London is the toughest place to be an entrepreneur, report finds October 21, 2020 London is the toughest place in the UK to be an entrepreneur due to a huge wealth disparity and a higher cost of living, according to a new report. The government-funded British Business Bank (BBB) and management consulting firm Oliver Wyman have today published a report into the huge impact ethnic and economic background as [...]
A lost generation of startups: are early-stage companies being left behind? October 15, 2020 Early-stage companies face a difficult winter ahead as barriers to funding increase and the number of failing tech startups soar. Last month saw a record number of filings for administrations, liquidations or dissolutions of the UK’s startups. Research by Plexal and Beauhurst published today reveals more than 1,000 tech startups have filed since the start [...]
Entrepreneurship can be taught – so why don’t we teach it more? September 22, 2020 It is hard to think of a tougher task than teaching school children remotely. Until this month’s return to the classroom, schools across the country have been forced to adapt these challenging circumstances. Not everything has worked out, but projects such as Oak National Academy thousands of free online lessons show the potential for innovation [...]
Entrepreneurs are an asset to grow. The government must give them time to thrive September 14, 2020 “Energy is eternal delight.” Heed the words of William Blake, because entrepreneurial energy is the dynamo that has powered the UK economy and transformed the business scene in recent times. The worry has to be that this is not a year that suggests this energy is eternal, and the mistake is to assume the resilience [...]
London’s startup scene is under threat – here’s how we can safeguard our entrepreneurs September 10, 2020 Following one of the biggest economic upheavals in living memory, London is now resetting itself. But our capital’s startups have taken a bruising in the last few months and their recovery requires urgent action. The impact has not been uniform, as some investment is still flowing. But investors have been backing portfolio companies, or in [...]
Future Fund bailout scheme for startups extended to firms moved abroad June 30, 2020 Britain is to expand a coronavirus bail-out scheme for startups to include those that had previously been blocked after moving overseas to tap foreign investors. In a roll-out to be announced by chancellor Rishi Sunak today, the government will have stakes in dozens of UK startups through its Future Fund scheme. The programme, initially announced [...]
Startups’ coronavirus Future Fund is a ‘bad deal’ for founders May 4, 2020 The government’s flagship support scheme for startups hit by coronavirus, the Future Fund, has been described as “simply not good enough” and “a bad deal” by one of the UK’s leading tech entrepreneurs. Priya Lakhani, founder and CEO of education technology company Century, said the terms under which money could be accessed through the scheme are [...]
The City View podcast, from City A.M., with Priya Lakhani OBE May 4, 2020 In this episode, Christian is joined by Priya Lakhani, founder and CEO of Century – an AI-powered education platform. Subscribe to The City View Podcast: Apple / Google / Spotify / RSS Priya, who served as a business adviser to the coalition government, gives a candid and forthright assessment of the government’s support packages for businesses. [...]
Let’s work together to make work experience more rewarding March 31, 2020 Any student who’s ever spent a week getting coffee, photocopying, or doing research that is immediately thrown into the recycling knows that our current work experience system doesn’t work. It’s elitist, nepotistic, and formal work experience programmes tend to only be offered in very “establishment” industries: law, banking, consulting. And yet it’s still a vital [...]
If cities like London and Cardiff collaborate, the whole UK will prosper March 9, 2020 Last week, digital bank Starling announced the creation of 400 new jobs in Cardiff. To anyone familiar with the thriving city, it should come as no surprise. The Welsh capital has cultivated an innovative digital and tech centre with particular specialities around life sciences and software technology, as well as fast-growing adjacent industries such as [...]