Why university spinouts are a battleground in the government’s ‘science and tech superpower’ plans May 16, 2023 Top tech investors and policymakers are looking to boost the flow of cash into a new wave of start-ups coming out of British universities, as ministers lean on the private sector to turn the UK into a “tech and science superpower”. Universities have long been viewed as fertile breeding grounds for tech start-ups by private [...]
British farmers to be given greater protections in future trade deals May 16, 2023 Farmers are to be given greater protections in future trade deals as part of a package of measures unveiled ahead of a No 10 food summit. Downing Street said the government’s initiatives, as well as putting greater emphasis on farmers’ interests during international trade negotiations, include reviewing supply chains to ensure producers are getting a [...]
Our tax system is not as bad as we think – but it won’t be our magic bullet for growth May 16, 2023 Our taxes are not attracting nor repelling many businesses; they sit somewhere in the middle. It's not that bad, but we shouldn't rely on our tax system to boost our economy any time soon, writes Tim Sarson
CMA to probe if ‘failure in competition’ is seeing consumers overcharged for food and fuel May 15, 2023 The Competition and Markets Authority (CMA) today announced it will investigate whether a “failure in competition” is seeing consumers overcharged for groceries and fuel. The watchdog said it would be stepping up its work in the grocery sector to determine whether a “failure in competition is contributing to grocery prices being higher than they would [...]
‘Greedflation’ not to blame for UK price surge, former rate setter claims May 15, 2023 “Greedflation” is not to blame for prices surging in the UK and instead businesses are pushing up prices in response to soaring costs, a former Bank of England rate-setter claimed today. Michael Saunders, an ex-member of the monetary policy committee – the nine strong group that sets interest rates in Britain – and now senior [...]
US debt ceiling crisis galvanises Bitcoin’s safe haven status May 15, 2023 Nigel Green explains how the US is facing a deep crisis over its debt ceiling limit that could unlock more bullish sentiment towards Bitcoin.
EU top body lifts economic growth forecast saying Europe dodged dreaded recession May 15, 2023 The European Union’s executive body has raised its economic growth forecast, saying Europe has dodged a winter recession that was feared amid an energy crisis. The outlook for the 20 countries using the euro currency improved to growth of 1.1 per cent this year from 0.9 per cent in the previous predictions in February, the [...]
Why Shapella looks like a game changer for Ethereum May 15, 2023 Dr Sreejith Das, CEO and co-founder of Attestant, explains why he believes Ethereum's Shapella upgrade is an important crypto milestone.
Center Parcs put up for sale with owner Brookfield eyeing a £5bn price tag May 15, 2023 Center Parcs’ owner Brookfield has reportedly put the UK holiday resort up for sale. The Toronto-based private equity firm is hoping to fetch between £4bn and £5bn for the company, the Financial Times reported today. Center Parcs operates six major holiday villages in the UK and Ireland, in counties including Wiltshire, Cumbria and Bedfordshire. The [...]
Bitcoin gains a foothold after last week’s stumble May 15, 2023 The price of Bitcoin is trading firmly above $27k this morning, with Ethereum back up above the key level of $1.8k.