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Budget 2015 sees tech powering the UK's long-term economic success

techUK responds to yesterday’s announcement from Chancellor George Osborne.

Responding to the Chancellor's Budget, Julian David, CEO of techUK, commented yesterday:

"Today's Budget announcement demonstrates that tech is essential for ensuring the UK's long-term economic success.

"The smart use of tech is fundamental for balancing the books, increasing productivity, creating new jobs and including and empowering people across the UK.

"By investing in infrastructure, innovation and entrepreneurship the government is driving growth, not just in tech, but across the whole UK economy.

"Combined with continued ambition for digital government, today's package strengthens the UK's position as a leading global digital economy.

Innovation

"The UK is well placed to be a global leader in the development of the Internet of Things and the announcement of the £40 million investment will help accelerate the development of new innovative solutions for health, social care and smart cities.

Infrastructure

"If the UK's communication infrastructure is to remain globally competitive for the long term, it is vital we have a bold vision for the future. Today's 'moonshot' announcement is exactly that and will focus the minds of industry, policy makers and regulators to think about how we can deliver ultrafast as widely as possible across the UK.

Digital government & public services

"Today's announcement has put further momentum behind the digitalisation of public services, both at a central and local level. This will be vital for meeting the Chancellor's targets for efficiency savings as well as building world-class public services around the needs of the citizen."

Read the full techUK policy briefing note on Budget 2015

Read techUK's response on the £40m Internet of Things announcement 

Read techUK's response on the Government Office for Science FinTech Review

Read techUK's response to the publication of the Digital Communications Infrastructure Strategy

 

Channel website: http://www.techuk.org/

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