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Free the Postcode Address File to boost UK tech startups

Free the Postcode Address File to boost UK tech startups

The platonic ideal of a tech business is that founders identify a problem, or a new way to do something, and then they set to work to make it a reality – usually with a lot of late nights and takeaway pizzas as a crucial part of the process. The best part is that if...

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Furlough didn’t save millions of jobs. Its true costs are only now becoming clear

Furlough didn’t save millions of jobs. Its true costs are only now becoming clear

The latest Rishi Sunak advert paints him as quite the hero. “14 million jobs saved” it declares, in Hollywood poster style. And underneath: “Furlough announced, four years ago today.” SuperSunak is shown in three action-man guises: at his desk, in trademark hoodie. Then walking, with a look of urgent purpose. Finally, wearing a face mask,...

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Two steps to reinvigorate the UK’s fashion industry

Two steps to reinvigorate the UK’s fashion industry

Do you create bespoke items and charge a premium for the work it entails – and thereby price out many people struggling with a cost-of-living crisis? Or do you mass-produce certain sizes and styles, the efficiency of which enables you to charge less – but which creates a lot of excess inventory (i.e. waste) in...

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£1.1bn to upskill the UK for future tech roles is too little too late – UKTN

£1.1bn to upskill the UK for future tech roles is too little too late – UKTN

In ordinary circumstances, a figure of £1.1bn – the headline-capturing amount the government announced last week to train “over 4,000” UK students in future technologies – wouldn’t be lamentable. Yet, considering total public spending on education was £116bn in 2022-23, according to the Institute for Fiscal Studies – down 8% from the 2010-11 figure –...

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We believe in unicorns – it’s time our politics did too

We believe in unicorns – it’s time our politics did too

This budget week will likely be the last before a general election that, regardless of the outcome, will herald significant change. As we all know, Britain faces huge challenges. There’s a major growth challenge, there’s a cost of living crisis, and public services are in trouble for both the public and businesses who use them....

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Arm’s soaring share price is bittersweet for UK tech

Arm’s soaring share price is bittersweet for UK tech

For those who follow the UK tech sector closely, watching Arm‘s share price go from strength to strength has been a bittersweet experience. Sweet because Arm is a British company specialising in one of the single most important global technologies, and a fantastic example of the potential for world-leading technological capability the country possesses. Bitter...

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AI can drive a British biotech boom – if startups can get lab space

AI can drive a British biotech boom – if startups can get lab space

The UK has always been a hub of innovation, from inventing the lightbulb and the telephone to discovering the medicinal benefits of penicillin and the structure of DNA. You could say innovation runs in the genes of this country. Recent advances in artificial intelligence are now merging technology with life sciences. Considering Britain’s strong historical...

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Why we must fix the regulators to boost UK tech

Why we must fix the regulators to boost UK tech

The biggest rate limiter on UK tech is no longer capital or talent. It’s not even regulation. It’s regulators. For decades, startups, investors and government alike have focused their energy on capital and talent reforms, two of the most critical ingredients for any tech ecosystem. Today, VC investment has increased tenfold in just over a...

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Pragmatism needed to undo damage from angel investor changes

Pragmatism needed to undo damage from angel investor changes

The UK tech startup and investor landscape is facing significant ramifications from updated definitions for sophisticated investors and high-net-worth individuals under new financial promotion rules. In the absence of a U-turn from the chancellor, a pragmatic approach is required to undo the damage to the tech ecosystem. From January 31, the salary threshold for a...