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Prosperity from Space: A British Success Story

The Space Growth Partnership (SGP) has published a Sector Strategy proposal for a Space Sector Deal. The new document, Prosperity from Space, sets out to Government the SGP’s vision for enhanced growth in the UK space sector over the next decade. The SGP was set up...

Tech sector backs British AI industry with multimillion pound investment

More than 50 leading technology companies and organisations have contributed to the development of an Artificial Intelligence Sector Deal (AI) which has just been announced by the UK Government. The deal, worth almost £1 billion, includes almost £300 million of private sector investment into the...

Global aerospace giants invest in Oxfordshire-based firm Reaction Engines

Oxfordshire-based Reaction Engines has secured a further £26.5 million to support the development of SABRE™ - a revolutionary new class of aerospace engine combining jet and rocket technologies. The UK Government previously committed £60 million in funding through both the UK Space and the European Space...

Making Britain the best place in the world for creative industries

Britain’s creative industries are growing twice as fast as the rest of the economy, are worth a staggering £92 billion, and employ 2 million people. The sector is now set to consolidate the country’s position as a global creative powerhouse, following the launch of a groundbreaking...

Thames Valley Berkshire LEP ranked highly in fDi 2018/19 ranking

Thames Valley Berkshire Local Enterprise Partnership (LEP) has achieved second place of all the UK’s LEPs in fDi’s European Cities and Regions of the Future 2018/19 ranking. The ranking is published online by fDi Intelligence, a division of the Financial Times, which specialises in all areas relating...

Harwell to be home to new £65m Faraday Institution HQ

The UK Government recently announced its selection of Harwell Science and Innovation Campus in Oxfordshire as the home of the flagship Faraday Institution Headquarters, a new Government funded £65 million research institute. The new centre will be charged with leading the UK’s research into energy...

Prime Minister opens new Thales UK headquarters in Green Park, Reading

Prime Minister Theresa May recently joined Reading West MP Alok Sharma to officially open the new UK headquarters of global technology company, Thales at Green Park, Reading. The company, headquartered in France, has a 130-year history in the UK, incorporating many iconic British businesses such...