Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Business

UK appoints five new innovation experts to drive post-Brexit technology boom

by December 19, 2022
December 19, 2022
UK appoints five new innovation experts to drive post-Brexit technology boom

The UK government has appointed five, industry leading experts to make use of post-Brexit freedoms by driving innovation in cutting edge sectors that will be vital to Britain’s future growth.

The five new experts will work with the government’s chief scientific advisor, Sir Patrick Vallance, to review existing rules and develop a pro-innovation, regulatory approach.

The industry leaders aim to secure Britain’s position as a scientific powerhouse with a view to ensuring the 21st century’s Silicon Valley is based in the UK.

The new experts will seek to boost the UK’s growth in digital technology, green industries, life sciences, advanced manufacturing, and the creative industries.

The plan is to transform Britain into the best regulated country in the world, with a view to giving industry and investors the regulatory certainty to drive innovation in the UK.

The experts will work with Vallance to identify barriers to innovation that hinder emerging technologies from getting to market.

“Chancellor of the Exchequer Jeremy Hunt said: “I want British firms to lead the world in turning fantastic science into new products and services – and we need to make sure government is doing everything we can to encourage innovation and competition.”

The appointments will see the head of the recently-launched Advanced Research and Invention Agency (ARIA), Matt Clifford, work with the AI council’s Priya Lakhani to boost the UK’s digital industries.

Genomics England director Sir John Bell will also work Camilla Fleetcroft, a leading regulatory expert at medical technology company Eclevar UK to drive Britain’s life-sciences offerings.

Jane Toogood, a leading executive at chemicals manufacturer Johnson Matthey’s will work to boost green industries, in driving hydrogen and battery research & development.

“The countries that secure leadership in new technologies will lead the world, enjoying unparalleled growth, security and prosperity for decades to come – and it is our job to ensure the UK is able to fully reap the rewards,” Hunt said.

The appointments follow the unveiling of Hunt’s ‘Edinburgh Reforms’ which aim to overhaul “burdensome” EU rules governing the financial sector, including the Solvency II regulations tha5 control insurers.

Business secretary Grant Shapps said: “Backed by this fierce new team of advisers, Sir Patrick Vallance will lead the charge alongside industry to supercharge growth in some of the world’s most exciting growing technologies, turning the UK’s natural strengths into pillars for long-term growth,”

Read more:
UK appoints five new innovation experts to drive post-Brexit technology boom

0
FacebookTwitterGoogle +Pinterest
previous post
Business donors back Labour for first time
next post
UK Government helps IT company break into Africa with £900k UKEF support

You may also like

8 Major AI Trends In The Fintech Industry...

October 31, 2023

UK and India can ‘work through’ trade deal...

September 10, 2023

Fiscal drag to push 8.3 million more Britons...

April 22, 2025

Salaries in the UK Rise at Fastest Rate...

November 25, 2024

Chancellor warned of £8bn shortfall as electric cars...

February 26, 2025

15 years since the Prompt Payment Code was...

September 22, 2023

Sir Jim Ratcliffe’s Belstaff racks up £18m loss...

November 25, 2024

UK government pledges £500m to expand broadband and...

November 4, 2024

UK employees miss out on £1.3bn in expenses...

November 4, 2022

Remote working paradox: just 7% of CEOs work...

July 15, 2024

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Trump appears on White House roof amid talks of historic renovations

      August 5, 2025
    • Trump answers question on whether he’ll try to run again

      August 5, 2025
    • Justice Department weighs release of Ghislaine Maxwell interview

      August 5, 2025
    • Netherlands becomes first NATO ally to buy US weapons for Ukraine

      August 5, 2025
    • Encouraging a Weaker US Dollar is Bad Economic Policy

      August 5, 2025
    • Fox News gets inside look at Gaza humanitarian situation as Israel weighs next steps

      August 5, 2025

    Categories

    • Business (8,677)
    • Investing (2,173)
    • Politics (16,306)
    • Stocks (3,228)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved