The Hottest Startups in London in 2024

In the "Startup-up, Scale-up" review report published last year, chancellor Rachel Reeves promised to make Britain the "high growth, start-up hub of the world". Now, almost six months into the new government, entrepreneurs remain encouraged by the promises made in the Labour manifesto. "The ambition embodied in Great British Energy and the 2030 decarbonization targets is precisely what we need and deserve," says Shilpika Gautam, CEO of greentech startup Opna, about Labour's energy policies. "It's high time the UK caught up with the policy and financing innovations in other countries, such as the Inflation Reduction Act in the US." Amit Gudka, founder of Field, agrees: "We welcome Labour's plans to double onshore wind, triple solar and quadruple offshore wind by 2030. These plans are ambitious, but not unrealistic, provided the Government continues to make clear policy decisions and create a stable policy and regulatory environment."