Calls for the UK to cut red tape and put Britain at the centre of the cultivated meat revolution have been made by the influential Institute of Economic Affairs (IEA).
With cultivated meat start-ups having received substantial funding and the cost of production declining by 99% in the past decade, the Institute of Economic Affairs (IEA) argues that Brexit provides the opportunity for the UK to diverge from the EU’s approach and introduce a more welcome regulatory regime.
The report, ‘Bangers and Cash’, said it did not make sense for the UK to be importing £4.5 billion (about €5 million) of meat every year, hampering both the country’s economic potential and its food security.
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