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Peter Kyle

  • Government pledges to back UK fintech with regulation overhaul 

    July 1, 2025

    The government has pledged a regulation shakeup to support UK fintech as it seeks to slash the red tape blocking innovation. Speaking at City Week, technology secretary Peter Kyle said the government’s new Regulatory Innovation Office (RIO) would develop new smart tools to make navigating regulatory procedures “faster, clearer and more accessible”. This will include [...]

  • UK backs quantum with £500m

    June 23, 2025

    The UK government will pump over £500m into quantum computing and related technologies – a major show of confidence in a sector seen as critical to the future of the UK economy and its national security. The investment forms part of Labour’s broader industrial strategy and follows April’s £121m pledge on ‘world quantum day’. The [...]

  • Spending Review: Reeves piles billions into tech as firms cool on UK

    June 11, 2025

    Chancellor Rachel Reeves bet heavy on tech and innovation in her maiden Spending Review, in a week that saw a trio of tech firms depart from the London Stock Exchange. Reeves hiked research and development funding to a record high of £22.6bn per year by the end of the Spending Review period. She doubled down [...]

  • London Tech Week day 2: Tech diplomacy in action

    June 10, 2025

    Day 2 of London Tech Week made it clear our global influence grows through emerging markets, writes Russ Shaw.

  • Tech secretary Peter Kyle recycles old announcements at London Tech Week

    June 10, 2025

    Technology secretary Peter Kyle addressed London Tech Week on Tuesday, reiterating Labour’s previously announced plans for the tech sector, adding only one AI drug discovery project. In a keynote that focused heavily on risk and innovation, Kyle said Labour was committed to “progressive change to build a modern economy and an opportunity society for Britain”. [...]

  • Spending review: Rachel Reeves in standoff over police budgets

    June 9, 2025

    Just 48 hours out from the government’s spending review on Wednesday, Rachel Reeves faces a tax and spend tug-of-war between senior Cabinet ministers and the realities of the public finances.  Yvette Cooper looks to be the major remaining holdout, with substantial cuts to Home Office funding expected at the spending review and no funding deal [...]

  • Cut net zero and welfare spending instead of police budget, Tory MP blasts

    June 8, 2025

    The shadow home secretary has slammed the Labour government amid mounting speculation police budgets are on the chopping block in Chancellor Rachel Reeves’ spending review. Chris Philp told the BBC’s Sunday with Laura Kuenssberg he believes police funding should be protected from cuts following concerns of a shrinking workforce. “I think I’m very concerned that [...]

  • Elton John slams government as ‘losers’ over AI copyright row

    May 18, 2025

    Sir Elton John described the Government as “absolute losers” and said he felt “incredibly betrayed” after calls by peers to amend the Data (Use and Access) Bill to include greater copyright protections against artificial intelligence (AI) were resisted. Earlier this week, the House of Lords supported an amendment designed to ensure copyright holders would have [...]

  • Government AI pushed stalled by old tech

    May 16, 2025

    The UK public sector is facing a digital crisis, with pressure mounting to roll out AI-driven services, enhance citizen engagement, and modernise remote working. But the sector is being dragged back by legacy systems, disconnected platforms, and chronic budget constraints. A new report from CX platform provider 8×8 and Cavell Group analysts has revealed that [...]

  • Rules to keep children safe online finalised by Ofcom

    April 24, 2025

    Ofcom has issued the final safety codes requiring online platforms to implement over 40 protective measures for users under the age of 18 by July. These include tools to verify user age, block underage access to adult content, and remove harmful material linked to self harm, suicide, and eating disorders. Platforms that fail to comply [...]

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