Loïc

In this week's Folgate Signals, I take a look at the proposals for a wealth tax discussed last week, some interesting movements in the defense sector, and the new UK-FR bilateral industrial strategy. open.substack.com/pub/folgatesig…

European VC returns outpace US, but market momentum lies across the pond pitchbook.com/news/articles/…

It’s more security audits for the vibe coding platform than the apps themselves.

Sometimes I wonder what my life would be like if I had been raised religiously Jewish rather than just culturally.

Today was my last day at No 10 as the Prime Minister’s Adviser on AI. It’s been a privilege to serve over the last year and - I hope - to make a small contribution to putting the UK on the path to being an AI winner

I wish this wasn’t even a question. I wish London had the best listings regime in the world and that a business that was founded here, grown here, scaled here, decided to list here. But sadly, that’s not the world we currently live in.

The majority of CGT is paid by a small minority of people. 37.3% of all CGT came from just 2k ppl with gains over £5m That's 0.003% of the population paying for over a third of CGT earnings. With 16k millionaires expected to leave the UK, it’s no surprise receipts are down

If you’ve got an innovative solution to a Defence need, we have the funding. Defence Innovation Loans provide between £100,000 and £1 million for single small and medium-sized enterprises with solutions to Defence themed problems. Learn more and apply: ow.ly/tkbo50VKms8

I am thinking of organising a weekly writing cafe - for people who have ideas to write but struggle to find the time and don’t want to necessarily chose between writing and socialising. If this is of interest to you, please send me a DM.

Good day for U.K. defence

Forbes 30 under 30 has been doing this for years

Iron (Deficiency) Dome

We will all return to socialising in cafes and pubs

Hopefully a zoomer using @Fern_Labs is building an alternative

Richard Burgon’s wealth tax EDM has 31 signatures