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New report sets out roadmap to unlock UK global leadership in digital assets

Published: October 16, 2025 at 9:45 am

Technology trade association techUK has published a new report outlining a roadmap for how the UK can achieve global leadership in blockchain and digital assets by 2030.

As blockchain and digital assets become core infrastructure for modern finance, trade, and the creative economy, techUK’s ‘2030 Vision: A Roadmap for Building a Digital Assets Economy’ report provides policymakers with a roadmap for proactive regulation.

techUK says that to lead, the UK must move from reactive regulation to a clear, coordinated strategy that supports innovation, builds trust, and strengthens resilience.

By focusing on five key core opportunities – finance, tokenisation, payments, fraud prevention, and creative industries advancements – the UK can enable a thriving ecosystem that integrates digital assets seamlessly into society within the next five years, it says.

techUK’s report outlines the roadmap to unroll the UK’s leadership in a digital assets economy in three phases and related policy recommendations.

Tech legend backs Oxford spinout Wild Bio in £45m round

Published: October 16, 2025 at 9:30 am

Author: Jonathan Symcox

Wild Bioscience, an Oxford University spinout that develops improved crop varieties using AI and precision breeding, has raised a £45 million Series A investment. 

The funding round was led by the Ellison Institute of Technology (EIT), founded by Larry Ellison, CTO and chairman of Oracle.

Existing investors Oxford Science Enterprises (OSE), Braavos Capital and the University of Oxford also participated in the round.

The company started life in the University of Oxford with Founders Dr Ross Hendron and Prof. Steve Kelly, who spun out the business in 2021 to translate their scientific research out of the lab and onto the farm. 

Ellison said: “Wild Bio is using AI to better understand the lessons learned over millions of years of evolution encoded in plant genomes. 

“Those insights combined with precision breeding has enabled Wild Bio to develop new varieties of crops with both higher yields and climate resilience. 

“The ultimate goal is to grow these new crop varieties on a commercial scale and help provide food security around the world. EIT is committed to working with Wild Bio to reach this goal.”

GBG makes £7.9m swoop & reveals half-year results

Published: October 16, 2025 at 8:22 am

Identity tech business GBG has acquired DataTools Pty Ltd, a provider of address validation and data quality solutions in Australia and New Zealand. 

The bolt-on acquisition adds scale where Chester-headquartered GBG is already enjoying strong growth, the firm said, and is “highly complementary to our market-leading identity verification platform”.

Total consideration payable is £7.9 million, which has been funded from GBG’s existing revolving credit facility.

For the six-month period to 30th September 2025, GBG reported revenue of £135.5m, compared with £136.9m in the previous year. It said this was in line with the board’s expectations.

Dev Dhiman, CEO of GBG, said: “We are delighted to welcome the experienced team at DataTools to GBG. This combination will strengthen our position in the ANZ market and we look forward to combining our capabilities to deliver even greater value to our customers in this region.

“The board and I are pleased with the operational execution delivered in the first half, underpinning our confidence into the second half of the year. We successfully delivered our financial plan for the first half and taken together with the strength of our current sales pipeline for the remainder of the year, GBG is well positioned to accelerate growth in the second half and achieve our revenue outlook for the full year consistent with current market expectations.”

Board success for Big Technologies founder amid legal battle

Published: October 16, 2025 at 8:19 am

Author: Jonathan Symcox

A former CEO dismissed by the listed firm she founded – and who subsequently succeeded in ousting its chairman in a shareholder revolt – has managed to get the person she is recommending for chair added to its board.

Sara Murray OBE is embroiled in a £320m High Court battle with Big Technologies plc after it dismissed her from the position of CEO in March. The firm has accused her of forgery and deliberate falsification of documents to push through the company’s £577m IPO in 2021.

Murray – who has described the allegations as “outrageous” – recently led a group of shareholders in a successful bid to remove Alexander Brennan, the company’s non-executive chairman, from the board.

Her stated wish was to replace him with James Graham Matheson, who holds 15 directorships. Today, Matheson has been added to the Big Technologies board as a non-executive director.

£300k raise to fund Roquefort Therapeutics transaction

Published: October 16, 2025 at 7:54 am

Roquefort Therapeutics plc has raised funds of £300,000.

£200,000 is by way of an advance subscription agreements from certain strategic investors, with £100,000 a loan from A2A Pharmaceuticals, Inc.

The proceeds will be used to fund the upfront costs of proposed transaction with A2A Pharma and Coiled Therapeutics, Inc, which will see it acquire the exclusive licence rights to AO-252, a new drug alternative targeting the TACC3 protein for the treatment of certain cancers.

Listed oncology firm appoints interim CEO

Published: October 16, 2025 at 7:50 am

A listed company developing circulating tumour cell (CTC) solutions for use in research, drug development and clinical oncology has appointed an interim CEO.

