Department for International Trade

British nuclear developer MoltexFLEX wins £1.3m grant from UK Government

Retrieved on: 
Tuesday, July 18, 2023

Warrington, England, July 18, 2023 /PRNewswire/ -- British advanced nuclear technology developer MoltexFLEX has been awarded a Government grant worth £1.3 million (US$1.65 million) via the Nuclear Fuel Fund (NFF) to accelerate the development of fuel for its innovative FLEX reactor.

Key Points: 
  • Warrington, England, July 18, 2023 /PRNewswire/ -- British advanced nuclear technology developer MoltexFLEX has been awarded a Government grant worth £1.3 million (US$1.65 million) via the Nuclear Fuel Fund (NFF) to accelerate the development of fuel for its innovative FLEX reactor.
  • The NFF grant provides funding for MoltexFLEX to develop commercial-scale delivery of its low-enriched uranium fuel salt.
  • UK business MoltexFLEX is developing its low-cost and passively safe FLEX reactor and GridReserve energy storage technology.
  • GBN is part of a raft of initiatives that represent a renaissance of the UK nuclear sector, and the grant will ensure that MoltexFLEX is at the forefront of this.

Rebecca Mowat Joins Highline as Director of Partnerships

Retrieved on: 
Tuesday, January 31, 2023

Continuing its impressive growth into the new year, award-winning payments fintech Highline Technologies today announced that Rebecca Mowat has joined the company as its new Director of Partnerships.

Key Points: 
  • Continuing its impressive growth into the new year, award-winning payments fintech Highline Technologies today announced that Rebecca Mowat has joined the company as its new Director of Partnerships.
  • Mowat brings over 20 years of experience in the international trade and business community to Highline’s diverse team.
  • Prior to joining Highline, Mowat worked extensively as a U.S. liaison for the United Kingdom in international trade development and foreign direct investment arenas, including the Department for International Trade and UK Trade & Investment.
  • “Highline has an amazing culture, a passion for supporting both its clients and employees, and a focus on expanding financial wellness and inclusivity,” said Mowat.

Vantage Data Centers Enters London Market With £500 Million Investment

Retrieved on: 
Tuesday, January 10, 2023

Vantage Data Centers, a leading global provider of hyperscale data center campuses, today announced its entrance into London with the development of a 48MW £500 million campus.

Key Points: 
  • Vantage Data Centers, a leading global provider of hyperscale data center campuses, today announced its entrance into London with the development of a 48MW £500 million campus.
  • View the full release here: https://www.businesswire.com/news/home/20230110005323/en/
    Vantage Data Centers’ LHR1 campus will include 48MW of IT capacity across two facilities.
  • “Vantage has experienced rapid growth over the past three years as we continue developing state-of-the-art data center campuses across EMEA,” said Antoine Boniface, president, EMEA at Vantage Data Centers.
  • “The continuing demand for data centers in London offers a prime opportunity for Vantage Data Centers to make its entrance into the highly-coveted market,” said Tim Kay, deputy director for technology, Department for International Trade in London.

FlaxNFT.com hosts London's Largest Web3 and NFT Community Conference

Retrieved on: 
Friday, November 18, 2022

LONDON, Nov. 18, 2022 /PRNewswire/ -- Web3, NFT and Gaming London Conference was attended by 800+ people with over 100 international speakers.

Key Points: 
  • LONDON, Nov. 18, 2022 /PRNewswire/ -- Web3, NFT and Gaming London Conference was attended by 800+ people with over 100 international speakers.
  • FlaxNFT.com is a brand-new marketplace that focuses on NFTs, games, music and films featured with NFT Staking, Pool and Game launchpad.
  • The conference marked an opportunity to a number of community groups to work with the organizers ranging from London NFT, Women in Web, DLT Hub, Gaming and NFT Communities.
  • The event was inaugurated by Peter Meli, economic attach to Malta and a leading expert in the blockchain and NFT sector.

FlaxNFT.com hosts London's Largest Web3 and NFT Community Conference

Retrieved on: 
Friday, November 18, 2022

LONDON, Nov. 18, 2022 /PRNewswire/ -- Web3, NFT and Gaming London Conference was attended by 800+ people with over 100 international speakers.

Key Points: 
  • LONDON, Nov. 18, 2022 /PRNewswire/ -- Web3, NFT and Gaming London Conference was attended by 800+ people with over 100 international speakers.
  • FlaxNFT.com is a brand-new marketplace that focuses on NFTs, games, music and films featured with NFT Staking, Pool and Game launchpad.
  • The conference marked an opportunity to a number of community groups to work with the organizers ranging from London NFT, Women in Web, DLT Hub, Gaming and NFT Communities.
  • The event was inaugurated by Peter Meli, economic attach to Malta and a leading expert in the blockchain and NFT sector.

Mayor of West Midlands Andy Street Visits Kagool In Hyderabad With Trade Delegation

Retrieved on: 
Wednesday, November 9, 2022

HYDERABAD, India, Nov. 9, 2022 /PRNewswire/ -- Yesterday, Mayor of the West Midlands Andy Street visited data specialist Kagool's Hyderabad offices as part of an official trade delegation formed of business and political leaders from the UK's West Midlands.

