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UK tech race at risk from ‘far too cautious’ government, warns watchdog

Britain risks falling behind in the global tech race unless the government takes greater risks backing British startups, the chairman of Parliament’s spending watchdog has warned. In a report published on Wednesday, the Public Accounts Committee (PAC) urged UK Research and Innovation (UKRI) to take more equity stakes in companies it funds, arguing taxpayers are [...]

UK tech race at risk from ‘far too cautious’ government, warns watchdog

We haven't written up this one. City AM has the full story — the link below goes straight to it.

Read the original at cityam.com →

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