...]
Green tech Recycling Technologies to list in £40m London IPO November 8, 2021 UK green technology company Recycling Technologies has announced its intention to float on London’s junior AIM market in an £40m IPO. Founded in 2011 by automotive engineer Adrian Griffiths, Recycling Technologies’ main product is a mass producible machine, called the RT7000, which processes plastic waste into a synthetic oil that can then be sold back [...]
Rolls-Royce and Qatar set to launch multibillion fund for UK green engineering startups October 31, 2021 Rolls Royce and Qatar have joined forces to launch a fund to inject billions of pounds into UK green engineering startups in a move that could create up to 10,000 UK jobs in the next few years. In what would represent one of the biggest-ever inward investment projects in the UK, the gas-rich state is [...]
City banks and financial services firms bet heavily on tech and data analytics October 27, 2021 Banking and financial services firms plan to step up their tech investments in the coming 12 months to improve both front and back-end technology. In fact, nearly three in four financial institutions has made improving the quality of their core technologies a priority, while 65 per cent of financial services players plan to pump more [...]
London now boasts $28bn worth of climate tech startups – more than anywhere else in Europe October 26, 2021 Climate tech investment is booming in London, where the combined value of startups in the sector has almost tripled in the last year to $28bn – ahead of rival tech hubs in Europe and beyond. London is second only to Silicon Valley in terms of the size of its ecosystem of climate tech companies, which [...]