£2bn funding positions UK as tech destination of choice | KPMG | UK
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£2 billion funding will position the UK as a tech destination of choice

£2bn funding positions UK as tech destination of choice

Tudor Aw comments on Prime Minister Theresa May announcement of £2bn investment into technology and science.


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Tudor Aw, head of technology sector at KPMG UK comments on Prime Minister Theresa May announcing plans to invest £2bn into technology and science ahead of the Autumn Statement. He said:

“Technology underpins the competiveness and development of almost every sector. It is a key battleground for most economies and the UK must ensure it is a leader in this field.  The £2 billion R&D fund for emerging tech, such as artificial intelligence and biotech, is therefore hugely encouraging and will make a real difference to the UK being seen as a tech destination of choice for scientists, entrepreneurs, investors and tech companies.” 


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