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PM celebrates UK tech industry at London Tech Week

PM celebrates UK tech industry at London Tech Week

Tech companies across the globe have backed the UK with investment of more than £1.2 billion, the Prime Minister will announce today (Monday 10 June).

Speaking at London Tech Week, the Prime Minister will make a number of ambitious commitments that will ensure the UK remains the largest tech hub in Europe.

These include:

  • £153 million government funding, with an additional £205 million pledged by industry, to unlock the potential of quantum technologies, including accelerated drug development from quantum computing
  • 2,500 places available for the first time for AI and data conversion courses starting next year, to equip tech-driven businesses and people across the country with the skills they need. This includes 1,000 government-funded scholarships to open up opportunities for people from all backgrounds
  • Launching a study into tech competitiveness to identify opportunities and support for digital businesses to ensure the UK remains the most attractive place to build a tech business. This will be led by industry: Cindy Rose from Microsoft UK, Suzanne Ashman from LocalGlobe, Stephen Coleman from CodeBase, and Avid Larizadeh Duggan from Kobalt

 

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