Financial services

Ahead of the Spending Review, the Government has demonstrated a commitment to longer term certainty and unveiled plans to support ten-year funding arrangements for certain R&D activities. New criteria and guidance are a critical step to instil confidence for industry and researchers and aligns with techUK’s call for greater ambition from the Government for R&D funding.

Yesterday, 13 May, saw seventeen of the largest pension providers pledge to unlock up to £50 billion for the UK economy, with commitments to increase investment in private British businesses.

Through this inquiry, MPs on the Women and Equalities Committee (WEC) are investigating the challenges women encounter in entrepreneurship, examining which sectors present the greatest barriers and why. techUK welcomes this initiative, recognising the urgent need for a comprehensive assessment of how to better support female-led enterprises.