UK Tech Growth Concerns
This is a UK news story, published by MSN, that relates primarily to Rachel Reeves news.
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UK companiesEvening Standard
•Technology
Technology
Can Labour’s big spin on AI and tech keep Silicon Roundabout turning?
76% Informative
Prime Minister unveiled country’s AI Opportunities Plan at UCL .
Chancellor Rachel Reeves said she has plans to create Europe ’s Silicon Valley ’ The industry remains concerned it won’t yet walk the walk.
Lack of support for businesses could signal the death knell for Silicon Roundabout , London 's major tech cluster.
For now, UK tech firms are keeping their powder dry until more clarity is provided.
They’ve heard, through successive governments, plenty of bold talk about making the UK a tech-forward economy.
“Top talent in AI is highly in demand globally, and you need to look at incentives for corporations as well as incentives for workers,” says Abhyankar .
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