UK Government announces $80M in tech initiatives ahead of Brexit

Mrs May said the technology sector had the 'full backing of Government'

The minister said that new hubs in Birmingham, Cardiff, Belfast, Edinburgh and Glasgow would increase the reach of the country's innovative digital clusters. "That means Government doing all it can to secure a strong future for our thriving tech sector and ensure people in all corners of our nation share in the benefits of its success".

The 2,000 visas will be made available to individuals recognised as existing global leaders or promising future leaders in digital technology, science, arts and creative sectors by any of five endorsing organisations: Tech City UK, Arts Council England, the British Academy, the Royal Society and the Royal Academy of Engineering. "Tech Nation will help transform London and the United Kingdom from a series of standalone tech hubs into a powerful national network that will place the United Kingdom firmly at the top of global tech rankings".

As part of the plans, Tech City UK will give more than 40,000 people the opportunity to develop the skills needed to start or grow a digital business and will offer support for up to 4,000 UK tech businesses through targeted growth programmes. In combining into Tech Nation, the organisation will look to develop the UK's tech sector as a whole, as opposed to looking at specific hubs.

"Under the Tech Nation banner, this country that has brought so much innovation to the world and leads in sub-sectors such as fintech, cybersecurity, artificial intelligence, robotics and life sciences, will build a national network of digital excellence so that the United Kingdom will continue to be recognised as one of the best places in the world to start or grow a digital tech business". "As our economy continues to digitise, more and more businesses depend upon tech talent to support their growth".

Parliamentarians welcome PM package for Balochistan
He stressed that supremacy of the law is paramount in a democratic setup and the government would complete its due tenure. Abbasi reiterated that the federal government would continue its cooperation for developing Balochistan .

Lenovo Tab 7 with 4G LTE launched in India at Rs 9999
The device offers 2GB of RAM and 16GB of internal storage, which can be further expanded up to 128GB using a micro SD card slot. There is no official word on whether Motorola has any plans of releasing Moto Tab to other carrier networks or outside the US.

Google adds salary information to job searches
The location feature was updated so that you can filter jobs based on a distance you prefer from a location of your choosing. There is also a location filter option so that job searches can be limited to postings within a certain area.

More foreign workers could be lured to work for United Kingdom hi-tech firms under plans to double the amount of visas available for "exceptionally" talented migrants.

"For the announcement to be truly valuable, the government must couple it with further flexibility on Tier 2 high skilled talent. This will ensure that conditions for tech talent and global investment become even more attractive at this crucial point in the UK's history".

Now these are both being combined the additional cash being invested to cover Britain's other cities and regions is only around £1.25m a year.

A £2m pilot broadband voucher scheme from the Department for Digital, Culture, Media and Sport (DCMS) will pay for full-fibre gigabit broadband connections in Aberdeenshire, Bristol, Bath and North East Somerset, Coventry and Warwickshire, and West Yorkshire.

Related News:

  • Watch Charlotte Win The SmackDown Women's Championship

    Watch Charlotte Win The SmackDown Women's Championship

    Both women are such terrific wrestlers that you nearly want to figure out a way that both of them can be the champion. This would be the first time Ric Flair appeared on WWE programing since his medical issues from earlier this year.
    Boy narrowly escapes being hit by tractor trailer

    Boy narrowly escapes being hit by tractor trailer

    The children initially wait at the side of the road but the boy - wearing white shorts and a dark top - wanders out into the road. A child who had just gotten off a school bus is seen in dashcam footage getting almost hit by a passing big-rig truck.
    Two former intelligence chiefs blast Trump over Russian Federation  comments

    Two former intelligence chiefs blast Trump over Russian Federation comments

    And to try paint it in any other way is, I think, astounding, and, in fact, poses a peril to this country". On July 7, the two men had a one-on-one meeting at the G20 , a gathering of the world's top 20 economies.
  • Whole Foods Price Cuts Send Shares Of Kroger And Sprouts Sliding

    Whole Foods Price Cuts Send Shares Of Kroger And Sprouts Sliding

    The company slashed prices on almost 500 grocery items in August, shortly after its $13.7 billion purchase closed. Other items include chicken breasts, shrimp and other seasonal items like canned pumpkin and specialty potatoes.
    Arkansas AD Jeff Long parts ways with school

    Arkansas AD Jeff Long parts ways with school

    After compiling a 68-24 record with the Badgers, Bielema is 29-32 at Arkansas, including a 4-6 record in 2017. He served as the chairperson and face of the College Football Playoff selection committee in 2014 and 2015.
    Puerto Rican Contract With Whitefish Energy Still Under Scrutiny

    Puerto Rican Contract With Whitefish Energy Still Under Scrutiny

    Prepa lawyers warned against the terms of an expanded agreement signed on October 17, raising the payment ceiling to $300 million. According to a release sent to 22News from the rescue organization Red Rover, Rufus was airlifted from Puerto Rico to the St.
  • Mahira Khan's 'Verna' banned in Pakistan?

    Mahira Khan's 'Verna' banned in Pakistan?

