Crimson Tide Plc – Government should remedy lack of investment in UK Tech

Crimson Tide Plc

The Centre for Social Justice an independent think-tank which studies the root causes of Britain’s social problems and provides practical solutions yesterday published an article entitled ‘The Great British Break Through’ which aims to counter the claim that productivity stagnation began in 2008. It argues that it has in fact been going on for nearly 20 years and hurts most those people at the bottom of the income scale. It goes on to recommend 51 different actions that if enacted promptly would help to boost British productivity growth.

Since the report highlights that lack of investment in technology and innovation is one of the main contributory factors DirectorsTalk caught up with Barrie Whipp, Chairman at Crimson Tide plc (LON:TIDE) for his thoughts on the article.

“I read with interest what I thought was titled “The Great British Break” but is actually “The Great British Breakthrough” from the Centre for Social Justice here. The British summer break seems to be over at last and I hope that government and the NHS might look at why so little “tech” is implemented tactically, rather than as big strategic projects. Mobile applications, IOT and automated communications can save so much time but are often hampered by data security and implementation concerns. Most people have a welter of information on themselves on social media – are they really concerned if the same data is used to save the time of healthcare professionals, who could be much more productive without paperwork and red tape?” – Barrie Whipp, Chairman Crimson Tide Plc

You can read the full article here: http://www.centreforsocialjustice.org.uk/library/great-british-break

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