ANGLE plc recently announced that chief exec Andrew Newland and finance chief Ian Griffiths would be ‘transitioned’ out of the business but have their contractual entitlements honoured over the next 12 months.

Chairman Dr Jan Groen moved into an executive role to lead the company as it pursues a revised strategy, focused on tight cost control, accelerated commercial progress and a clear plan towards becoming a sustainable business.

Now this morning it has appointed Peter Collins as interim CEO, while Klaas de Boer joins as a senior advisor to the board.

Collins has held senior executive positions across both private and publicly listed companies. He joins following a series of successful leadership roles at leading oncology diagnostics organisations, including SAGA Diagnostics, Inivata, Guardant Health and GSK.

The company has a cash runway into Q1 2026 and will need to raise funds in the coming months.

Insig AI raises £1m as revenues rocket

Published: October 16, 2025 at 7:45 am

Insig AI plc has reported a 164% increase in half-year revenues.

The provider of AI-led analytics and machine learning solutions said turnover for the six months to 30th September 2025 is expected to be just under £440k.

The Company has also recently raised gross proceeds of £1m for general working capital purposes including bolstering its sales activities and potentially investing in digital assets such as Bitcoin.

Revenues and profits up at Synectics plc

Published: October 16, 2025 at 7:37 am

Synectics plc, a provider of security and surveillance solutions, has reported an expected £67m revenue for the year ending 30th November 2025, up from £55.8m in the prior year,

Profit before tax will be no less than £5.7m, it said, compared with £4.7m in FY24.

‘£2bn Capita’s £14m ICO fine does little set right harms caused’

Published: October 15, 2025 at 4:39 pm

Author: Jonathan Symcox

The head of data protection at Barings Law has said the £14 million fine issued to Capita by the Information Commissioner’s Office is not a sufficient punishment for its data breach.

Barings, based in Manchester, has pursued legal action against Capita since 2023 – a separate action to the ICO fine – to expose what it calls “inadequate cybersecurity procedures” at the firm.

In issuing the fine, the ICO said today that Capita had failed to ensure the security of personal data related to a breach in 2023 that saw hackers steal millions of people’s information.

Adnan Malik at Barings says the punishment is a clear confirmation that Capita failed to uphold the data security of its customers and systems – but will “do little to set right the harms caused”.

Another Avenue wins government funding for Skills Bootcamps

Published: October 15, 2025 at 4:15 pm

Another Avenue has secured over £800k in new funding to help upskill the UK’s next generation of digital talent and entrepreneurs.

The firm has been awarded over £877k by the Department for Education within 3 months to expand its fully funded Skills Bootcamps.

New fully funded cohorts are launching across London, South Yorkshire, Lancashire, Cheshire & Warrington, including its Digital Marketing and Fearless Accelerator (Business Fundamentals) Bootcamps — with a new Content Creator Skills Bootcamp set to launch in early 2026.

The firm was founded by Fearless Adventures’ Dominic McGregor, David Newns and Charlie Yates, Another Avenue has already supported over 800 learners through industry-led programmes — and says it is on track to reach 1,000 by the end of 2025.

Inntelo to deploy AI solution in world’s tallest hotel

Published: October 15, 2025 at 4:10 pm

London startup Inntelo AI has entered into a partnership with Dubai’s The First Group Hospitality.

This will see Inntelo’s AI platform rolled out across TFGH’s hotels, including the world’s tallest hotel: Ciel Dubai Marina – Vignette Collection by IHG.

As well as streamlining hotel operations, Inntelo’s tech is designed to improve the guest experience, allowing them to make requests and access services via WhatsApp, phone or voice commands thanks to conversational and agentic AI.

App has potential to reduce student anxiety

Published: October 15, 2025 at 3:50 pm

A mobile app can improve the symptoms of one of the commonest mental health problem in students – even with limited engagement- according to university researchers.

Cerina uses the principles of cognitive behavioural therapy to treat Generalised Anxiety Disorder (GAD) – which affects a significant number of students, studies show.

Lead author Dr Ozlem Eylem-Van bergeijk from the University of Manchester – which conducted the study with Ulster University – said: “University students can sometimes be vulnerable to generalised anxiety disorder because the rigours of academic pressure and financial uncertainty, let alone the issues young people often go through when they leave home for the first time.

“But despite the need for treatments the availability of psychological services is patchy for students.

“And perceived stigma, long waiting times, service availability can restrict access to treatment.”

Palatine partners with Flotilla to elevate ESG performance across portfolio

Published: October 15, 2025 at 3:10 pm

Mid-market investment firm Palatine has announced a strategic partnership with Flotilla, the sustainability leader for the private equity sector.

The partnership will see Palatine deploy Flotilla’s Portfolio Manager alongside its core decarbonisation products (Carbon Reduction Plan and Net Zero Solutions) to monitor and manage ESG performance across its portfolio companies.

