Hundreds of jobs are made in Britain as a part of investment in the technology sector, Government has announced.
It comes as the Secretary of Science and Technology Peter Kyle Told a audience London Tech Week that UK should be in rapidly growing technologies, such as “The Cutting Age” of AI.
The technology sector is a major sector of government’s efforts to accelerate the UK economy in bid to support efforts to increase expenses.
Liquidity is planning in the next five years “data source =” “>
On Tuesday, several “important investments” were announced in the region in areas including AI and Fintech, which will first establish some companies in the UK.
The US-based AI Fintech Business, Liquidity, revealed that it would launch its European headquarters in London as a plan to invest an additional £ 1.5 billion over the next five years.
Meanwhile, Capgemini said it would expand the operation of the UK with a new London headquarters.
A Danish IT will also invest £ 2 million to expand its Leeds office, and start a new site in Edinburgh to expand its Leeds office, which will eventually create 150 jobs.
Other investments include a major European Start-up hub, Innovax AI, invested £ 14.7 million in a new London technology site, making 30 jobs.
Mr. Kyle said: “We have all seen in the last few years, just fast and intensive techniques like AI are changing the economy and our society.
“Britain can be on the edge of the state -of -the -art of this change – and should be.
“The era of hesitation is over: we can be the owner of our fate, and through the measures I am announcing today, we will exploit the huge potential of our trillion-pound tech sector to help improve our country.”
The government said on Tuesday that it was opening its science and technology enterprise capital fellowships for each other’s and applications, to invest in start-up businesses in the sector to increase the capacity of the UK financial sector.
Secretary Jonathan Reynolds Said: “Protecting valuable high-technical investment is an integral mission of this government and global investors see Arabs in the UK economy show that the plan of change is working, more and more companies with choosing Britain.
“Tech is being recognized as a major development sector in our upcoming modern industrial strategy, we are not only helping and safe investment, but also provide long -term, stable growth that supports skilled jobs and raises the standard of living in the entire UK.”
