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Innovation

AI regulation: a pro-innovation approach – policy proposals ConsultationsConsultations Archive

AI regulation: a pro-innovation approach – policy proposals

The AI regulation white paper sets out the Government’s proposals for implementing a proportionate, future-proof and pro-innovation framework for regulating AI. In the consultation, we’re seeking feedback on the proposals, including: the revised cross-sectoral principles, including safety and transparency a statutory duty requiring regulators to have due regard to the cross-sectoral principles new central functions that focus on coherence across the…
Natalie Creaney
April 6, 2023
£100m R&D levelling up funding awarded to accelerate innovation HighlightsHighlights Archive

£100m R&D levelling up funding awarded to accelerate innovation

The Innovation Accelerators programme is investing £100 million in 26 projects to accelerate the growth of three high-potential innovation clusters. The £100 million Innovation Accelerators programme is accelerating the growth of three high-potential innovation clusters in Glasgow, Greater Manchester and the West Midlands. Innovation Accelerators are a pilot approach to supporting three city regions to become major, globally competitive centres…
Natalie Creaney
March 24, 2023
Chancellor recognises the life science industry as he outlines his plan for growth Membership NewsMembership News Archive

Chancellor recognises the life science industry as he outlines his plan for growth

The Chancellor, Jeremy Hunt, laid out his plans in a speech last week to inject growth into the ailing British economy. He stated his optimism for the economy’s future, noting that the Golden Triangle – London, Cambridge and Oxford – has the largest number of tech businesses in the world outside San Francisco and New York. Mr Hunt then acknowledged…
Natalie Creaney
February 3, 2023
MHRA to receive nearly £1m BEIS funding to unlock digital, data and scientific regulatory innovation HighlightsHighlights Archive

MHRA to receive nearly £1m BEIS funding to unlock digital, data and scientific regulatory innovation

MHRA will receive the near £1 million support to fund three projects that aim to improve how patients can access life-changing treatments in clinical trials, find a way to introduce complex AI safely into front line clinical settings and make the UK the place to launch advanced microbiome products that can support the development of personalised medicine. The first project…
Natalie Creaney
January 13, 2023
PM makes innovation the centrepiece of his speech to business leaders HighlightsHighlights Archive

PM makes innovation the centrepiece of his speech to business leaders

This week PM Rishi Sunak made a major speech to business leaders at the CBI following the previous week’s Autumn Statement, which outlined his strategy for business during his premiership. Mr Sunak put innovation at the heart of his speech, claiming that it was the solution to building a better country, and wants to ensure that it permeates every aspect…
Natalie Creaney
November 25, 2022
Government pledges nearly £1bn to boost innovation, growth and improve patient safety HighlightsHighlights Archive

Government pledges nearly £1bn to boost innovation, growth and improve patient safety

The Government have today announced an £800 million investment into research centres, to be allocated by the NIHR, and will bring together scientists to create an environment where experimental medicine, new diagnostics and patient safety research can thrive. This boost to the country’s research infrastructure will see further investment in scientific expertise which supports access to innovative technology and novel…
Ben Kemp
October 14, 2022