#1 out of 5144.11%
technology3h ago
Reeves vows to stop UK tech from 'drifting abroad'
Bbc.co.uk and 1 more
- UK aims to end the pattern of tech firms and scientists 'drifting abroad' by boosting domestic investment and talent retention.
- A £2.5bn package is directed at quantum computing and artificial intelligence to accelerate UK tech growth.
- Reeves links the investment to closer EU ties and stronger regional powers as levers for faster growth.
- Conservatives accuse Reeves of trying to row back Brexit while blaming others for economic woes.
- Industry voices emphasize UK remains a strong base for quantum computing, but capital flight remains a risk.
- Reeves pledges the fastest AI adoption in the G7, underpinned by public investment in British tech.
- The plan contemplates energy policy reorientation, including North Sea projects amid global tensions.
- Reeves signals potential alignment with EU rules where beneficial, hinting at a broader post-Brexit reset.
- The speech frames reintegrating the UK into European energy markets as a tool to curb energy prices.
- Labour critic Mel Stride cautions that Reeves’ EU proximity would advance Labour’s closer-EU plans.
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