Key Points: 
  • HYDERABAD, India, Nov. 9, 2022 /PRNewswire/ -- Yesterday, Mayor of the West Midlands Andy Street visited data specialist Kagool's Hyderabad offices as part of an official trade delegation formed of business and political leaders from the UK's West Midlands.
  • The trade mission has been organised by the West Midlands Growth Company (WMGC) and partners including the West Midlands India Partnership,the Foreign, Commonwealth & Development Office (FCDO) and the Department for International Trade (DIT).
  • Technology is a key focus for the mission so a visit to Coventry headquartered Kagool's office in Hyderabad was on the agenda for Mr Street.
  • Dan Barlow, CEO with Kagool, commented, "Kagool has very strong ties with India with three offices in the country.

Mayor of West Midlands Andy Street Visits Kagool In Hyderabad With Trade Delegation

Retrieved on: 
Wednesday, November 9, 2022

HYDERABAD, India, Nov. 9, 2022 /PRNewswire/ -- Yesterday, Mayor of the West Midlands Andy Street visited data specialist Kagool's Hyderabad offices as part of an official trade delegation formed of business and political leaders from the UK's West Midlands.

Key Points: 
  • HYDERABAD, India, Nov. 9, 2022 /PRNewswire/ -- Yesterday, Mayor of the West Midlands Andy Street visited data specialist Kagool's Hyderabad offices as part of an official trade delegation formed of business and political leaders from the UK's West Midlands.
  • The trade mission has been organised by the West Midlands Growth Company (WMGC) and partners including the West Midlands India Partnership,the Foreign, Commonwealth & Development Office (FCDO) and the Department for International Trade (DIT).
  • Technology is a key focus for the mission so a visit to Coventry headquartered Kagool's office in Hyderabad was on the agenda for Mr Street.
  • Dan Barlow, CEO with Kagool, commented, "Kagool has very strong ties with India with three offices in the country.

Thriving UK scale-up, White Label Loyalty, launches in the US

Retrieved on: 
Tuesday, September 27, 2022

NEW YORK, Sept. 27, 2022 /PRNewswire/ -- One of the world's leading loyalty technology experts is entering the US market for the first time. UK-based White Label Loyalty will open its first overseas office in New York later this year.

Key Points: 
  • UK-based White Label Loyalty will open its first overseas office in New York later this year.
  • White Label Loyalty is already on track to close its first three US deals by the end of 2022.
  • "The U.S. market is hot for customer loyalty at the moment due to consumers' rising expectations of seamless shopping experience from brands", said Achille Traore, CEO, White Label Loyalty.
  • For more information on White Label loyalty, please visit https://whitelabel-loyalty.com/
    View original content to download multimedia: https://www.prnewswire.com/news-releases/thriving-uk-scale-up-white-labe...

UK Export Finance Leverages Informatica Cloud Platform to Help Businesses Scale Globally

Retrieved on: 
Tuesday, September 20, 2022

Informatica (NYSE:INFA), an enterprise cloud data management leader, today announced that UK Export Finance is modernizing to the cloud with Informaticas Intelligent Data Management Cloud (IDMC), freeing up team resources to better serve UK businesses of all sizes and sectors.

Key Points: 
  • Informatica (NYSE:INFA), an enterprise cloud data management leader, today announced that UK Export Finance is modernizing to the cloud with Informaticas Intelligent Data Management Cloud (IDMC), freeing up team resources to better serve UK businesses of all sizes and sectors.
  • UK Export Finance is the worlds first and oldest export credit agency, its mission is to advance prosperity by ensuring no viable UK export fails for lack of finance or insurance, doing that sustainably and at no net cost to the taxpayer.
  • UK Export Finance kicked off its digital transformation with a focus on connectivity and fast data ingestion.
  • Were pleased to be working with UK Export Finance to unleash the power of its data to help UK businesses and industries thrive.

Deluxe Partners with U.K. Department for International Trade on Fintech Mission to Promote Collaboration and Innovation

Retrieved on: 
Tuesday, September 13, 2022

The partnership is designed to promote transatlantic collaboration and innovation in financial and business services, and to strengthen the ties between Atlanta and the U.K. as leading regional and global Fintech markets.

Key Points: 
  • The partnership is designed to promote transatlantic collaboration and innovation in financial and business services, and to strengthen the ties between Atlanta and the U.K. as leading regional and global Fintech markets.
  • The selected companies received feedback and advice from Deluxe, and all applicants enjoyed the chance to learn about the Atlanta Fintech ecosystem from local economic development organizations, industry bodies, and academia.
  • The 10 Fintech startups in attendance were BR-DGE , Centelli , Datactics , EarthID , Eedenbull , Float , Identitech , Liberis , Willo , and Yoello .
  • Deluxe is committed to open innovation, not just within our walls, but with new, emerging businesses no matter where they are located, said Scott Sanchez, Vice President and Chief Innovation Officer for Deluxe.