Centre for British Progress @britishprogress.org · Apr 3 Today’s trillion-dollar ‘superstar’ firms were mostly founded in the US, not the EU or UK. Many of these emerged in the last fifty years and took on incumbents, driving technological progress. Meanwhile, the EU and UK have spent their energy regulating and blocking larger firms.
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Britain pioneered nuclear power: we built the world's first grid scale plant. Now, Hinkley Point C could be one of the most expensive ever built. British SMRs could power our next wave of growth, but outdated and overcautious regulators risk driving firms elsewhere.