policy

How Labour Can Fix the UK’s Tech Industry

How Labour Can Fix the UK’s Tech Industry

One way for Labour to unlock capital is to leverage the power of pensions and allocate more of their funds to venture capital to fill the Series A funding gap, says Edward Prior, head of investor services at early-stage VC fund SFC Capital. “There’s more US pension fund money in UK startups than there is UK pension fund money,” he argues.“Yes, we need to be the best place to start a business, and we really are on a world-leading footing with that, but we also need to be the best to scale a business, because we are losing too much…
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Britain’s Brewing Battle Over Data Centers

Britain’s Brewing Battle Over Data Centers

As mayor of Newham, Rokhsana Fiaz has plenty of problems to reckon with. Her London borough is wrestling with entrenched poverty and the capital's highest rate of residents stuck in temporary housing. But midway through her second term, Fiaz has a new plan to turn things around. She believes that AI could provide a multimillion-pound boost to economic growth, and she’s campaigning for Newham to get a share. “We want to be able to seize the opportunities of the data economy,” she says, “and data centers are a core part of that.”Fiaz’s support for the server farms reflects the enthusiasm…
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Surprise! The Latest ‘Comprehensive’ US Privacy Bill Is Doomed

Surprise! The Latest ‘Comprehensive’ US Privacy Bill Is Doomed

Dozens of civil rights organizations had been urging Democrats (some of whom had puzzlingly signed off on those changes) to sink the bill, arguing that the changes were both “immensely significant and unacceptable.”The new text, engineered to appease conservative lobbyists representing the interests of big business, omitted, for instance, a key section referencing “civil rights.” The deleted section aimed to prevent businesses from trafficking in people’s data “in a manner that discriminates in or otherwise makes unavailable the equal enjoyment of goods or services on the basis of race, color, religion, national origin, sex, or disability.” For reasons that at…
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