Hints and tips:
...Jeremy Hunt will this week overhaul Britain’s “flagship industrial policy” after warnings that billions of pounds of R&D tax credits for small companies offer poor value for money and are open to fraud....
...Jeremy Hunt is offering extra help for companies investing in research and development in next week’s Budget to help compensate for his decision last autumn to scale back tax credits for the sector....
...Jeremy Hunt’s use of ChatGPT to help write the introduction to his pro-innovation speech on Friday felt both neat and unfortunate....
...For companies trying to plan long-term projects, this endless innovating when it comes to R&D policy can only be unhelpful. helen.thomas@ft.com@helentbiz...
...Three directors of companies from the engineering, consumer goods and tech sectors describe the challenges they face and give their verdicts on chancellor Jeremy Hunt’s Budget....
...Many in the tech sector also point out that the Treasury’s decision to scale back the R&D tax credit scheme will cause significant damage to the UK’s tech start-up ecosystem....
...Additional reporting by Daniel Thomas This article was amended after publication to reflect the cost to the Exchequer of R&D support from 2014 to 2021....
...Tech founders and business groups in November criticised chancellor Jeremy Hunt’s proposals to cut R&D tax credits at a time when the government is trying to talk up its ambitions to make the UK a science...
...Bosses warned that Jeremy Hunt’s raid across national insurance, value added tax, dividend tax, capital gains, corporation tax and R&D risked freezing investment as companies were forced to absorb extra...
...Tech founders and science chiefs have attacked plans by UK chancellor Jeremy Hunt to scale back R&D tax credits....
...Many are uneasy over government plans to scale back the R&D tax credit support that has been widely used by British start-ups, and warn that funding gaps exist when companies reach a certain size....
...She was disappointed there was nothing from chancellor Jeremy Hunt about what further help companies might get when that support comes to an end in March. “Where does that cost go?...
...helen.thomas@ft.com@helentbiz...
...Many of the proposals in the “mini” Budget have since been dropped or reversed by the new chancellor Jeremy Hunt....
...Sunak did not address this move but pointed to improved R&D tax advantages for larger companies....
...R&D tax scheme for small businesses....
...The UK is “great at the ‘R’ and not so good at the ‘D’,” she says. “It’s really making sure that we connect the D and that we have the right ecosystem.”...
...And Jeremy Hunt, the chancellor’s acknowledged it might be necessary as well. Now, this is, in a way, a sort of technical debate....
...to feature news of higher taxes for all and an overhaul of R&D tax credits....
...I think it’s unlikely because the average Conservative MP didn’t just have an ideological objection to Jeremy Corbyn....
...“That’s not enough to justify their R&D spending.” There are several reasons why revenues for antibiotic producers are relatively low....
...The International Maritime Research and Development Board (IMRB) is a $5bn programme, governed by the IMO, to co-ordinate and fund applied R&D to catalyse the introduction of zero-carbon fuels and technologies...
...DowEmeritus Professor of Economics, University of Stirling Carlos J Rodriguez-FuentesReader in Economics, University of La Laguna Jim JinUniversity of St Andrews Gabriele PastrelloUniversity of Trieste Thomas...
...Thomas Pugh: Not in 2023, but it is likely to have to raise taxes further ahead....
International Edition