The government has announced new funding and renewed commitment to growing the UK’s tech sector.
Revealing a new support package, the PM and Chancellor announced their intention to ensure Britain remains at the ‘forefront of global innovation’.
The duo have pledged a £21m investment to expand Tech City UK into a nationwide network – Tech Nation – to accelerate the growth of the digital tech sector across the country
Moreover, a new £20m fund has been announced to help public services take advantage of UK expertise in innovative technologies, such as Artificial Intelligence.
Furthermore, a £20m training programme is being set up to challenge thousands of young people aged between 14 and 18 to test their skills against simulated online cyber threats.
In addition, other measures include doubling the number of visas available to the brightest and best talent from around the world, including in digital technology.
Prime Minister Theresa May, who will co-host a tech roundtable and reception at Downing Street alongside the Chancellor ahead of The Budget, explained: "Our digital tech sector is one of the UK’s fastest-growing industries, and is supporting talent, boosting productivity, and creating hundreds of thousands of good, high-skilled jobs up and down the country.
"It is absolutely right that this dynamic sector, which makes such an immense contribution to our economic life and to our society, has the full backing of Government.
"Helping our world-class entrepreneurs and innovators to succeed is how we lay the foundations for our prosperity and build an economy fit for the future.
"Technology is at the heart of our modern Industrial Strategy, and we will continue to invest in the best new innovations and ideas, in the brightest and best talent, and in revolutionary digital infrastructure.
"And as we prepare to leave the European Union, I am clear that Britain will remain open for business. That means Government doing all it can to secure a strong future for our thriving tech sector and ensure people in all corners of our nation share in the benefits of its success.”