Technology
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Liz Kendall reveals £55bn enhancement for UK R&D
Labour has unveiled a £55 billion plan for science and technology. The programme — the largest sustained investment in UK R&D — will channel billions into research organisations and innovation bodies through 2030, as part of a national strategy to make Britain a global science and technology superpower.
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UK tech scale-ups lag FTSE peers in AI board expertise
Just one in three UK tech scale-ups have AI board expertise. New research from Think & Grow reveals UK technology scale-ups risk falling behind larger listed peers, with just 32% boasting artificial intelligence expertise on their boards compared with 40% of FTSE 350 tech companies.
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GoodData launches AI-native data platform for finance
GoodData has unveiled new AI-native data intelligence tools. The composable platform brings audit-ready automation and governance to banks, insurers, and financial institutions, combining regulatory compliance with scalable innovation across core financial operations.
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PwC and Amazon shrink workforces as AI investments reshape strategy
Two global giants are reshaping their workforces through AI-driven restructuring. PwC and Amazon have each announced major headcount reductions tied to automation investment and slower growth. Both moves highlight how large employers are shifting from expansion to productivity, using artificial intelligence to redefine roles, structures, and future hiring priorities.
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Nvidia’s £1bn stake elevates Nokia stock
Nokia shares surged after Nvidia announced a £1 billion investment. The deal gives Nvidia a 2.9% stake in the Finnish telecoms company and cements a strategic partnership to accelerate AI-driven 6G networking and data infrastructure. The collaboration will be detailed at Nvidia’s developer conference later this week.
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How smart data strategies power high-performing revenue operations
Smart data transforms revenue operations in the subscription economy. Lindsey Meyl, Vice President of Revenue Operations at iManage, explains how businesses shifting from acquisition-focused funnels to recurring growth models must rethink how data informs every stage of the customer lifecycle, using AI-powered insights to drive sustainable performance.
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BSI cautions that AI investments are missing safety evaluations
British Standards Institution study uncovers numerous businesses skipping AI safeguards. The research revealed that fewer than 25% of companies (24%) have established an AI governance program. Among larger enterprises, this percentage rises slightly to one-third.
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Justice ministry uses ChatGPT to streamline processes
OpenAI partners with UK Ministry of Justice to enhance AI use. The agreement allows 2,500 civil servants to access ChatGPT, aiming to modernise public services. It forms part of the UK’s AI Action Plan, enhancing sovereign AI capabilities and increasing efficiency.
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Innovation alone won’t secure the UK’s tech leadership
The UK’s tech ambition demands more than innovation. It must be secure by design. Sabeen Malik, VP of Global Government Affairs and Public Policy at Rapid7, argues that voluntary security codes will not deliver the resilience Britain needs. True progress depends on mandatory, measurable frameworks developed through meaningful public–private collaboration.
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AI may deepen workplace undervaluation, Perkonomics Report finds
AI is widening the value gap at work. A new Perkbox study of 5,000 UK participants finds employees increasingly feel less recognised as AI tools spread. While most employers see the technology as positive, many workers report it diminishes personal credit and sense of accomplishment.