'President Macron will be choking on his croissants' as UK beats France for tech investment

  • 📰 SkyNews
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 67%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

As of 31 May, more than 950 British technology companies had brought in £12.4bn in private funding, putting the UK second only to the US in terms of start-up investment

that is only forecast to intensify in the months ahead as energy bills rise to stoke inflation further.The forecasts have prompted downgrades to growth expectations from the British Chambers of Commerce and the Organisation for Economic Co-operation and Development last week, the latter warning that theMr Philp said the government was aiming to"grow the UK tech sector's annual gross value add by £41bn in the next three years, creating 700,000 new jobs in the process".

The Department for Business, Energy and Industrial Strategy will publish a Quantum Strategy later this year, with another strategy paper on semiconductors expected to review the UK's position in the global market following a supply shortage. Some of the government's ideas around AI may be challenged by the new information commissioner, John Edwards, as, although businesses are largely supportive of measures that would allow them to use the data they process for customers to improve their products.

"There is a huge opportunity for UK financial institutions, particularly pension funds, to allocate a lot more capital to pre-IPO tech in a way that their North American cousins in America and Canada do already.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 35. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Brexit going bad 👎 lets make up feel good factor

30 years later.. boring 😴

And how many of those British technology companies have finacial links to Conservative ministers? And does it include the £375m fund set up of Tax payers money.

Yet 🏴󠁧󠁢󠁳󠁣󠁴󠁿 is out performing rUK for inward investment the reason UK want to keep 🏴󠁧󠁢󠁳󠁣󠁴󠁿chained to them

Clue is in your report “ according to government figures “ well researched I think not

Back at mocking french again now lol

What a brainless headline and photo. I suppose someone thought it was 'amusing' when it fact it just exposes a childish xenophobic obsession.

Nice racial slur. Always good for mending fractured relationships…

Choking on his croissants? Are you the Daily Mail now?

No, because the remainders said this wouldn't happen.

James? James? mrjamesob

So bloody childish.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

UK GDP report for April released as recession fears grow – business liveRolling coverage of the latest economic and financial news The rag wallowing in another victory. Expect to see several tweets all saying the same thing
Source: The Guardian - 🏆 84. / 53 Read more »