Skip to content
Search

Latest Stories

UK funding to boost diversity in artificial intelligence technology roles

UNDER-represented groups in the AI and digital workforce, including women and people from minority ethnic backgrounds, will benefit from the latest British government funding.

A £18.5 million cash injection aims to drive up skills in AI and data science in the UK.


The cash injection will also support more adults to upskill and retrain to progress in their careers or find new employment.

Up to 2,500 people will have the opportunity to retrain and become experts in data science and artificial intelligence (AI), thanks to a £13.5m investment to fund new degree and masters conversion courses with 1000 scholarships for people from under-represented groups at the UK academic institutions over the next three years.

A £5m is also being invested to encourage technology companies to develop cutting-edge solutions, utilising AI and automation, to improve the quality of online learning for adults.

Potential applicants to the AI and data conversion courses will hold a degree in other disciplines and scholarships will be made available to support applications from diverse backgrounds.

This could include people returning to work after a career break and looking to retrain in a new profession, under-represented groups in the AI and digital workforce, including women and people from minority ethnic backgrounds, or lower socio-economic backgrounds.

Tech Nation statistics published in 2018 revealed only 19 per cent of our tech workforce are women.

The Adult Learning Technology Innovation Fund, which will be launched in partnership with innovation foundation Nesta, will provide funding and expertise to incentivise tech firms to harness new technologies to develop bespoke, flexible, inclusive, and engaging online training opportunities to support more people into skilled employment.

On the launch of the new Adult Learning Technology Innovation Fund, education secretary Damian Hinds said: “Artificial Intelligence and other new technologies are transforming the way we live and work and have the potential to radically improve online learning and training, so more people can get the skills they need…”

Companies across the British technology sector already employ more than 2.1 million people, contribute £184 billion to the economy every year and inward investment to the UK AI sector stood at £1bn for 2018, which is more than Germany, France, Netherlands, Sweden, and Switzerland combined.

More For You

Deliveroo posts first annual profit after 12 years

A Deliveroo rider near Victoria station in London, England. (Photo by Dan Kitwood/Getty Images)

Deliveroo posts first annual profit after 12 years

FOOD DELIVERY app Deliveroo announced on Thursday (13) its first annual profit as orders and revenue rose, while the 12-year old company sees further growth despite exiting Hong Kong.

The milestone follows sizeable full-year losses owing to high investment costs since American Will Shu founded the company in 2013 and made Deliveroo's first delivery in London.

Keep ReadingShow less
JLR-Tata-Getty

JLR had initially planned to manufacture more than 70,000 electric vehicles at the facility. (Photo: Getty Images)

JLR halts plan to build EVs at Tata’s India plant: Report

JAGUAR LAND ROVER (JLR) has put on hold plans to manufacture electric vehicles at Tata Motors’ upcoming £775 million factory in southern India, according to a news report.

The decision was influenced by challenges in balancing price and quality for locally sourced EV components, three of the sources said. They added that slowing demand for electric vehicles was also a factor.

Keep ReadingShow less
Government to abolish payments regulator to boost growth

Keir Starmer (R) and Rachel Reeves host an investment roundtable discussion with members of the BlackRock executive board at 10 Downing Street on November 21, 2024 in London, England. (Photo by Frank Augstein - WPA Pool/Getty Images)

Government to abolish payments regulator to boost growth

PAYMENTS REGULATOR will be abolished and its remit absorbed by another financial regulator, the government said on Tuesday (11), as it aims to cut red tape in favour of growth.

The Payment Systems Regulator (PSR), which oversees systems including MasterCard and bank transfers, tackles problems such as fraud, excessive fees and lack of competition among banks and payment providers.

Keep ReadingShow less
Boohoo

Boohoo’s shares, which have fallen by about 20 per cent this year, dropped 4 per cent on Tuesday. (Photo: Getty Images)

Boohoo rebrands as Debenhams after 21 per cent sales drop

BOOHOO has rebranded itself as Debenhams Group after sales from its young fashion brands, including Boohoo, MAN, and PrettyLittleThing, declined by 21 per cent to £947 million.

The move comes amid strong competition from Shein and a shift towards second-hand clothing among younger shoppers, The Guardian reported.

Keep ReadingShow less