How successful was Britain’s plan for its own Silicon Valley? | Torsten Bell

Policymakers might learn from London’s Silicon Roundabout experienceEvery city wants a cluster, a concentration of high-productivity firms and workers beavering away in a particular industry in a particular place. Proximity means ideas and productivity…

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Sweden’s Klarna becomes biggest fintech firm in Europe

‘Shop now, pay later’ payments operator valued at $5.5bn after fresh round of investor fundingKlarna, the Swedish payments company with a “shop now, pay later” model, has become the largest private fintech firm in Europe after a fresh round of investor…

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Chancellor pledges £200m for research into medical lasers and gene technology

Philip Hammond will use spring statement to support hi-tech industry in Cambridge, Edinburgh and OxfordshirePhilip Hammond will boost public spending on genetic research and laser technology by £200m in this week’s spring statement to support some of B…

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Nine jobs George: Osborne adds new role at venture capital firm

Ex-UK chancellor and austerity architect adds job as adviser to brother’s tech fund to portfolioGeorge Osborne has added a ninth job to his already bulging portfolio, joining his brother’s Silicon Valley venture capital fund.The former chancellor and c…

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