Britain needs a smart state, not big government, to lead the Fourth Industrial Revolution In her first party conference speech as Prime Minister, Theresa May declared it was “time to remember the good that government can do”. Setting out a new approach to the role of the state, she rightly acknowledged that Whitehall doesn’t have all the answers but should instead be a proactive “force for good”. That’s certainly the right [...]
Shelve the EU’s anti-innovation precautionary principle to turbocharge the UK’s Fourth Industrial Revolution post-Brexit Thirty years ago, Big Bang launched a wave of technological change, transforming the City’s fortunes and securing its future. Facing down vested interests and naysayers, the Thatcher government understood that championing innovation would turbo-charge Britain’s economy – and seized the day. June’s EU referendum result was also a decisive turning point. Both Remainers and Leavers [...]
Britain must be boldly pro-enterprise to master the Fourth Industrial Revolution Business leaders and politicians gathered in Davos at this year’s World Economic Forum annual meeting were told a revolution had started. Not a bloody revolution, but an economic and strategic one, with its impact felt across every industry and every country. This unprecedented, disruptive fusion of digital, physical and biological technological developments has been dubbed [...]
