June marked a milestone moment for UK tech. At London Tech Week, the prime minister delivered his first major address backing the sector, underscoring the government’s ambition for Britain to lead in the global innovation race.
Announcements followed thick and fast – from the long-awaited Industrial Strategy, to a national push on skills.
One year into forming a government, how has Labour fared in enabling a truly tech-led economy? Here’s a look at what’s been delivered – and what areas still need attention.
Emerging Tech
Grade: A – Laying the groundwork for long-term leadership
Quantum, semiconductors and AI are defining the next wave of global tech, and the UK has signalled it wants to be at the forefront.
The Industrial Strategy set out serious commitments: £670m into quantum computing, a 10-year funding package for the National Quantum Computing Centre, and the establishment of a National Semiconductor Centre with an initial £19m. Most notably, £1bn will go toward supporting deep tech startups and scaleups, alongside a new £500m Sovereign AI Fund to boost homegrown AI development….
