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Kanishka Narayan becomes the UK’s first cabinet-level AI minister

Kanishka Narayan has become the first UK minister for artificial intelligence to sit at the cabinet table, a promotion that arrives as new prime minister Andy Burnham reshapes Whitehall around the technology. Narayan, the MP for the Vale of Glamorgan and until this week a junior minister for AI and online safety, said Burnham had […]

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UK finance chiefs are warming to AI, even as they keep spending in check

Nearly three-quarters of the finance chiefs at Britain’s largest companies now say they are optimistic that artificial intelligence will improve business performance, a striking figure from a group not given to exuberance. In Deloitte’s latest quarterly UK CFO Survey, 73% expressed that optimism, up from 59% at the end of 2025 and just 39% two […]

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The UK won’t restrict VPNs after all, and its own research is why

The UK looked set to crack down on VPNs as it tightens the rules for children online. Instead it has backed off, and its own research is the reason why. Online Safety Minister Kanishka Narayan put it plainly on the BBC. “We decided not to limit VPNs,” he said. A VPN hides a user’s real […]

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Moneybox is Europe’s newest unicorn, and it’s testing London’s new private market to prove it

Moneybox is Europe’s newest unicorn, worth £800m, or $1.1bn. But no fundraise set that price. Staff did, by selling shares on London’s untested new private market. Moneybox, the British savings and investing app, is now a unicorn. It has put a value of about £800m, or $1.1bn, on itself, the Financial Times first reported. The […]

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Valarian raised $50m to help governments use US cloud without losing control of it

A London startup co-founded by a former Palantir executive has raised $50m to help governments and companies use American cloud and AI without letting America reach inside. The fear driving it stopped being hypothetical this year. Valarian, a London-based sovereignty startup, has raised a $50m (£37m) Series A led by the US venture fund NEA, […]

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Monzo founder Tom Blomfield joins Anthropic’s compute team

Tom Blomfield built two of Britain’s best-known fintech companies. Now the Monzo founder is joining Anthropic, and his job is to help crack the AI industry’s hardest problem: compute. One of the biggest names in UK tech is heading to one of the most valuable companies in AI. Tom Blomfield co-founded the digital bank Monzo […]

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From powerboat records to a $1bn war chest: meet Europe’s newest defence unicorn

First the Royal Navy shoved a robot boat out of a transport plane at 1,300 feet. Then its maker became Europe’s newest defence unicorn. Kraken Technology Group, a British maker of uncrewed surface vessels, has raised $175m (€152.9m) in a Series B round. It values the company at more than $1bn. Kraken announced the raise […]

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UK shops are about to get a four-second line to the police, powered by your face

Walk into a shop with the wrong face on file, and the police could know within four seconds. That is the pitch, and the problem. A facial recognition system in more than 100 UK shops is about to start calling the police in real time. It will fire the moment it spots a flagged shopper. […]

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Britain’s public sector runs on US cloud, and that is now a billion-pound risk

Britain’s public sector has become deeply reliant on a small number of US cloud giants, and analysts warn the concentration is now a strategic risk. Nearly all UK government organisations spend on hyperscale cloud, with the dependency running into billions of pounds a year. Some 95% of central and local public-sector bodies spent on hyperscale […]

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Londoners fight a Brick Lane datacentre, and it is not even for AI

Residents in east London are fighting a datacentre planned for Brick Lane, saying the site should hold homes, not servers. The twist: it would serve high-frequency trading, not AI. Britain’s datacentre backlash has reached the heart of east London. Residents around Brick Lane oppose a plan for the old Truman Brewery site. It would put […]

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