Author Archives: Richard Davis

Opinion: Innovation, Employment and the EU

Research, development and innovation are intrinsically linked to economic growth. In the UK we have a shocking history of underinvestment in science and research funding however this has been mitigated by the investment the EU has made into UK sciences, research institutions and innovative start ups. With the new EU funding programme Horizon 2020 coming into effect from next year there are high hopes for a new burst of innovation and the economic activity that brings with it.

The more innovation we have in the UK, the more people make things, the more our manufacturing sector increases and the more jobs …

Posted in Europe / International and Op-eds | Tagged , and | 3 Comments

Opinion: EU Invests €22 billion in Research and Innovation

The European Commission is set to invest large amounts into research and development to create well paid jobs and generate sustainable economic growth and boost Europe’s competitiveness across a range of key sectors which also aim to improve our quality of life.

Over the next 7 years a partnership between the European Commission, member states and industry will invest €22 billion in innovative medicines, aeronautics, bio-based industries, fuel cells and hydrogen and electronics. With the aim of generating high quality jobs across the EU covering these sectors through public-private partnerships called Joint Technology Initiatives (JTIs).

The EU has seen its main competitors …

Posted in News | Tagged , , and | 2 Comments

Opinion: Europe is good for business

On Monday a group of business leaders from across the country gathered to  launch a manifesto for Europe the main thrust of which said that Europe  was good for UK businesses. It was a great experience to be with a group of people who were all describing unique personal reasons related  to their own companies as to why Britain should remain in the EU.

It is often thought that it is just large businesses trading across  borders that do well out of EU membership. But at the launch event I  met with many small business leaders who have the EU somewhere …

Posted in Op-eds | Tagged and | 13 Comments

Opinion: Spend on innovation to drive economic growth

At a time when we are seeing some of the biggest government cuts in a generation it may seem to belittle the suffering people are facing to complain about the effect of the spending review on the science budget. As the government is trying to reduce our debt to income ratio, they have cut the deficit but we also need to create long-term sustainable economic growth. For this to happen investment in science and innovation is key. Our spending on research and development is vital to drive forward economic growth and reverse the current stagnation we see in our economy.

In …

Posted in Op-eds | Tagged and | 13 Comments

Opinion: UKIP vote against EU tackling tax evasion

UKIP frequently describe the EU as a large, expensive, bureaucratic nightmare, stating that we pay into the EU more than we get out. Yet at a time when the EU seeks to change that, by tackling tax evasion and avoidance, potentially saving member states in total 7 times the EU’s annual budget, UKIP vote en masse against it.

This week the EU Parliament voted to halve the €1 tn lost due to tax evasion and avoidance by 2020 by closing tax loopholes and tax havens. This is to be achieved by tightening some of the agreements between tax havens such as …

Posted in Europe / International and Op-eds | Tagged , and | 21 Comments

Opinion: An EU exit would be bad for Britain; it is our job to explain why

When Lord Lawson argued in The Times for a UK exit from the EU (reported in the Guardian; no pay wall! ), he said his arguments had nothing to do with being “anti-European”, but it appears they were nothing but. Filled with emotion and political zeal there was little relevance or fact based on economic evidence. Which is extremely disappointing from an ex-chancellor.

He stated that UK exports to the EU have risen by 40% while exports to the EU from countries outside of it have risen by 75%. If we were to leave the EU we would have to start paying …

Posted in Op-eds | Tagged and | 13 Comments

EU’s Youth Guarantee to end “social emergency” of youth unemployment

Recent economic announcements have been a true rollercoaster ride, with unemployment figures falling to one of the lowest levels, but then national output also falling. This disconnect between unemployment and GDP is still confusing economist, but the real worry is that youth unemployment is doing as expected, if not exceeding expectations. Youth unemployment in the UK now stands at just under 1 million, with over 1 in 5 young people now out of work. This has recently risen to the highest level since 2011.

Across the EU this picture does not improve with youth unemployment standing at 23.7% which equates …

Posted in News | Tagged and | 5 Comments
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Recent Comments

  • User AvatarDavid Raw 30th May - 3:21pm
    Cameron & Osborne are doing a pretty good job of trashing the economy, and the Tory Party is doing a pretty good job on trashing...
  • User AvatarSimon McGrath 30th May - 3:20pm
    You are doing great work Shas , but surely their should be some comment on the role of the French government in failing to provide...
  • User AvatarEddie Sammon 30th May - 2:57pm
    Very good article Lauren and I would add another word: hope. If people think Corbyn is going to trash the economy then not many are...
  • User Avatarmalc 30th May - 2:55pm
    Ever since the referendum was announced I've thought it was pretty much a certainty the "remain" side would win. However, they are coming out with...
  • User AvatarGlenn 30th May - 2:22pm
    Football signings in Britain are tied to TV rights not the EU. The logic is actually more like 1970s Italian film culture where a multi...
  • User AvatarStuart 30th May - 1:22pm
    @Suzanne "they were known as being asylum seekers because the door was a distinctive shade of red" All I'm asking is: what evidence do you...