Tech is big business again in Britain. That has been the message from the Government in the past few weeks. First, the Prime Minister unveiled the country’s AI Opportunities Plan at UCL, promising a huge shift in how the state approaches technology. Most recently, the Chancellor said she has plans to create “Europe’s Silicon Valley” connecting Oxford and Cambridge – and sweeping up the towns in between.
The country’s start-up founders and big tech bods were watching on with interest – and more than a few raised eyebrows. While the Government talks the talk, the industry remains concerned it won’t yet walk the walk – and that the lack of support for businesses could signal the death knell for Silicon Roundabout, London’s major tech cluster centred around Old Street.
