Press release

Prime Minister and Chancellor technology roundtable at Downing Street

The Prime Minister and the Chancellor of the Exchequer hosted a roundtable with UK technology businesses at Downing Street.

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A Downing Street spokesperson said:

“The Prime Minister and Chancellor co-hosted a roundtable this afternoon with leading figures from the UK tech industry, ahead of a reception at Downing Street attended by entrepreneurs and innovators from across the country.

“The Prime Minister began by welcoming the huge contribution that the tech sector makes to the whole of the UK. She promised to listen to the industry’s views on what more Government can do to help it go from strength to strength.

“The Chancellor said Government would be ambitious as it works to make the most of the incredible potential of the tech sector, to break down the barriers facing entrepreneurs and to drive future growth.

“On Brexit, the Prime Minister said she had no doubt that the UK will remain a brilliant place to build a tech business after we have left the EU, and reiterated that she is determined to get the best deal for our country. There was agreement during the discussion on the need for Britain to take advantage of the opportunity of Brexit to be bold and ambitious in the action we’re taking to boost the tech sector.

“There was also consensus on the need to make sure we’re attracting the brightest and best talent to the UK. Eileen Burbidge, Chair of Tech City UK, welcomed the PM’s announcement of an increase in visas for tech talent as being exactly what the sector needs.

“There was a discussion on skills, and the need to ensure people of all ages and backgrounds have the digital skills to get ahead and take up the good, high-quality jobs on offer in the tech industry. And there was agreement on the importance of continued investment in infrastructure, including superfast broadband.

“Nick Sturge, CEO of Engine Shed, welcomed the new investment to expand Tech City UK into a nationwide network, which he said has the potential to raise the profile of regional tech hubs and entrepreneurs outside of London.

“Culture Secretary Karen Bradley closed the roundtable by reaffirming the Government’s ongoing commitment to supporting the sector and to maintaining this engagement through future meetings, to ensure the UK remains at the forefront of innovation and technology in the years ahead.”

Published 15 November 2017