    He said the SBFC hasn't cleared the film and is waiting for a go-ahead from the offices of the CBFC in Islamabad. The actress also featured in Bollywood movie "Raees" in which she played a character of Shah Rukh Khan's wife.
    Barnsley boss Paul Heckingbottom seen as Sunderland favourite

    Barnsley boss Paul Heckingbottom seen as Sunderland favourite

    Sunderland face Millwall at home this weekend as they battle against relegation with Robbie Stockdale now in caretaker charge. SUNDERLAND are offering Paul Heckingbottom a staggering pay rise to become their new boss.
    Pokemon Ultra Sun and Moon

    Pokemon Ultra Sun and Moon

    Pokemon Ultra Sun and Pokemon Ultra Moon will launch worldwide for 3DS on November 17. The latest release in Pokemon GO is a set of accessories for the user's avatar.
  • Miranda Kerr is Pregnant, Expecting Her Second Child

    Miranda Kerr is Pregnant, Expecting Her Second Child

    Kerr and the Snapchat founder, 27, were married at their home in Los Angeles' Brentwood neighborhood on May 27. Earlier this year, Miranda, 34, opened up about having a family with Evan, 27, before marriage.
    Moon sees community-connected future between S. Korea and ASEAN

    Moon sees community-connected future between S. Korea and ASEAN

    Moon also asked for Singapore and ASEAN's continued support for his country's efforts to peacefully denuclearize North Korea. He also welcomed the popularity of the "Korean Wave" in the Philippines.
    Justice League: Ben Affleck already thinking about hanging up Batman garb

    Justice League: Ben Affleck already thinking about hanging up Batman garb

    Sounds like Affleck likely will play Batman in Reeves film, but that could very well be his final chapter as the superhero. Ben Affleck hinted that the adjustments to the movie added a heat between his Batman and Gal Gadot's Wonder Woman .

Most liked

Institutional investors now have $7.91 billion stake in Vodafone Group Plc (VOD)
Fred's, engaged in the sale of general merchandise through its retail discount stores and full service pharmacies. Moreover, Cipher Capital Ltd Partnership has 0.28% invested in Teradyne, Inc. (NASDAQ:FRED) for 213,449 shares.

Air Products and Chemicals (NYSE:APD) Experiences Heavier than Usual Trading Volume
Highlander Mngmt Ltd Limited Liability Company invested in 0.03% or 242 shares. 84 funds opened positions while 256 raised stakes. The firm has a market cap of $34,938.57, a price-to-earnings ratio of 25.40, a P/E/G ratio of 1.89 and a beta of 1.24.

Yen Higher Against Dollar, AUD Skids
GDAXI fell 0.7 percent, weighed down by a stronger euro, which had risen almost half a percent in European trading hours. The euro's ascent pushed down the dollar index, which tracks the US currency against a basket of six major rivals.

Pentagon Pays for Service Member's Gender Reassignment Surgery
Pentagon spokeswoman Dana White confirmed in a statement that an unnamed active-duty military member's surgery would be covered . Secretary Mattis pushed the deadline back another six months in June, a month before Trump proposed banning all trans soldiers.

What's The Story Behind Petroleo Brasileiro SA - Petrobras (NYSE:PBR)
This number is based on a 1 to 5 scale where 1 indicates a Strong Buy recommendation while 5 represents a Strong Sell. Along with these its last twelve month performance is stands at 20.48% while moved -0.79% for the past six months.

Peel Hunt Reaffirms "Buy" Rating for Purplebricks Group PLC (PURP)
One research analyst has rated the stock with a hold rating and five have given a buy rating to the company's stock. Cobham PLC has 52 week low of 89.07GBX and a 52 week high of 154.51GBX and has a market capitalization of 0 GBX.

Sprint is adding free Hulu to its unlimited plan
To sign up for the offer, starting November 17, Sprint Unlimited Freedom customers can visit Sprint was apparently going to do this as a response to T-Mobile's offer of free Netflix to its subscribers.

Tencent's Q3 revenues are $9.8bn
Monthly active users on its WeChat social media app surpassed 980 million, which increased from the prior quarter of 963 million. It said the increase was primarily because of greater sharing and content costs, and expenses for payment-related services.

China overtakes United States in TOP500 list of world's fastest supercomputers
The latest lists also marks the first time each of the top 10 supercomputers delivered more than 10 petaflops of performance. Six months ago, when the last version of the Top500 list was published, the USA had 169 systems and China had 160.

Making stocks you should surely buy: JPMorgan Chase & Co. (JPM)
Keefe, Bruyette & Woods reaffirmed a "hold" rating on shares of J P Morgan Chase & Co in a report on Wednesday, October 11th. It increased, as 56 investors sold JPM shares while 678 reduced holdings. 74 funds opened positions while 236 raised stakes.

First Hijab-Wearing Barbie Doll Unveiled
MAT stock gained 6.4% on Tuesday. "There has never been a Barbie doll to wear a hijab before". The new Barbie will be great for kids who wear hijabs, and also for those who don't.

'Turned on me': Third woman accuses Ed Westwick of assault
The incident allegedly occurred at Westwick's home in the Hollywood Hills. 'It got worse and more handsy, ' she claims. Neither Westwick's representative nor his attorney immediately returned a request for comment on Eck's accusations.

Bharat 22 ETF attractive for long term investors, says DIPAM Secy
The issue is open today for institutional investors and will be open for retail investors from tomorrow. LIC, Bank of India, SBI Pension Fund, EPFO and HDFC Ergo Insurance among others have put in bids.

Adobe Systems Incorporated (ADBE) Upgraded by Vetr Inc
The stock has actually made strong gains in the past year, as the company has gathered a 75.4% return in the past twelve months. October 19 investment analysts at BMO Capital Markets kept the stock rating at "Outperform" targeting a price of $187.00.

Wenger open to global role
Arsenal manager, Arsene Wenger has declared that Premier League leaders, Manchester City , can not end the season unbeaten. Arsenal are the only team to go unbeaten throughout an entire Premier League season, and that was 2003-04.