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A research project led by academics at the Manchester Institute of Innovation Research will provide insight into how firms in the European energy sector can transform their business by embracing disruptive innovations

In reaction to the news that Theresa May has launched a new industrial strategy for the UK, Karel Williams, Professor of Accounting and Political Economy, commented: “This is a very traditional kind of industrial policy, focussed on high tech sectors of the future. It ignores most of British manufacturing which is much more mundane; the largest sector by employment is food manufacturing, for example.

UK-based startup ClickMechanic, an online based marketplace for car mechanics, has announced it has closed a $1m funding round. The oversubscribed round was led by leading early stage VC studio Forward Partners, along with 500 Startups, and a number of renowned angel investors, including Klaus Nyengaard (former CEO of JustEat and Chairman of Treatwell).