{
Peter Kyle

People

}
higher taxes raise concerns for uk tech sector growth and investment
British tech leaders express concern over the government's tax hikes, including an increase in capital gains tax and National Insurance contributions, fearing it could hinder the growth of the tech sector and the emergence of future giants like Nvidia. While the government aims to raise significant revenue, executives warn that these changes may lead to higher inflation, reduced hiring, and increased costs for businesses, particularly startups reliant on investor capital. Calls for government support to foster a sustainable entrepreneurial environment are growing amidst these fiscal challenges.
CNBC
British Pound Sterling Sage 24 Ltd. ARM 92 Ltd. Thought Machine Ltd. GBR NOR SAU Anne Glover Rachel Reeves Paul Taylor Haakon Overli Peter Kyle Show more
Finance & Economy, Market Report
09:53 01.11.2024
UK government revives data protection reforms amid concerns over privacy and rights
The U.K. government has revived the Data (Use and Access) Bill, aiming to streamline data sharing across sectors like healthcare and law enforcement, potentially boosting the economy by £10 billion. However, concerns arise over reduced privacy protections, particularly regarding automated decision-making and privacy notices, which could undermine individual rights. Critics warn that the bill may allow significant data rights erosion and grant excessive powers to organizations in handling personal information.
TechCrunch
British Pound Sterling Linklatersca Ltd. Ropes & Gray LLP Mishcon de Reya Ltd. GBR Jon Baines Edward Machin Peter Kyle Mariano delli Santi Richard Cumbley Show more
Regulatory & Legal, News Article
15:53 24.10.2024
new bill aims to streamline services enhance data sharing and boost economy
A new Bill introduced in Parliament aims to harness data to boost the UK economy by £10 billion and improve public services. Key measures include reducing bureaucracy for police and NHS staff, enabling electronic registration of births and deaths, and enhancing online identity verification, all while ensuring robust data protection. The legislation is expected to free up millions of hours for frontline workers, ultimately making daily tasks easier for citizens.
GOV.UK
British Pound Sterling Apple Inc. GBR Donald Trump Peter Kyle
Regulatory & Legal, Press Release
01:01 24.10.2024
new regulatory office aims to accelerate access to medical technologies
The UK has launched a new Regulatory Innovation Office (RIO) aimed at accelerating public access to emerging technologies, including AI and bioengineering, by streamlining outdated regulations. Science Secretary Peter Kyle emphasized the initiative's potential to enhance healthcare and stimulate economic growth, while also addressing regulatory barriers across sectors like space and autonomous technology. The success of this initiative will depend on effective coordination among various government efforts to harness technological advancements for the benefit of the economy and public health.
Med-Tech Innovation
British Pound Sterling Whitehouse Communications Ltd. GBR Peter Kyle Wes Streeting
Technology & Innovation, Press Release
10:50 15.10.2024
new medtech accelerator launched to support uk small businesses in regulatory challenges
A £4.2 million MedTech accelerator program has launched to support up to 140 UK SMEs in overcoming regulatory challenges related to medical devices and diagnostics. Funded by the UK government and delivered by CPI in partnership with the Office for Life Sciences, the initiative offers grants of up to £30,000 for external regulatory guidance. Applications opened on 9 October 2024, with decisions expected by 29 November 2024, aiming to expedite the introduction of life-saving technologies to the market.
digitalhealth.net
British Pound Sterling CPI Books Ltd. GBR Peter Kyle Rahul Kapoor Roz Campion Wes Streeting Show more
Healthcare, Press Release
12:01 14.10.2024
lilly partners with uk government to boost life sciences and tackle obesity
The UK’s life sciences sector is set to receive a £279 million investment from Eli Lilly, the world’s largest pharmaceutical company, to address health challenges, particularly obesity. This collaboration will establish the first ‘Lilly Gateway Labs’ in Europe, supporting early-stage businesses with lab space and mentorship. The initiative aims to enhance health outcomes and economic growth while tackling obesity, which costs the NHS over £11 billion annually.
GOV.UK
British Pound Sterling Eli Lilly and Company GBR Andy Burnham Peter Kyle Wes Streeting David A Ricks Amanda Pritchard Show more
Healthcare, Press Release
01:00 14.10.2024
new regulatory office launched to accelerate innovation and reduce red tape
The UK has launched the Regulatory Innovation Office (RIO) to expedite the approval of emerging technologies, including AI in healthcare and delivery drones, by reducing regulatory red tape. This initiative aims to foster economic growth and enhance public services, aligning with the government's commitment to innovation. The RIO will initially focus on engineering biology, space, AI in healthcare, and connected technologies, collaborating with various government departments to streamline regulations and support businesses.
GOV.UK
Royal Mail Ltd. Bioindustry Association GBR Steve Bates OBE Neil Ross Peter Kyle Show more
Technology & Innovation, Press Release
09:00 08.10.2024
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