In early July 2025, neobank giant Monzo was handed a £21 million fine by the FCA for onboarding thousands of customers deemed ‘high risk’. This followed a €3.5 million fine issued to Revolut earlier in the year for failing to address money laundering on its platform, and a £29 million fine levied against Starling Bank in October 2024 for deficiencies in its financial crime controls.
A year since Labour’s historic landslide, is the government doing enough to back British business? Mark Smith, UK & Ireland Managing Director at Ayming, argues that while the intent is there, Labour must accelerate the pace of delivery on innovation and reform if it’s serious about driving meaningful economic growth.
A Manchester based children’s online safety app backed by Innovate UK and Centre for Digital Innovation, is looking for £250,000 in funding, to help younger children aged 6-13 stay safe on social media.
Even the most accomplished business leaders can secretly wrestle with crippling self-doubt. This is particularly true of SME leaders lacking significant peer networks with which to share concerns and challenges with. The consequences of this can be significant, hindering the bold decision-making and inspirational leadership an SME needs to grow and innovate.
A new scientific paper from Aneira Health finds that its women’s-health-specialist large language model (LLM), improves on the performance of popular AI models using context from a large volume of expert-curated clinical documents.
Q.ANT announces a €62 million Series A financing round to accelerate the commercialisation of its energy-efficient photonic processors for artificial intelligence (AI) and high-performance computing (HPC).
Fiber Elements announces it has raised €2.6 million in seed funding. The round was led by LEA Partners alongside the Amadeus APEX Technology Fund.
Gaining startup funding is notoriously difficult. With venture capital (VC) as the dominant model, it’s been down to startups to push hard, seeking to outshine competitors in a race to the top.
A pair of Edinburgh-based entrepreneurs have launched a new AI-powered planning tool to help audiences cut through the noise of the Edinburgh Festival Fringe while supporting the thousands of artists who often go unseen.
New research by Start Up Loans, conducted by YouGov, reveals less than half (46%) of small businesses use AI at work. Furthermore, over a third (34%) of small business leaders only have a ‘basic understanding’ of AI tools.
British Business Bank has announced a new commitment of £15 million to a new separately managed account (SMA) managed by Prefequity LLP.
Tracxn has released its UK FinTech H1 2025 Funding Report, offering a comprehensive view of the funding landscape between January and June 2025. The report captures notable developments in funding volumes, investor activity, major acquisitions, and IPOs.
Solestial, the solar energy company for space, has announced that it has been selected by SpaceWERX for a Direct-to-Phase II contract in the amount of $1.2 million dollars to develop a novel, fast to manufacture, multiorbital solar array wing concept for small satellites.
Business schools are a leading source of support for SMEs, according to a new report from The Small Business Charter (SBC). More SME business owners are now turning to business schools than trade associations or their accountants, new research has found.
There’s an actual marketing strategy in business that I think is barely talked about or shared by the online self proclaimed “gurus”, and yet I think it’s one of the most powerful things to genuinely move the needle in your business, and fast.
The Intellectual Property Office (IPO) has launched a consultation on potential measures to address challenges in the UK’s Standard Essential Patents (SEPs) ecosystem.
In today’s highly competitive sales environment, success hinges on building strong relationships and deeply understanding customer needs. Generative AI (GenAI) is redefining the game, empowering sales professionals to integrate this transformative technology seamlessly into core business strategies, unlocking new efficiencies and a decisive competitive edge.
The Department for Science, Innovation and Technology (DSIT) has unveiled its Regional Tech Booster programme – a fresh push to accelerate the growth of tech clusters and early-stage digital startups in regions such as Scotland, the North East, Humber and East, and South Yorkshire.
Exein, the embedded IoT cybersecurity company, has raised €70 million in a Series C round. The round was led by Balderton and joined by Supernova and Lakestar, with 33N, United Ventures, and Partech following on from the previous round.
Half of Brits would ask AI for legal advice over a qualified solicitor – but experts warn that trusting technology alone could leave people paying the price.
