In early 2023, UK startup Britishvolt, filed for administration after struggling to raise funds for a major electric vehicle (EV) battery factory in northern England. The episode is classed as another damning blow to the UK’s hopes of building a home-grown battery industry, with the country falling further behind in the global race to build batteries. Here, Roger Brereton, Head of Sales at steering parts manufacturer Pailton Engineering, explores the reasons why startups often struggle to bring vehicles to market.
Look the word ‘impact’ up in a dictionary and you’ll find two definitions – the first about one object coming into forcible contact with another. The second about the creation of a ‘marked or visible effect’. While that might sound fairly general, in the investment world ‘impact’ has come to mean something more specific.
From supply chain disruption to rising levels of inflation, today’s businesses are having to navigate an increasingly challenging economic environment. On top of this, consumer expectations are also changing, meaning corporates must find ways of driving growth and staying competitive on smaller budgets.
Zoom has announced the introduction of Notes, a new workspace to create and collaborate before, during, and after meetings. Notes allows users to create and share content within a Zoom Meeting and collaborate with others on the call for real-time inputs—eliminating the distraction of jumping between Zoom and third-party documents and tools.
In Octopus Ventures’ latest report, the University of Dundee has been named as the top university for spin-out success. This ranking was determined by factors such as patents, spinouts created and recent portfolio success, which for Dundee, included the £2.2 billion IPO of Exscientia on the US NASDAQ, one of the largest ever UK university exits.
New research from Xero, the global small business platform, has revealed that UK small business owners are concerned that AI development is outpacing regulation and a third (32%) want more training and resources to support AI adoption, as generative AI tools permeate various industries and the workforce.













