When Keir Starmer wanted to promise Donald Trump that the UK would increase defence spending, he decided to fund it by slashing the UK’s aid budget – losing a cabinet minister, Anneliese Dodds, in the process. This time around, with John Healey’s Ministry of Defence (MoD) demanding an additional £18.5bn over four years to fund
DeepTech is new buzz of global innovation, as countries are trying increasingly to seek control over critical tech amid intensifying competition in advanced tech as semiconductors, artificial intelligence and new age defence tech. India too has accepted this urgency through its policy direction in Budget 2026, reinforcing its intent to strengthen strategic technology capabilities and
The fund is supported by five universities, including Newcastle and Northumbria A new £22.5 million investment fund has launched on Thursday 11th June to help turn research from five universities in the North East into growing businesses. The North East Spinout Inspire Fund will support companies created to commercialise research and innovation from Durham, Newcastle,
A regeneration boss is proposing a new wealth fund to help channel the proceeds of major developments into communities across the Tees Valley. Tees Valley mayor Ben Houchen has outlined proposals to investigate the creation of a regional Wealth Fund, which could help manage and distribute rising tax revenues generated by large-scale investments across Teesside,
Key Takeaways Mutual fund growth can hinder performance if funds become too large to maintain their original investment strategies. Index and bond funds typically benefit from larger sizes due to lower expense ratios, but small-cap growth funds may struggle. Large mutual funds can become “closet index funds,” mimicking index funds while charging higher fees. Small
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When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard. Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences. At the 8th Future Investment Initiative
A new £22.5m fund for “cutting-edge” start-ups has been launched by a mayor and a region’s universities. North East Mayor Kim McGuinness and Durham, Newcastle, Northumbria, Sunderland and Teesside universities have launched the fund to support early-stage local businesses spun out from research projects. McGuinness said: “Our five universities have joined with us in a
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