UK tech startups achieved a value of $996.8bn, up from $988bn last year, HSBC Innovation Banking research found, with the tech scene buoyed by widespread developments in AI.

The Bank of England and HM Treasury have both claimed that there is ‘likely to be a future need for’ a digital pound or Central Bank Digital Currency (CBDC) as the UK battles for financial stability.

The government has launched a full review into all regulators across the country with a view to cutting red tape and capitalising on post-Brexit freedoms.

The full 12-week review calls on industry, businesses, consumers and regulators to streamline Smarter Regulation for the economy and ensure that regulators are working efficiently.

UK (Parliament Politic Magazine) – According to the latest Business Trends report from BDO, hiring intentions and business confidence in both the services and manufacturing sectors experienced declines in July, signaling a slowdown in economic growth. Read more

In this episode we get an insight into the remarkable journey of DKK Partners Ltd, how they are revolutionising FX services, and unlocking global markets for emerging economies.

The campaign is being supported by multiple UK tech unicorns Darktrace, Deepmind, Revolut and Matillion, with plans to invite US tech leaders to the UK for London Tech Week, further highlighting the government’s strong support for UK tech.

A new Silicon Valley campaign has been launched to drive investment into the UK’s trillion-dollar tech sector to fuel emerging technologies and economic growth, amid the UK’s plans to boost R&D spend to £20 billion in 2024.