Founded in 2005 and headquartered in Manchester, with offices in London and Birmingham, Palatine champions its philosophy of ‘positive equity’, backing ambitious teams to grow while delivering enhanced value through sustainable business practices. It invests across three funds, Buyout, Impact and Growth Credit.

Palatine pioneered its ESG framework 15 years ago and remains the first regional PE firm to launch a focused Impact Fund, targeting companies that deliver positive social and environmental change alongside market-leading financial returns.

Ploy raises £2.5m to tackle growing security threat

Published: October 15, 2025 at 2:55 pm

Cybersecurity startup Ploy has raised £2.5m to address a growing security threat.

The firm says 93% of organisations are suffering two or more identity-related breaches per year.

The round was led by Osney Capital, with participation from Superseed, Tiny.vc and Rule30, alongside notable angels including Johnathan Scudder (co-founder of ForgeRock), Alastair Paterson and James Chappell (co-founders of Digital Shadows), Mark Ryan (VP of Product Management at ZScaler), Jonathan Tom (VP of GTM Enablement at Rapid7), Tony Pepper and Neil Larkins (co-founders of Egress) and Charles Delingpole (co-founder of ComplyAdvantage, MarketFinance, and The Student Room).

FlightStory & UK Black Business Show launch Legacy Black

Published: October 15, 2025 at 2:36 pm

FlightStory – the media and investment company founded by Steven Bartlett – has launched a joint venture with UK Black Business Show.

They say Legacy Black is set to become the world’s leading media brand for Black entrepreneurship, business and wealth. It is launching with the bold ambition to drive over £100 billion in economic impact in the next decade.

Co-founded by Bartlett and Dr Raphael Sofoluke, the new platform brings together FlightStory’s global media reach with the UK Black Business Show’s community and influence — creating a generational movement to celebrate, empower, and elevate Black founders and professionals worldwide.

THG share up another 5% to hit 10-month high

Published: October 15, 2025 at 2:19 pm

Author: Chris Maguire

Shares in THG plc have climbed another 5 per cent today to 43.80 – the highest figure since January 2025.

It follows yesterday’s 10.9 per cent climb after the online retail group posted its highest organic growth in four years.

Group revenue rose 6.3 per cent to £405.2 million in Q3 2025, marking the best quarterly performance since late 2021.

Today THG’s share price stands at 43.80 – the highest figure since it reached 46p in January.

The company’s market cap currently sits at £609m.

Although a significant improvement it’s way down from the 500p at its IPO in 2020.

Tuesday’s Q3  trading  update has reassured investors that the Manchester-based firm’s turnaround plan under CEO Matthew Moulding is working.

Which FTSE 100 & 250 firms are seeing their share prices move today?

Published: October 15, 2025 at 12:55 pm

Risers:

PageGroup – +5.99%
Watches of Switzerland Group – +5.65%
Burberry – +5.34%
THG – +5.27%
British Land – +4.80%

Raspberry Pi and Ocado are both up 2%.

Fallers:

Entain – -4.46%
Rathbones – -3.18%
Ibstock – -2.79%
IP Group – -2.59%
Goodwin – -2.50%

GM Business Growth Hub launches International Scale Up Programme

Published: October 15, 2025 at 12:45 pm

Author: Jonathan Symcox

Applications for Greater Manchester businesses to join a new fully funded scale-up programme have now opened.

‘International Scale Up’ has been launched by GM Business Growth Hub, specifically for businesses looking to expand their activity overseas. 

The programme is open to businesses in any sector or size, as long as they have a scalable product or service ready for international markets. They can apply for the programme here.

Applications close on 24th October and the programme starts mid-November 2025.

Form3 eyes profitability as Nationwide & BlackRock invest

Published: October 15, 2025 at 12:35 pm

Payments tech firm Form3 has secured a strategic investment from Nationwide alongside a debt facility from funds and accounts managed by BlackRock.

The global account-to-account payments infrastructure platform will use the funds to expand in the United States and says it is now on the cusp of profitability.

The investment from Nationwide deepens a long-standing relationship with Form3, following an initial investment in the firm in 2020.

Visa and British Patient Capital invested in Form3 last year as part of a Series C extension.

Christmas job searches ‘hit nine-year high’

Published: October 15, 2025 at 11:50 am

Searches for Christmas jobs have hit their highest level in at least nine years, according to new data from Indeed.

Searches for accounted for 0.8% of all UK job searches, up 28% on the same time last year and the highest share observed since comparable data began in 2018. However seasonal job opportunities are not quite so abundant, meaning demand for festive roles is outpacing supply.

The surge in interest suggests that cost-of-living pressures and a softer jobs market are prompting more people to seek temporary work over the festive period, Indeed speculated.

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