VENTURE CAPITAL POST

The UK government canceled a crucial hydrogen town pilot, which damaged plans for hydrogen heating systems and raised questions about decarbonization strategies.

The UK’s Home Secretary James Cleverly announced that pubs in England and Wales can extend their business hours if England or Scotland make it to the Euro 2024 semi-finals.

Data analysts from the German cybersecurity consultancy SRLabs said that a large network of fake online designer shops apparently operated from China have stolen money and personal data from over 850,000 people in Europe and the United States.

Multiple airports in the UK are currently experiencing issues with their Border Force passport e-gates.

The British Ministry of Defense has recently encountered a cyberattack on its third-party payroll system, which serves active and retired military personnel.

After the UK removed local pay restrictions for bankers last year, Goldman Sachs was the first to remove its bonus cap for its bankers.

The UK is now investigating the OnlyFans age verification issue, alleging it is failing to prevent kids from having access.

Cambridge-based cybersecurity firm Darktrace has accepted a $5.3 billion acquisition offer from US private equity giant Thoma Bravo, a 44% premium over its recent share price.

Stellantis CEO Carlos Tavares warns that the UK's electric car mandate could force Vauxhall out of the British market, labeling the law a "disaster" due to potential loss-making sales.

Filtronic Plc and SpaceX announced a groundbreaking agreement. In a $19.7 million deal, Filtronic will supply crucial modules for SpaceX's Starlink constellations, while SpaceX will be granted the option to acquire up to a 10% stake in Filtronic.

The housing shortage crisis in Britain, with a deficit of 4.3 million homes, takes precedence in the lead-up to an anticipated general election, prompting major political parties to address it while balancing concerns about landscape preservation and planning laws.

UK Energy Secretary Claire Coutinho criticizes slow and insufficient compensation payouts for forced prepayment meters, amid revelations that only 1,500 out of 150,000 cases are receiving redress.

Under the new legislation, creating sexually explicit deepfake images without consent can lead to a criminal record, unlimited fine, and possible imprisonment if widely shared.

Industry records show that storms and extreme rain caused a record £573 million ($715 million) in UK home insurance claims last year.

The United Kingdom receives voluntary donations towards reducing national debt at the highest level in the last ten years.