Investment in Britain's tech sector jumped 44per cent in 2019 - report

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 66%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Investment in Britain's tech sector surged 44per cent to a record US$13.2 billion pounds in 2019, accounting for a third of all European funding ...

LONDON: Investment in Britain's tech sector surged 44per cent to a record US$13.2 billion pounds in 2019, accounting for a third of all European funding and exceeding the total in France and Germany combined, the UK government's Digital Economy Council said on Wednesday.

He said that while the country was in a good position, it could not afford to be complacent and had to ensure that government policy supported the sector. Britain was striking the right balance between regulating the fast-growing tech sector, for example in developing polices to make the internet as safe as it could be, Warman said, while also remaining pro-investment.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in CA

Canada Canada Latest News, Canada Canada Headlines