UK’s Budget announced a range of measures aimed at boosting science, innovation and technology. Key actions include a £7 billion investment through UKRI to support firms in priority industrial strategy sectors, expansion of the BridgeAI programme to help businesses adopt AI, and a £10 million fund for the semiconductor industry in South Wales. The release also announced a new Entrepreneurship Prospectus, new AI champions to drive adoption, and a £130 million Growth Catalyst scheme. The government will maintain generous R&D tax reliefs and introduce a targeted advance assurance service for small and medium‑sized enterprises. These measures are designed to help companies start, scale and stay in the UK.
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https://www.gov.uk/government/news/budget-backs-technology-firms-to-start-up-scale-up-and-stay-in-britain-to-drive-growth-and-national-renewal
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