Prime Minister David Cameron hosted the first ever tech start-up pitch at 10 Downing Street last week, entertaining 10 high-growth tech firms, venture capitalists and angel investors in what was called “Pitch 10”.
The new Education Secretary, Nicky Morgan, has pledged to strengthen regulations to prevent unsuitable people from running academies and free schools following the publication of a report on the so-called ‘Trojan horse’ scandal, which found evidence for the instigation of a hard line extremist Islamic ethos in a number of schools in Birmingham.
With the consultation on the Direct Recovery of Debts (DRD) powers for HM Revenue & Customs (HMRC) closing yesterday (29 July), financial and legal bodies and business lobby groups have warned that the powers are wrong in principle.
According to a recent study, the number of small and medium-sized enterprises (SMEs) operating in the Internet of Things (IoT) sector is growing, with many believing that the UK start-up community could become a global leader in the IoT landscape.
Although research conducted earlier this month (July) found that 80 per cent of MPs in the UK believe the business rates system is “not fit for purpose”, the British Retail Consortium (BRC), which has been campaigning for a fairer tax system for businesses for many years, has shelved its proposals for alternatives, admitting it is…Details
As calls come from business groups for European leaders to make economic growth their “top priority” and make funds available to small and medium-sized enterprises (SMEs), a new entrant has announced that is to start lending to small businesses.
The UK is creating too few high-growth companies, which are key to productivity, because of “barriers” holding back ambitious entrepreneurs, according to a respected think tank.
News that Michael Gove has been replaced by Nicky Morgan as Education Secretary may have caused a major furore in the world of academia but it is unlikely that the change will have any impact on academies and free schools in the short term.
The Government’s aggressive cuts to corporation tax are costing more than £5bn a year, requiring funding from elsewhere in the Budget at a time of spending cuts, which is the wrong strategy to follow, according to critics.
Search engine Google is launching a $100m (£58m) London-based venture capital fund to invest in promising technology companies across Europe because it believes that the area’s start-up scheme has “enormous potential”.