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...
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 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...
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...
Medtech leader AliveCor, whose European operation is in Slough, Berkshire, has been named the number one Most Innovative Company in Artificial Intelligence by Fast Company in its annual ranking. The business also ranked 20th overall in an evaluation of thousands of companies worldwide in its Top...
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...
Leading Formula E team DS Virgin Racing has completed the move of its operational arm to new state-of-the-art facilities at Silverstone Park – in close proximity to the Silverstone Circuit, the home of British motor racing. The UK-based team, which has competed in the all-electric FIA...
Prime Minister, Theresa May, recently held a roundtable at 10 Downing Street with senior representatives of Japanese businesses that are significant investors in the UK. During the meeting, she discussed the role of the modern Industrial Strategy in making the UK an even more attractive destination...
International Trade Secretary, Liam Fox has announced Richard Burn as the new HM Trade Commissioner (HTMC) for China during his recent trade visit to the country. Richard is the first of nine HMTCs to represent and promote the UK in important markets across the world, leading...
A landmark agreement for a 50% boost in the number of flights allowed between the UK and China has been announced by UK Transport Secretary Chris Grayling. This builds on successful discussions in October 2016, when passenger flight limits were raised from 40 per week...