News

UK SMEs unaware of international growth opportunities

A new report by Marktlink reveals that while 20% of UK SME owners believe there are insufficient growth opportunities within the domestic market, a mere 11% would consider selling their company to a foreign buyer.

Young innovators launch AI startups at Red Bull Basement finals in Tokyo

Red Bull Basement, the global event empowering a new generation of innovators to launch world-changing, AI-powered startups, has announced the teams set to compete in the 2024 final in Tokyo next month.

London Lab Live 2025: The UK’s Premier Event for the Lab Community

London Lab Live 2025 is set to debut on 14th –15th May 2025 at ExCeL London, bringing together professionals from across the lab sector to inspire collaboration and innovation. Representing industries such as chemical and material science, FMCG, food and beverage, agriculture, pharma, biotech, medical, real estate, academia, and beyond, the event promises to be the UK’s most dynamic gathering for the lab community.

The State of European Tech 10th anniversary report

A decade of transformation in European tech is in the spotlight with the release of the tenth anniversary edition of the State of European Tech report. Charting a journey of remarkable growth, the report also examines the sector’s potential to drive innovation amidst present-day challenges.

Are Europe’s unicorns overvalued?

The European unicorn landscape, home to companies that are valued at €1 billion or more, has undergone rapid expansion over the past five years, and is now worth €447 billion. However, valuations of many of these companies, especially those that happened in 2021 and 2022, appear overdue for reassessment.

Sky Labs’ wearable device honouree in CES Innovation Awards

Sky Labs’ wearable device, Apollon, has been named an ‘Honouree’ in the Artificial Intelligence category at the CES 2025 Innovation Awards.

Most people underestimate the scale of the UK’s gender pay gap

Research by HR and payroll software provider Ciphr shows that most people significantly underestimate how pervasive the gender pay gap is in most occupations and industries in the UK. Ciphr commissioned a survey of 2,000 UK adults, including 1,188 employees, to find out how closely people’s perceptions of the gender pay gap (if any) matched reality.

UK SMEs brace for £138,000 average revenue loss in 2025

UK businesses are bracing for significant challenges following Labour’s Autumn Budget, with anticipated average losses of £138,000 in 2025 and a quarter of businesses (25%) expecting losses to exceed £100,000 according to new research from Fiverr.

Solar and battery storage CEO wins award

Mark Millar who is CEO of solar and battery solutions provider, Puredrive Energy has been named Scale-Up Entrepreneur of the Year in the South West at the 2024 Great British Entrepreneur Awards.

Startups setting new trends at The smarter E Europe 2025

The energy world of tomorrow is being built today – and it will be more sustainable, more intelligent and more integrated than ever before.

Martin Warner launches world’s most advanced AI productivity app

warpSpeed, a productivity app designed for consumers and SMBs, has entered preview mode with an imminent 2024 launch.

Only 13% of businesses are totally AI-ready

Just 13% of businesses are fully ready to capture AI’s potential, down from 14% last year, according to research from Cisco.

PLD Space selects Deimos to co-lead development of GNC System for MIURA 5

PLD Space has selected Deimos to co-lead the development of the Guidance, Navigation, and Control (GNC) system for MIURA 5 orbital launcher, scheduled to begin its launch campaign by the end of 2025.

The top five myths about working in cold temperatures

With the colder months now upon us, average temperatures in the UK are expected to drop well below 10°C. For those working in the construction industry and other jobs where the work is predominately based outdoors, this means measures must be taken to ensure their safety and wellbeing.

Northern Data Group chooses five future tech entrepreneurs for AI Accelerator

Northern Data Group, a provider of high-performance computing (HPC) solutions, has announced the five successful startups selected for its inaugural AI Accelerator, designed to fast-track AI innovation by offering access to the AI technology that powers generative AI chatbots and content creation.

97% of organisations faced security incidents related to GenAI this year

Ninety seven percent of organisations using generative AI have faced security incidents or data breaches linked to the technology this year, according to Capgemini Research Institute.

Revolut secures UK license to offer UK and EU stock trading

Fintech giant Revolut has revealed that it has now secured a UK trading licence granted by the British financial regulator. This milestone will enable the platform to facilitate the trading of UK and EU-listed stocks, as well as exchange-traded funds, starting in 2025.

Mindstone and Intuition partner to accelerate enterprise AI adoption

Mindstone, a global training platform and community focused on the practical use of AI for non-technical staff, and Intuition, a global company in knowledge solutions with a track record approaching 40 years of corporate excellence, has announced a partnership to accelerate AI adoption across banking, financial services, and the broader corporate sector.

Data delays: C-suite say data is out of date by the time it reaches them

Half of C-suite executives (52%) say that data is ‘out of date’ by the time it reaches their desks. That’s according to newly released research findings from data streaming platform Confluent.

Wazoku expands into UAE to bring its AI-connected innovation ecosystem to the GCC countries

Innovation scaleup Wazoku is expanding into the GCC region, with the establishment of a dedicated presence in the United Arab Emirates (UAE).