Boris Johnson reveals support package for Ukrainian tech entrepreneurs

By |June 28th, 2022|

 Read-time: 2 minutes UK Prime Minister Boris Johnson has unveiled a package to support Ukraine’s science, tech  and research sectors during their war. The support package includes an additional £9.8m for the Researchers at Risk scheme. Which, launched in March to help more than 130 Ukrainian scientists, researchers and tech entrepreneurs to resume work in [...]

1.5m UK SMEs expect to lose business due to rising inflation

By |June 28th, 2022|

Readtime: 3 minutes Approximately 1.5 million UK SMEs (small and medium enterprises) owners anticipate a loss of business this year. This is  due to the rising cost of living and inflation. SMEs Surveys Surveys have found 42% of SMEs and micro businesses view rising inflation as the biggest threat.  Additionally, rising energy prices was the [...]

HSBC’s new £250m fund for ‘loss-making’ tech scaleups

By |June 27th, 2022|

Readtime: 2 minutes   About the fund  HSBC  launched a £250m fund to invest in “high growth, loss-making” tech scaleups in the UK. The HSBC Growth Lending fund provides bank loans to scaleups that have already exchanged equity within the  company for funding from venture capital firms and angel investors. The fund will provide access [...]

How rising inflation is affecting your small business

By |June 27th, 2022|

Read time: 4 minutes Rising Inflation rates are all we can hear in our headlines, but how does this affect your small business?  Inflation measures how much prices for goods and services rise over time.  Inflation rates  in the UK are setting new record highs, currently at 9.1 as of May 2022, The ONS (Office [...]

Submarine cable landed in Mombasa, Kenya

By |June 22nd, 2022|

Mombasa is ready to welcome the new submarine cable which will connect continents… A new submarine cable has successfully been landed in Mombasa by Telkom Kenya and PEACE Cable. PEACE Cable will improve connectivity between Africa, Europe, and Asia. With the rapid growth in Internet services, such as cloud computing, streaming, gaming, and connected devices, [...]

Technology moves forward in the culinary section with tools that control foods’ taste…

By |June 22nd, 2022|

In partnership with Meiji University, Kirin Holdings has developed a wearable device that is connected to a chopstick... Researchers and the food and beverage company have created food tools that simulate salty foods using an electric current.  Taste-Adjusting Chopsticks is the name of this product. Benefits and components of Taste-Adjusting Chopsticks: Electric stimulation is provided [...]

Complaints to HMRC fell in 2021/2022, but remain higher than pre- pandemic levels…

By |June 22nd, 2022|

The ICAEW's Tax Faculty summaries the annual report and highlights the differences HMRC complaints decreased by 19% (1,029) COVID-19 support is less of a problem, but the number of complaints is higher than before COVID. The complaints that have been resolved represent 32% of the total, and those that have been partially resolved could still [...]

5G Technology: The new modem card lands in Morocco

By |June 8th, 2022|Tags: , , |

Readtime: 2 minutes Thales new MV32 Modem Thales presents the new Centurion MV32 Modem, which is easy to set up and maintain and improves 5G connectivity. This is the infrastructure for enterprises, remote patient care, and intelligent monitoring of renewable energy generation. Thales (Euro Paris next HO) is a global leader in advanced technology that [...]

AI and ML Technology To Transform The Economy by 2025

By |June 8th, 2022|

Read time: 4 minutes Technology is constantly advancing, in the last 10 years even more so than ever. Artificial intelligence (AI) and Machine learning (ML) are technology trends you need to keep your eye on and will transform the economy by 2025!  What is AI and ML technology ?  There are two main types of [...]

HSBC to invest £500m in UK tech SMEs

By |June 7th, 2022|

Read time: 2 minutes HSBC is investing £500m in the UK tech sector through its 2022 £15bn lending fund for small and medium-sized businesses (SMEs). Fund will also be allocated through: £500m for franchise businesses,  £1.2bn in agriculture A whopping £2bn for internationally trading businesses. The £15bn fund  adds to the $1bn lending fund and [...]