Europe is facing an innovation crisis, with a lack of venture capital investment hindering the growth of new technologies and companies. Former ECB President Mario Draghi emphasized the need for more VC funding to support high-risk projects, as Europe lags behind the US in R&D spending. While the UK has a strong start-up scene and is the largest VC market in Europe, there are concerns about declining investment in early-stage firms and challenges in the capital markets. Recommendations include increasing funding for growth-focused venture funds and reducing regulatory burdens on asset managers and listed companies. Although the UK has made progress in supporting innovation through tax breaks and funding mechanisms, there are still challenges in attracting entrepreneurs due to low equity valuations. The UK struggles with low valuations for tech businesses, leading to takeovers and a lack of British tech firms in the FTSE 100. Industrial policy experts suggest emulating the French model of family-ownership to retain control as businesses scale up. Another proposal focuses on incentivizing business leaders to choose PLC entities over private equity-backed concerns for long-term value creation.
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Core Labs Posts Flat Revenue in Q2
Core Laboratories (NYSE:CLB), a provider of reservoir optimization and production enhancement services, reported Q2 2025 earnings on July 23, revealing GAAP revenue of $130.2 million, surpassing expectations of $129.1 million, while adjusted EPS of $0.19 met consensus. Although there were operational improvements in international markets, revenue remained largely unchanged year-over-year. Want More Context? 🔎
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