The UK is experiencing unprecedented challenges – whether it be austerity, lack of productivity or availability of skills and talent. The nation is still recovering from the impact of the pandemic, while the public sector is also coping with staff shortages and industrial action, applying considerable pressure on our health and social care services.
These conditions have stretched the NHS. But this presents the perfect opportunity to take action – action I believe requires the innovation and expertise we’ve seen growing and developing across our tech and startup ecosystem.
The UK has built a formidable startup economy over the past decade, with figures published by the government’s Digital Economy and Dealroom showing an incredible £11.3bn was invested into UK tech companies in 2020 in comparison with the £1.2bn invested in 2010.
The newly-released Start-up, scale-up report from the Labour Party underscores the power of the UK startup economy – shadow chancellor Rachel Reeves declared: “Innovation is a great British strength” – and shares a set of…
