Tag: Britain

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Willetts science plan a Pipe Dream?

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Universities and Science Minister, David Willetts announced on Friday an ambition to make Britain the best place in the world to do science. In a speech at Policy Exchange, Universities and Science Minister David Willetts argued that Britain’s  our universities, science facilities and researchers – are the best single hope for making our way in the high-tech world of the future, creating jobs and opportunities and boosting high-tech economic growth. He said that  “If properly nurtured they can ensure that Britain will be up there as a leading location for research in the physical and life sciences. Britain can be … Continue reading Willetts science plan a Pipe Dream?

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HM Treasury announce Banking Reforms

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The Government is today publishing its response to the report by the Independent Commission on Banking (ICB), which sets out plans to fundamentally reform the structure of banking in the UK. This response agrees with the ICB’s recommendations and outlines how the Government will legislate to create a stable banking sector that supports lending to businesses and families, and removes the implicit taxpayer guarantee in the event of a bank failure. The Government will implement the ICB’s advice in stages with the full package of reforms completed by 2019. All necessary legislation will therefore be put in place by the … Continue reading HM Treasury announce Banking Reforms