Autumn Budget 2017: UK needs to attract inward investment for tech businesses
AB17: UK needs inward investment for tech businesses
Bernard Brown, Vice Chair at KPMG UK comments on the Budget announcement.
Commenting on the Budget announcement, Bernard Brown, Vice Chair at KPMG UK, highlights that more needs to be done to attract inward investment for the UK digital and tech sector to prosper. He said:
“The announcements made by the Chancellor today only scratch the surface of what we as a nation can offer digital and tech businesses to set up shop here in the UK. With the UK preparing to leave the European Union, we desperately need to attract inward investment, from digital and tech businesses of all sizes, by introducing tax incentives and increasing investments in our tech clusters. By doing this we’ll be supporting talent, boosting productivity, and creating hundreds of thousands of good, high-skilled jobs up and down the country.
“If we are going to stay in the race for being front runners in cyber security, AI, automation, driverless vehicles and other new technologies, we really need to offer more to entrepreneurs and innovators to succeed.”
For further information please contact:
Nahidur Rahman, KPMG corporate communications
T : +44 (0) 20 7694 8812
M : +44 (0)73 9376 0775
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