UK Tech Start-ups Decline, Tokamak Energy's US Grant, Bargate Homes Plans New Park

The Business Magazine Newscast

These are the top stories making the headlines across The Business Magazine website today:

Fewer new tech companies setting up in the UK

The number of new UK technology incorporations has declined by 11 percent in the second half of 2023 compared to the first quarter, marking the first significant drop since Q1 2022, following a period of sustained growth, according to RSM UK.

Full story here: https://thebusinessmagazine.co.uk/technology-innovation/fewer-new-tech-companies-setting-up-in-the-uk/

Oxford’s Tokamak Energy draws US funding for fusion breeder blankets

Oxford's Tokamak Energy has secured a US Department of Energy INFUSE award to expedite the development of oxidation-resistant vanadium alloys for fusion breeder blankets, collaborating with Oak Ridge National Laboratory and the University of Birmingham.

Full story here: https://thebusinessmagazine.co.uk/technology-innovation/oxfords-tokamak-energy-draws-us-funding-for-fusion-breeder-blankets/

Country park and 130 homes proposed for Hampshire site

Bargate Homes has submitted an outline planning application for a 19-hectare site in Overton, Hampshire, proposing a new country park and 130 homes, with 40% of the housing allocated for affordable units.

Full story here: https://thebusinessmagazine.co.uk/property/country-park-and-130-homes-proposed-for-hampshire-site/