‘Wild West’: FCA finds 85% of crypto businesses fail to meet basic compliance standards
Approximately 85% of crypto firms do not meet the lowest levels of compliance, the UK’s financial regulator has revealed. The data was published in a...
Category : IT
Atlantic Money accuses Wise of being ‘harmful to competition’ in letter to regulator
Atlantic Money has written a letter to the UK’s competition regulator accusing British fintech Wise of being “harmful competition” by delisting the payments startup from...
Pfizer Ventures co-leads £40m funding in Grey Wolf Therapeutics
The corporate venture capital arm of Covid-19 vaccine maker Pfizer has co-led a $49m (£39.6m) investment into Oxford-based biotech startup Grey Wolf, which develops immuno-oncology...
ARIA: Agency to fund science and tech research officially launches
The government has officially established the Advanced Research and Invention Agency (ARIA), an independent body that will fund “high-risk, high-reward” scientific research and technology projects....
Lloyds invests £4m in car admin app Caura
Lloyds Banking Group has invested £4m into Caura, a motoring admin app that provides a centralised place for tasks including paying for tolls, city charges,...
Jeremy Hunt says he wants to make the UK the next Silicon Valley (again)
Chancellor Jeremy Hunt has reiterated his vision of making the UK the “next Silicon Valley”, this time to an audience of tech representatives from the...