UK banks rally behind fintech startups
In an effort to help Britain maintain its position as a world leader in the tech sector, UK banks and startups have come together to rally behind the fintech industry.
A number of the world's leading banks have come together to show their support for fintech startups in the UK while entrepreneurs have promised to remain in the country in lieu of taking their businesses somewhere else in Europe.
PC prices in the UK rise by 30 percent on account of Brexit
PC prices in UK have increased by 30 percent since the Brexit announcement this year, according to distributor data.
Channel analyst Context has revealed that the average sale prices for computers including desktops, notebooks and workstations reached £480 in July and August, which is up by a third when compared to the same time last year.
VMware shrugs off Brexit concerns
VMware has confirmed it will continue to invest in the UK in spite of the worries surrounding Brexit.
The company’s head of EMEA operations told media today that Britain’s decision to leave the EU was not going to affect VMware’s position surrounding the country -- at least not for the time being.
Bill Gates says Britain can be a world technology leader after Brexit, but CBI demands certainty on data
Before the UK's referendum on leaving the EU last year, Bill Gates warned that a vote to leave could jeopardize the country’s position in the science and technology sector.
But in an interview with the Daily Telegraph (paywalled) the Microsoft founder says that Britain can remain a world leader if care is taken.
UK will comply with EU data laws after Brexit
The UK government has confirmed that it plans to comply with existing European laws on data handling and sharing, even after Brexit.
A paper published by the GOV.UK government website said that the EU needs to recognize how the UK is looking for an early agreement in finalizing its plans.
Privacy: UK government to force social media and tech companies to give users more control over their data
The UK government is set to introduce a new Data Protection Bill which will give people the right to demand companies delete personal data. The bill, due to be introduced this summer, will make it easier for people to find out what information is held about them and how it is being used.
Matt Hancock, the Digital Minister, says that the bill amounts to a widescale "right to be forgotten" and it will give people the opportunity to separate themselves from online posts they made when younger. It will also take steps to increase privacy by making it harder for companies to gain permission for limitless access to personal data.
Brexit negotiations could be hit by DDoS attacks
Hackers could use DDoS to disrupt the Brexit negotiations for the UK's leaving the European Union, or use attacks as a distraction technique while they seek to steal confidential documents or data, according to new research.
The study by Corero Network Security polled 100 security professionals at the Infosecurity Europe conference in London and found 57 percent believe Brexit negotiations will be disrupted by DDoS attacks.
VCs still investing in UK's tech sector despite Brexit risks
The UK's tech sector is continuing to see high levels of interest in spite of the risks associated with Brexit, new figures have revealed.
In fact, the nation attracted more investments in the last six months than it has in any six months in the last decade.
Cyber security is more important than Brexit in boardroom talks
Cyber security is a top concern in the boardroom, to the point where it’s a more important issue than Brexit. That's according to a new report from Radware examining the state of cyber security across the US and Europe.
The study shows that in 85 percent of cases security threats are now being discussed on a board level. Almost all of them (94 percent) see cyber security as a top priority, and two thirds (62 percent) see it as "extremely important." This figure is up nine percent, compared to last year.
Brexit has a major impact on UK tech jobs
We don't have to wait any longer to see the effects of Brexit on the tech job market in the country -- Hired.co.uk already has some data for us. And it's exactly as you might have imagined it.
According to the hiring site's report, the number of foreign tech workers in the UK is now down 50 percent. The rate at which foreign workers are now accepting UK-based roles has also dropped by a fifth (20 percent). But it’s not just the employees that are declining offers, businesses are also sending out less.
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