"To have such a place on the streets of our capital providing the platform to give our world-class film-makers and storytellers the lift-off they need, and continue to ask the big questions of ourselves through cinema, is exciting and vital."
Mr Stults adds: "They're already expensive and the potential is that they will get more expensive."Also, trade wars cut both ways. He says the tariffs announced against Canada are having a devastating impact on US wine exports.
"Canada is the most important export market for California wines, and one of the top export markets for Napa Valley wines. Right now, there are zero Napa Valley wines on the shelves of stores in Canada."They've removed all American alcohol beverage products from their store shelves!"Mr Stults adds: "We just want to compete on an even playing field with our friends and neighbours all over the world. That's our ask and that's our hope."
"It was going great until it fell apart." Richard Varvill recalls the emotional shock that hits home when a high-tech venture goes off the rails.The former chief technology officer speaks ruefully about his long career trying to bring a revolutionary aerospace engine to fruition at UK firm Reaction Engines.
The origins of Reaction Engines go back to the Hotol project in the 1980s. This was a futuristic space plane that caught the public imagination with the prospect of a British aircraft flying beyond the atmosphere.
The secret sauce of Hotol was heat exchanger technology, an attempt to cool the super-heated 1,000C air that enters an engine at hypersonic speeds.The book has been criticised for favouring London and the south-east.
In a speech in Greater Manchester, the chancellor said that sticking to book's rules has meant "growth created in too few places, felt by too few people and wide gaps between regions, and between our cities and towns".Changing the rules will also mean more money for areas of the North and Midlands, including the so-called "Red Wall", where Labour MPs face an electoral challenge from Reform UK.
Reeves is not the first chancellor to review the Treasury's investment rules; former Prime Minister Rishi Sunak also reviewed the book as part of the Conservatives' Levelling up agenda.Sunak had also announced some of these same projects, including the development of a mass transit network in West Yorkshire, in his Network North plan, intended to compensate for the decision to scrap the HS2 line north of Birmingham.