May’s ‘global Britain’ gets boost as Qatar looks at £5bn investment

Qatari investors are unperturbed by Britain’s departure from EU and looking to build on significant investments

Theresa May’s ambitions to create a “global Britain” after Brexit have been boosted by Qatar’s announcement that it expects to invest £5bn in the UK over the next five years.

On Monday, two days before the planned triggering of article 50, Qatari investors at a London conference suggested they were unperturbed by the prospect of Britain’s departure from the EU and were looking for further opportunities to build on already significant investments in the UK that include the Olympic Village in east London, the Shard building, Harrods department store and a stake in Sainsbury’s.

Related: Brexit: everything you need to know about how the UK will leave the EU

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London’s social impact accelerator BGV plans seed fund

 London-based ‘social impact’ accelerator, Bethnal Green Ventures, which backs pre-seed startups with ideas for using tech to tackle social and/or environmental problems, has taken £1.3 million in funding from three social tech and innovation funders: Big Society Capital, Nominet Trust and Nesta. Read More

Startup megacampus Station F is going to open at the end of June

 I’ve been covering Station F for quite a few months already, but the startup campus based in Paris has yet to open. The team had to delay the launch after a pipe burst that inundated the basement. The opening date has now moved from April to the end of June, with startups moving in during the first week of July. The building is already looking quite nice as I was there last week.… Read More

Social media firms facing fresh political pressure after London terror attack

 Yesterday UK government ministers once again called for social media companies to do more to combat terrorism. “There should be no place for terrorists to hide,” said Home Secretary Amber Rudd, speaking on the BBC’s Andrew Marr program. Read More

UK banks asked to draw up plans to show they are prepared for Brexit

Bank of England says City institutions need to reassure regulators that they are ready for a range of possible outcomes

The Bank of England has asked UK banks, insurers and other financial institutions to draw up comprehensive plans for how they will deal with Britain’s exit from the European Union.

Two days before Theresa May’s government plans to trigger article 50 and begin two years of negotiation over the UK’s departure, the Bank said City institutions would have to provide copies of contingency plans to reassure regulators that they are ready for “a range of possible outcomes”.

Related: UK economy cooling after post-Brexit vote growth, surveys show

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Parts of UK that voted for Brexit may be hardest hit, study finds

Researchers say Wales and north-east are among areas most vulnerable to loss of funding, tariffs on exports and shortage of European workers

Several parts of Britain that voted to leave the European Union are among the most vulnerable to the economic impact of Brexit, according to new research published as the government prepares to trigger article 50.

Researchers at the thinktank Demos studied regional differences in the reliance on exports to the EU, use of European workers and receipt of support grants. It found that Wales, the north-east and east Midlands all showed relatively heavy dependence despite being home to a preponderance of leave voters.

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Tobias Stone talks about identity, cryptography, and the future of citizenship

 In this episode of Technotopia I walk to Tobias Stone, a writer, entrepreneur, and academic. Tobias has been writing on Trump and Brexit and worked with Identity.ee, a workgroup focused on cryptographically proven citizenship.
Stone believes that the Estonian model of e-idenity is the future and that the mission for every country should be to make their workers, citizen, and expats digital. Read More

Is it a bird? Is it a bug? No it’s a biomimetic microdrone with flapping wings

 UK biomimetic engineering startup Animal Dynamics is being funded by the military to build a microdrone with wings inspired by the flapping flight of a dragonfly. Read More