From Caxton's printing press, though Turing's computing machine, to Blockchain and Artificial Intelligence, technology is changing our daily lives in ways that would have been unimaginable even a generation ago.

For business, staying ahead means constant evolution, disruption and innovation and making decisions about which options to pursue and which to sidestep. The most recent Fintech industry data illustrates how some segments are growing, while  others have stabilised and some are in decline.

Investment choices are governed by many factors, although perceived business opportunity key one is often the biggest driver.  Unfortunately, that isn't always obvious - Alexander Graham Bell, inventor of the telephone, once prophesied that there could be a telephone in every town in America. But Bell's R&D ultimately proved to be a transformational business driver.

So, while the investment landscape relies on skilled staff, regulation and communication, the R&D element is also influenced by grants and tax relief.  So, the increased UK R&D funding announced in the Spring Budget is a welcome driver of R&D activity into the UK. The commitment to simplify the R&D tax system is also good news - the cash benefits make a real difference to an innovative business.