Theresa May praises UK sector as she opens London Tech Week

&Tab;&Tab;<div class&equals;"wpcnt">&NewLine;&Tab;&Tab;&Tab;<div class&equals;"wpa">&NewLine;&Tab;&Tab;&Tab;&Tab;<span class&equals;"wpa-about">Advertisements<&sol;span>&NewLine;&Tab;&Tab;&Tab;&Tab;<div class&equals;"u top&lowbar;amp">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;<amp-ad width&equals;"300" height&equals;"265"&NewLine;&Tab;&Tab; type&equals;"pubmine"&NewLine;&Tab;&Tab; data-siteid&equals;"111265417"&NewLine;&Tab;&Tab; data-section&equals;"2">&NewLine;&Tab;&Tab;<&sol;amp-ad>&NewLine;&Tab;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;<&sol;div><p>British Prime Minister Theresa May has urged the tech industry to work with the British Government to ensure Britain remains &OpenCurlyDoubleQuote;one of the best places in the world to start and grow a tech business”&period;<&sol;p>&NewLine;<p>Mrs May used a speech at the opening of London Tech Week to announce Government investment of more than £150 million in new technology such as quantum computing&period;<&sol;p>&NewLine;<p><&excl;--Ads3--><&sol;p>&NewLine;<p>The technology is built around high-powered processors that are capable of carrying out tasks beyond the current generation supercomputers&comma; such as modelling complicated chemical reactions to predict their results&period;<&sol;p>&NewLine;<blockquote class&equals;"twitter-tweet" data-width&equals;"550" data-dnt&equals;"true">&NewLine;<p lang&equals;"en" dir&equals;"ltr">Remarkable speech from the UK prime minister <a href&equals;"https&colon;&sol;&sol;twitter&period;com&sol;theresa&lowbar;may&quest;ref&lowbar;src&equals;twsrc&percnt;5Etfw">&commat;theresa&lowbar;may<&sol;a> at the opening ceremony of <a href&equals;"https&colon;&sol;&sol;twitter&period;com&sol;LDNTechWeek&quest;ref&lowbar;src&equals;twsrc&percnt;5Etfw">&commat;LDNTechWeek<&sol;a> on the need to continue to strengthen the UK’s tech knowledge to ensure we remain on the front foot&period; <a href&equals;"https&colon;&sol;&sol;twitter&period;com&sol;hashtag&sol;LTW&quest;src&equals;hash&amp&semi;ref&lowbar;src&equals;twsrc&percnt;5Etfw">&num;LTW<&sol;a> <a href&equals;"https&colon;&sol;&sol;twitter&period;com&sol;hashtag&sol;HereEast&quest;src&equals;hash&amp&semi;ref&lowbar;src&equals;twsrc&percnt;5Etfw">&num;HereEast<&sol;a> <a href&equals;"https&colon;&sol;&sol;t&period;co&sol;UD2u7POIIN">pic&period;twitter&period;com&sol;UD2u7POIIN<&sol;a><&sol;p>&NewLine;<p>&mdash&semi; Here East &lpar;&commat;HereEast&rpar; <a href&equals;"https&colon;&sol;&sol;twitter&period;com&sol;HereEast&sol;status&sol;1138038668994711553&quest;ref&lowbar;src&equals;twsrc&percnt;5Etfw">June 10&comma; 2019<&sol;a><&sol;p><&sol;blockquote>&NewLine;<p><script async src&equals;"https&colon;&sol;&sol;platform&period;twitter&period;com&sol;widgets&period;js" charset&equals;"utf-8"><&sol;script><&sol;p>&NewLine;<p>The Prime Minister also announced the launch of a Tech Competitiveness Study&comma; which will include input from tech giants such as Microsoft on how to build a competitive business environment in the UK&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;This is about backing Britain for the long term&comma;” Mrs May said&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;With Government playing an active role – working to provide the eco-system in which innovation can flourish&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;There is no part of that vision for our future success that does not involve the people in this room&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;Because&comma; even now&comma; it seems an anomaly to talk about a &OpenCurlyQuote;tech’ sector&comma; as something separate from the rest of the economy&period; Digital technology – like earlier revolutions such as the printed word&comma; or electricity – is rapidly becoming integral to everything else we do&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;And I am incredibly proud that the UK is at the heart of that revolution&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;Already we are one of the best places in the world to start and grow a tech business&period;<&sol;p>&NewLine;<blockquote class&equals;"twitter-tweet" data-width&equals;"550" data-dnt&equals;"true">&NewLine;<p lang&equals;"en" dir&equals;"ltr">This <a href&equals;"https&colon;&sol;&sol;twitter&period;com&sol;hashtag&sol;LTW&quest;src&equals;hash&amp&semi;ref&lowbar;src&equals;twsrc&percnt;5Etfw">&num;LTW<&sol;a> we&&num;39&semi;re celebrating not just the tech scene here in London but across the UK&period; In this article&comma; <a href&equals;"https&colon;&sol;&sol;twitter&period;com&sol;McrDig&quest;ref&lowbar;src&equals;twsrc&percnt;5Etfw">&commat;McrDig<&sol;a> explain why more and more <a href&equals;"https&colon;&sol;&sol;twitter&period;com&sol;hashtag&sol;digital&quest;src&equals;hash&amp&semi;ref&lowbar;src&equals;twsrc&percnt;5Etfw">&num;digital<&sol;a> and <a href&equals;"https&colon;&sol;&sol;twitter&period;com&sol;hashtag&sol;tech&quest;src&equals;hash&amp&semi;ref&lowbar;src&equals;twsrc&percnt;5Etfw">&num;tech<&sol;a> professionals are deciding to call Manchester home &srarr; <a