A group of people gather round a big screen whilst working on a digital project

Innovation given government boosting at London Tech Week

This morning, the government have announced that £743.5 million will be invested in innovative technology, to go towards the consolidation of the UK’s place as a global science superpower.

With only one day left of London Tech Week, the funding will support developments in technology in everything from autonomous vehicles to airborne laboratories as the government place growing emphasis on investment in innovation and technology, the creation of skilled jobs and economic growth.

In 2021, the Innovation Strategy was published, making it clear that the government will “put innovation at the centre of everything it does.” These funds and the Innovation Strategy will lay the foundations for the future of Britain by shoring up the nation’s competitiveness globally.

Kwasi Kwarteng, Business Secretary, said:

“The incredible work of the Vaccine Taskforce, housed at my department through the pandemic, demonstrated that this country is home to some of the best scientists and innovators in the world.

I’m immensely proud of the work we have done to support ground-breaking research so far, having confirmed £40 billion in funding for R&D over the next three years and placing it at the very top of our agenda. London Tech Week itself is testament to that.

And today, we’re announcing over £743 million in investment – including in the latest quantum technologies, to ensure Britain has pole position in the global marketplace in a host of new areas.”

As part of the funding, a handful of investments into new technologies were announced. These include £481 million invested int the UKRI Infrastructure Fund, £118 million into the UKRI Accelerating Impact programme and £6 million across 16 projects as part of the UKRI’s ISSCF Commercialising Quantum Technologies Challenges.

Developing an integrated, sustainable transport network for Nottingham

PSE June/July 22

Developing an integrated, sustainable transport network for Nottingham

Our June/July edition of PSE we bring you expert comment and analysis on a range of public sector topics, from digital transformation to health and social care and the workforce. Learn about how important ethics are in public service, or how Brighton and Hove City Council are focusing on travel and transport as we head towards a net zero world as well as so much more…


View all videos
PSE365: Public Sector Decarbonisation Virtual Event

Be A Part Of It!

PSE365: Public Sector Decarbonisation Virtual Event | 17 March 2022

PSE has created a full calendar of events to address the most important issues that influence the delivery of public sector services. 

Over 365 days you’ll have the opportunity to hear from a range of highly motivating, informative and inspirational speakers. These speakers will equip you with knowledge and unique insight to enable you to overcome the challenges that you face.

Upcoming Webinar

Net Zero Government Webinar

According to the UN's Global Waste Monitor 2020, global electronic waste (e-waste) is being called the world's fastest growing domestic waste stream. With 1.6 million tonnes of e-waste produced in the UK in 2019, the UK is on track to becoming the biggest e-waste producer in Europe per capita.

With the public sector under increasing pressure to reach net zero by 2050 and data security threats on the rise, what can leaders do to minise the risks to citizen and organisational data while becoming more sustainable?

Register now and join us on 12 May at 2pm - 2:45pm to find out how the sector can take positive steps to reach net zero targets through sustainable data sanitisation.

More articles...

View all