|
Our biggest Event of the year. The BABCNE’s 37th Christmas Luncheon, in Grand British Tradition!
THE best Christmas Luncheon in town! This festive event has become a celebrated favorite with the business community in this area.
This flagship social event blends traditional festive cheer with fabulous food, drinks, and top-tier networking. Mark your calendar — this is one holiday celebration you won’t want to miss!
Secure your table now! Individual reservations are welcome.
| | |
The Great British Paradox: Innovation Without Income!
Mike Fisher, PhD, FRSC,Chief Commercial Officer at Oncimmune, an Alden Scientific Company, BABCNE, VP
The UK holds an enviable position as a world leader in fundamental research and breakthrough invention. From the foundational discoveries of DNA and penicillin to the invention of the World Wide Web, British universities and scientists consistently operate at the cutting edge. Yet, as this report from the House of Lords Science and Technology Committee highlights, this brilliance rarely translates into sustained, large-scale commercial success on the world stage.
As I see it, the Brits generally have 2 problems: we're risk averse and we undersell ourselves. Failure in the US is something to learn from, but is seen as career damaging in the UK. I've also seen numerous UK companies pitch for funding here in the US and thought 'they should have added another zero to that figure and had greater aspirations'.
This report does highlight that the UK is clearly a great place for companies to place early stage discovery, but until the UK can successfully bridge the cultural and financial gap between the lab bench and the boardroom, it will remain a brilliant factory of ideas, exporting genius and importing the resulting products.
| | |
Your BABCNE Membership Today
We connect. We inform. We support.
Now is the ideal time to renew your membership—or join for the first time—and take full advantage of what’s ahead in 2025. JOIN US!
Video courtesy of Hawke Commercial Filmmaking
| |
| |
New MIT Sloan research suggests that AI is more likely to complement, not replace, human workers
MIT Sloan Office of Communications
March 17, 2025
While much public discourse centers on concerns of advanced technologies substituting for and displacing human workers, new research from the MIT Sloan School of Management presents a different perspective — moving beyond simply identifying jobs at risk from AI and highlighting areas where human expertise will remain important and complementary to technological advancements.
The paper, “The EPOCH of AI: Human-Machine Complementarities at Work” offers a framework of human-intensive capabilities and a set of metrics to evaluate tasks across all occupations and better understand the effects of AI on the labor market.
Authors are Roberto Rigobon, the Society of Sloan Fellows, Professor of Management at MIT Sloan, and postdoctoral associate Isabella Loaiza.
Read the whole article here
| | |
MIT Sloan is a founding member of the BABCNE. To find out more about how MIT Sloan can assist your company in embracing the latest technologies, contact Peter Hirst, PhD, M.B.E., Senior Associate Dean, BABCNE Director & Past President.
| | |
Did you know....
The British American Network (BABN), engages with the US and UK governments on a broad range of policy issues impacting the flow of goods and services between the UK and North America. The New York/London chapter, named British American Business (BAB), represents all the chapters on policy matters, the latest update of which is below.
For more details visit: https://babn.org/about-us/ The BABCNE is a founding member of this network of 20 chapters.
| | |
During the month of October, in the UK, the government hosted its first Regional Investment Summit, showcasing billions in regional growth commitments. International Trade Week also took place in the UK.
Furthermore, Party conferences offered insight into the evolving political landscape, with discussions centering around the upcoming November budget. On the policy side, the British American Finance Alliance released a new paper urging deeper regulatory cooperation across the Atlantic.
In the US, the Supreme Court heard oral arguments in a landmark case on presidential tariff powers, with potential implications for trade enforcement and executive authority.
Read more here - November 2025
| | |
The UK has launched a one-stop shop to cut red tape and remove barriers for global firms investing in UK financial services, reinforcing the UK as the ideal place to do business 🤝
The free service, delivered by the Office for Investment, is a partnership between HM Treasury, financial regulators and the City of London Corporation, and will provide tailored support for global investors, including:
🏙️ picking locations
✅ understanding regulations
📊 navigating the UK’s business environment
| | |
UK Chancellor Rt Hon Rachel Reeves announced the fully operational Office for Investment: Financial Services during the IMFMeetings in Washington DC in October. This comes at a pivotal moment as the UK and North America continue to deepen financial services ties, especially following the UK-US State Visit. Read more 🔗 Here
| | |
Technology Prosperity Deal Signed
September 18, 2025
Overview: During the State visit, the US and UK signed the Technology Prosperity Deal (TPD), a landmark agreement to deepen cooperation across AI, civil nuclear energy, and quantum computing.
Key announcements:
-
AI: The TPD strengthens collaboration between the US Center for AI Standards and Innovation (CAISI) and the UK AI Safety Institute (AISI). It establishes a flagship AI for Science programme focused on biotechnology and precision medicine, with joint work on data sets, disease research and personalised medicine.
- Civil nuclear energy: The deal aligns the US Nuclear Regulatory Commission and the UK Office for Nuclear Regulation on the streamlining of licensing processes. It targets reactor design reviews within two years and site licensing within one year. The UK also committed to achieving full independence from Russian nuclear fuel by 2028, ensuring a secure transatlantic supply chain. The agreement includes enhanced cooperation on fusion energy R&D, supported by AI.
- Quantum computing: A joint benchmarking taskforce will be established to develop interoperable standards across quantum hardware, software, and algorithms. The partnership aims to accelerate breakthroughs in defence, finance, and energy, as well as build a secure quantum supply chain.
| | |
The TPD marks a significant step forward in US-UK tech and energy cooperation. The focus now shifts to supporting its implementation and ensuring the transatlantic corridor remains a global leader in emerging technologies.
Press release
| | |
Champions of Trade is an initiative developed with the goal to tell the many stories that underpin the special US/UK relationship beyond the numbers.
Produced by BritishAmerican Business (the London/New York chapter of the BAB network), in partnership with the U.S. Embassy in London and linked to the wider efforts made by governments and the business community, Champions of Trade introduces us to the companies and people who represent the success of the transatlantic economic relationship.
Read more here
| |
|
Foreign travel advice
Get advice and warnings about travel abroad, including entry requirements, safety and security, health risks and legal differences. Details
| | |
Travel to the UK - Electronic Travel Authorisation (ETA)
The UK Home Office have provided an updated on the UK's ETA process for non-UK nationals travelling to the UK.
Want to know more? For more information, see here.
| |  | |
Travel from the UK to the US
You should comply with all entry, visa and other conditions of entry. If you’re not sure how these requirements apply to you, contact the US Embassy or a Consulate in the UK.
More details can be found on this link
| | | | | |
BABCNE SOCIAL MEDIA
We invite you to follow us, post on our pages and build your network among our community.
LinkedIn | Facebook
| |
BABCNE Mission: To foster business development and networking opportunities between the United Kingdom and New England.
| | | | |