href&equals;"https&colon;&sol;&sol;t&period;co&sol;H5vSCvHNap">https&colon;&sol;&sol;t&period;co&sol;H5vSCvHNap<&sol;a><&sol;p>&NewLine;<p>&mdash&semi; London Tech Week &lpar;&commat;LDNTechWeek&rpar; <a href&equals;"https&colon;&sol;&sol;twitter&period;com&sol;LDNTechWeek&sol;status&sol;1138046651279532033&quest;ref&lowbar;src&equals;twsrc&percnt;5Etfw">June 10&comma; 2019<&sol;a><&sol;p><&sol;blockquote>&NewLine;<p><script async src&equals;"https&colon;&sol;&sol;platform&period;twitter&period;com&sol;widgets&period;js" charset&equals;"utf-8"><&sol;script><&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;British tech is growing over one and a half times faster than the rest of the economy&comma; adding more than £130 billion to our economy every year&period;”<&sol;p>&NewLine;<p>The UK has created more unicorn tech companies – firms valued at more than one billion US dollars &lpar;£784 million&rpar; – than any other country except for the US and China&comma; according to new data compiled by Tech Nation and Dealroom&period;<&sol;p>&NewLine;<p><&excl;--Ads3--><&sol;p>&NewLine;<p>Ahead of the opening of London Tech Week&comma; it has been revealed that the UK produced 13 firms valued at more than one billion US dollars over the past year&comma; taking its overall total to 72&period;<&sol;p>&NewLine;<p>The Prime Minister also announced the creation up to 2&comma;500 places on new masters courses in AI and data&comma; which will begin to roll out next year&period;<&sol;p>&NewLine;<p>Mrs May described the courses as a way for people &OpenCurlyDoubleQuote;who have originally trained in other degree disciplines to contribute to the ongoing AI revolution”&period;<&sol;p>&NewLine;<p>She added&colon; &OpenCurlyDoubleQuote;As part of this&comma; we will fund up to 1&comma;000 scholarships to ensure we open up these opportunities to everyone&comma; no matter what your background&period;”<&sol;p>&NewLine;<p>The PM also acknowledged that as well as helping business&comma; the Government must ensure it &OpenCurlyDoubleQuote;maintains the public’s trust in a rapidly-changing environment”&period;<&sol;p>&NewLine;<blockquote class&equals;"twitter-tweet" data-width&equals;"550" data-dnt&equals;"true">&NewLine;<p lang&equals;"en" dir&equals;"ltr">At the launch of London Tech Week&period; Delighted to keep hearing Bristol mentioned by entrepreneurs and experts through to the Prime Minister&period; The news of a further £150m for quantum computing also good news&comma; as recommended by my select committee <a href&equals;"https&colon;&sol;&sol;twitter&period;com&sol;CommonsSTC&quest;ref&lowbar;src&equals;twsrc&percnt;5Etfw">&commat;CommonsSTC<&sol;a> inquiry this year&period; <a href&equals;"https&colon;&sol;&sol;twitter&period;com&sol;hashtag&sol;LTW&quest;src&equals;hash&amp&semi;ref&lowbar;src&equals;twsrc&percnt;5Etfw">&num;LTW<&sol;a> <a href&equals;"https&colon;&sol;&sol;t&period;co&sol;NFd8rdjAnb">pic&period;twitter&period;com&sol;NFd8rdjAnb<&sol;a><&sol;p>&NewLine;<p>&mdash&semi; Darren Jones MP &lpar;&commat;darrenpjones&rpar; <a href&equals;"https&colon;&sol;&sol;twitter&period;com&sol;darrenpjones&sol;status&sol;1138034745223385088&quest;ref&lowbar;src&equals;twsrc&percnt;5Etfw">June 10&comma; 2019<&sol;a><&sol;p><&sol;blockquote>&NewLine;<p><script async src&equals;"https&colon;&sol;&sol;platform&period;twitter&period;com&sol;widgets&period;js" charset&equals;"utf-8"><&sol;script><&sol;p>&NewLine;<p>Acknowledging the white paper into Online Harms published by the Government earlier this year following consultation with tech firms&comma; and the Extremism Summit in Paris last month into social media’s response to terror content online&comma; the Prime Minister said she hoped that same &OpenCurlyDoubleQuote;spirit of co-operation” between industry and Government could continue&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;Because today as we sit on the cusp of the next great industrial revolution&comma; we have the opportunity to work together and ensure that the advances we see transform our world for the better&comma; and for the benefit of everyone&comma;” she said&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;Government will back you all the way&period;<&sol;p>&NewLine;<p>Your ingenuity&comma; your expertise and your vision are what are going to propel us to Britain’s success stories of the future&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;You are the reason why Britain is home to some of the most exciting tech businesses in the world&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;So let us work together&comma; and create a Tech Nation that truly is worlds apart&period;”<&sol;p>&NewLine;<p><&excl;--Ads1--><&sol;p>&NewLine;&Tab;&Tab;&Tab;<div style&equals;"padding-bottom&colon;15px&semi;" class&equals;"wordads-tag" data-slot-type&equals;"belowpost">&NewLine;&Tab;&Tab;&Tab;&Tab;<div id&equals;"atatags-dynamic-belowpost-68e31da870b8c">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;<script type&equals;"text&sol;javascript">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;getAdSnippetCallback &equals; 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