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1136093
registered interest false more like this
date less than 2019-07-02more like thismore than 2019-07-02
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Digital Technology more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text What fiscal steps he is taking to grow the digital economy. more like this
tabling member constituency Walsall North more like this
tabling member printed
Eddie Hughes remove filter
uin 911693 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2019-07-02more like thismore than 2019-07-02
answer text <p>The UK's digital economy is thriving - growing ten times as fast as the wider economy - and we are pursuing a range of measures to reinforce its world-leading position. These include:</p><ul><li>Implementing a 10-year action plan to unlock over £20 billion to finance growth in innovative firms;</li><li>Committing a further £7 billion for research and development since 2016, with major investments in artificial intelligence and quantum technologies; and</li><li>Providing internationally competitive research and development tax reliefs to support investment.</li></ul><p>We are also embracing the opportunities presented by Distributed Ledger Technologies, including by:</p><ul><li>Investing over £10 million through Innovate UK and the research councils; and</li><li>Creating the £20 million GovTech Catalyst Fund, to explore technology-based solutions for public sector challenges.</li></ul> more like this
answering member constituency Newark more like this
answering member printed Robert Jenrick more like this
question first answered
less than 2019-07-02T15:33:01.993Zmore like thismore than 2019-07-02T15:33:01.993Z
answering member
4320
label Biography information for Robert Jenrick more like this
tabling member
4635
label Biography information for Eddie Hughes more like this