Red tape to be slashed as MOD launches new team to back British small businesses
New team to transform how small businesses can bid for and win Defence contracts. 30 pathfinder SMEs across the UK initially selected for support and to represent different sectors and regions. Work is part of the government’s drive to spend £2.5 billion more with SMEs. Known as the Defence Office for Small Business Growth (OfSBG), […]
Business Secretary backs British scaleups with growth package and red tape review
British Business Bank makes largest ever direct investment into a private company – Octopus Energy spinoff Kraken Technologies – alongside £100m in fund investments for Life Sciences and Deep Tech Major – key Industrial Strategy sectors. New reviews will simplify health and safety and farming rules, reducing paperwork, cutting duplication and supporting innovation while keeping essential protections. Corporate reporting and competition rules will be modernised through […]
Red tape to be slashed for British robotics and defence innovators
Outdated red tape blocking robotics and defence innovation will be cut under new priorities for the Regulatory Innovation Office £52 million for new hubs to drive robotics adoption in British business – backing farming, healthcare and beyond Direct portal launched for businesses to report regulatory barriers holding back innovation and growth Red tape holding back […]
Government cuts red tape to revolutionise public services with cutting-edge tech
New funding will fast-track ground-breaking innovations such as drones delivering medicines in the Scottish islands to firefighters using AI to spot fire risks faster Slashing unnecessary red tape will help NHS patients, improve safety and speed up delivery of public services Regulatory Innovation Office will reduce the burden for innovative businesses such as drones and […]