UK government launches innovative medical technologies pathway
The UK government has announced the launch of the Innovative Devices Access Pathway (IDAP) to support the rapid development of innovative medical technologies. The new pathway aims to address unmet clinical needs for patients and healthcare professionals. Supported by £10m of government funding, the IDAP has the potential to accelerate patients’ access to innovative technologies […]
Electric car rules could cost carmakers billions
New Brexit trade rules covering electric vehicles could cost European manufacturers £3.75bn over the next three years, an industry body has said. The rules are meant to ensure that EU-produced electric cars are largely made from locally sourced parts. But manufacturers on both sides of the Channel say they are not ready. The European Automobile […]
New advisory service to help businesses launch AI and digital innovations
Organisations across the country will be able to demonstrate that their new artificial intelligence and digital innovations meet regulatory requirements so they can quickly bring them to market. A new pilot scheme set to launch next year will see a number of regulators develop a multi-agency advice service providing tailored support to businesses so they […]
Creative Growth Finance II investment fund launched to boost UK’s Creative Industries
Creative UK has launched a new Creative Industries investment fund to support the UK’s ambitions to grow the sector by £50 billion and create one million extra creative jobs by 2030. The £35 million Creative Growth Finance II (CGF II) fund will provide the crucial investment needed to meet the targets set out in the […]
COP26 chief slams UK’s green U-turn
Alok Sharma, former chair of the COP26 UN summit in Glasgow, has cautioned that the UK must explore new avenues to reduce emissions in light of recent green policy reversals. Last week, Rishi Sunak unveiled a series of measures aimed at revising multiple green targets previously established by the UK. The revised measures encompass delaying […]
UK recession risk grows as higher interest rates impact businesses
Britain’s economy is at growing risk of recession, with industry figures showing the sharpest monthly fall in private sector activity, outside of the Covid pandemic, since the financial crisis, reports the Guardian. In a sign that higher interest rates and the cost of living crisis are combining to depress consumer demand, the latest snapshot from […]
UK agreement with Israel for global science, innovation and technology
The UK and Israel have agreed Memorandum of Understanding for faster and deeper collaboration on science, innovation and technology. As part of the deal, both countries will commit a total of £1.7 million in of support to joint research focused on technologies critical to future prosperity and quality of life, like quantum. The deal should […]
Gatwick Northern Runway: Brett North Interview
In a significant move, over 55,000 UK businesses, led by the Gatwick Diamond Initiative, have expressed their support for the Gatwick Airport’s Northern Runway Project. As the country bounces back from the pandemic’s challenges, the Northern Runway project promises over 10,000 jobs and an economic boost of over £1bn annually. The support for the […]
Resilience and Agility: How Red River Software Thrived Amid Global Turbulence
In this exclusive interview, we sit down with Dr. Simon Pringle. As CEO at Horsham-based Red River Software, Simon is passionate about channelling his creativity into solutions that reshape industries. He ardently advocates lifelong learning and finds fulfilment in inspiring others to embark on similar growth journeys. Simon is also known for his roles […]
Tailored funding available for Crawley’s green technology businesses
Crawley Borough Council has launched the Crawley Greentech Business Growth Fund to grow local businesses in the green technology and zero/low carbon construction sectors. The Fund provides three tiers of grant support: Start-up grants of up to £10,000 to support new businesses in the greentech sector; Business development grants of up to £50,000 for existing […]