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innovation

  • Autumn Budget: R&D and AI push faces delivery questions

    Tech

    Rachel Reeves’ Autumn Budget set out one of the largest public investments in UK research and innovation in decades, with billions earmarked for R&D, AI, and the industrial strategy. UK Research and Innovation (UKRI) will receive £38.6bn, including £9bn for government priority sectors such as AI, quantum computing, and engineering biology. Meanwhile, £7bn is set [...]

    Breaking news update with stock market analysis and financial data graphs on a digital interface, highlighting global trends
  • Labour’s Liz Kendall unveils record £55bn R&D boost for UK innovation

    Tech

    Labour has announced a £55bn funding boost for science and technology, dubbing it the largest-ever long-term investment in UK research and development (R&D). The plan, confirmed today by the Department of Science, Innovation and Technology (DSIT), will pour billions into British research agencies and innovation bodies through to 2030 – part of the government’s drive [...]

    Work and Pensions Secretary Liz Kendall is in charge of reforming the state pension and benefits system
  • Exclusive: Liz Kendall bets £55bn to close UK innovation gap

    Britain’s new tech secretary, Liz Kendall, insists the government’s record £55bn R&D package marks a turning point for UK innovation, but with the country still lagging global rivals in key sectors, questions remain over whether even this scale of investment can close the gap. The funding, confirmed on Thursday by the Department for Science, Innovation [...]

    Work and Pensions Secretary Liz Kendall is in charge of reforming the state pension and benefits system
  • Can Britain’s AI growth lab speed up innovation without risking safety?

    October 24, 2025

    The UK government’s recent unveiling of an AI ‘growth lab’ – a sandbox designed to let companies trial AI under relaxed regulatory conditions – has been hailed as a bold step to accelerate innovation. At the Times Tech Summit on Tuesday, tech secretary Liz Kendall dubbed it as a chance to remove the “needless red [...]

  • Autumn Budget: Reeves must focus on growth, not ‘gimmicks’

    October 16, 2025

    Ahead of the Autumn Budget, City Reporter Samuel Norman sits down with top industry names for a Budget Briefing. This week, the chief executive of founders club Helm calls for bold innovation policies took take centre stage. Chancellor Rachel Reeves should use her second Autumn Budget to make bolder swings for the UK’s innovation economy [...]

  • Natwest hires top tech talent amid UK innovation push

    October 9, 2025

    NatWest had doubled down on its support for the UK’s high-growth and innovation economy with two senior strategic hires in its newly formed venture banking team. Greg Brown has joined as head of venture capital coverage, and Kim Martin has stepped in as head of venture and growth finance, reflecting the bank’s renewed push to [...]

  • Global talent visa: The migrants the UK really wants

    September 30, 2025

    Keir Starmer’s great triumph – perhaps his only success – lies in his smart diplomacy with President Donald Trump. As Trump has moved to obliterate the world order, Starmer has made use of his soft spot for the UK. Now the Prime Minister is being urged to take advantage of Trump’s blind spot. In the [...]

  • UK launches national commission to fast-track AI in the NHS

    September 26, 2025

    The UK government has established a national commission to accelerate the safe introduction of AI across the NHS. The panel, which brings together experts from big techs, researchers, and clinicians, will advise the Medicines and Healthcare products Regulatory Agency (MHRA) on a new regulatory framework for AI in healthcare, set to be published next year. [...]

  • Startups tell Labour to snatch talent ‘displaced’ by Trump’s H-1B fee 

    September 23, 2025

    An entrepreneur campaign group backed by executives at top UK businesses has urged the Labour government to re-design its Global Talent visa to take innovators “displaced” by President Trump’s radical changes to the H-1B visa.  The Startup Coalition has urged Home Office officials to change its Global Talent visa to help individuals re-locate from the [...]

  • The Long Tail: The crucial role of Managing General Agents

    September 17, 2025

    As the fastest-growing segment in property and casualty (P&C) insurance globally, managing general agents (MGAs) are attracting significant investment and playing a crucial role in closing the protection gap. MGAs utilise capital from large insurers to underwrite on their behalf, allowing insurers access to specialised product lines without having to build in-house capabilities. In the [...]

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