Oxford University joins a consortium led by the digital quantum computing company, SEEQC, to build and deliver a full-stack quantum computer for pharmaceutical drug development for Merck KGaA. The consortium has today been awarded a £6.85M grant by Innovate UK’s Industrial Strategy Challenge Fund (ISCF) to build a commercially...
PATRIZIA has completed the construction of an impressive new high-tech building which will be home to a new In-Orbit Space Manufacturing Facility and a Healthy Living Laboratory at Westcott Venture Park. The new development known as Building 4000 and comprising 27,000 sq ft is centrally...
Tokamak Energy has announced the breakthrough design of cryogenic, or very low temperature, power electronics technology for the high-efficiency operation of its superconducting magnets. This will result in reduced costs of future fusion power plants – which is key to commercialising and scaling the technology....
EY has announced that it will be relocating to new office space in Reading, which has been designed to facilitate the firm’s new hybrid working model. The new office marks EY’s continued investment in its Thames Valley business. Over the last financial year, the firm...
Buckinghamshire Council's Strategic Sites Planning Committee has resolved to grant planning permission for the expansion of the world-renowned Pinewood Studios site in Buckinghamshire, England. The proposed development for new studio space includes sound stages, a skills and training hub to be operated by the National Film and Television School, a business growth hub and a major film inspired...
Shinfield Studios, part of Blackhall Global Partners, has received full planning permission from Wokingham Borough Council to begin construction on a state-of-the-art studio facility, which will comprise of 18 sound stages. The 85,000 square meter media hub will be located in Shinfield, Berkshire within the...
Research commissioned by the Department for Digital, Culture, Media and Sport’s UK Global Screen Fund has shown that UK film and TV play a vital role in influencing positive international opinion of the country and attracting global viewers to visit our world-famous locations and landmarks. Nearly...
GlaxoSmithKline (GSK) plc and the University of Oxford have announced a major five-year collaboration to establish the Oxford-GSK Institute of Molecular and Computational Medicine. The new Institute, which will be based at the University of Oxford, aims to improve the success and speed of research...
In 2019, US-owned businesses supported 1.48 million jobs across the UK. Almost 1 in every 20 UK workers, or 4.7% of all workers, worked for a US-owned business in 2019. Around 60% of all employment in US-owned local business units is outside of London and...
A strong innovative culture and an economy rich in services and research-based firms will mean that Oxford will be home to the UK’s fastest employment growth by the end of 2022 - according to the latest business report by national law firm Irwin Mitchell. The...