Evening Standard: Tech City boss: Britain can now follow London’s success
The new CEO of London’s Tech City, Gerard Grech, said that Britain can now cement its place as a global player in digital technology and entrepreneurial industries. Tech City has grown from 200 digital companies at launch in 2010, to 1,300 today. Grech will work on the “four Ps”; policy, partnerships, promotion and programmes, and will relay entrepreneurs’ concerns to government.
The Independent: New York replaces London as financial capital of the world
New York has over taken London as the world’s leading financial centre as the City’s reputation has been hurt by banking and market scandals, uncertainty over EU membership and the referendum on Scottish independence.
The Times: Osborne’s Budget gives the Tories new hope
Former Conservative Home editor, Tim Montgomerie, argues that while George Osborne may not have conquered Britain’s economic challenges he offers the best policies.
In contrast to Tim Montgomerie, University of Essex professor of government, Anthony King, argues that voters are more impressed by the squeeze on their real incomes than by Osborne’s triumphalist rhetoric. What makes matters worse, is the electoral system, which requires the Tories to be at least 11 points ahead in order to win a majority.
Large corporations are being forced into climbdowns by partly by social media and “clicktivism”. Twitter and Facebook are turbocharging critical messages as never before, making it harder than ever for companies to control the terms of public discourse. Companies are being dragged into a new world of “private politics”, which is led by activists, not government. This is forcing them into positions on issues that are only tangentially related to their businesses.