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<p>Treasury ministers regularly discuss the opportunities of new technologies with
Cabinet colleagues.</p><p> </p><p>To boost research into and development of new technologies,
we have increased support for in R&D to the highest level in 30 years (probably
ever) through raising investment and increasing the main rate of R&D tax credits.</p><p>
</p><p>At Budget, we committed over £75 million to support the development and deployment
of Artificial Intelligence in the UK, which has immense potential to increase productivity.</p>
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