techUK publishes full Budget Submission

  • techUK techUK
    Wednesday24Oct 2018
    techUK Reports

    Stimulating investment and digitising the economy should underpin a Budget plan that looks beyond Brexit.

techUK has today published its proposals for the Budget on 29 October.  At a time when Brexit is dominating the headlines, the proposals set out a radical plan to help stimulate investment and prepare the UK for the future.

The submissions specifically focuses on measures to:

  • Support digitisation across the whole economy to drive productivity.
  • Build a comprehensive package to support UK R&D in digital industries.
  • Support the skills needed for the modern economy.
  • Ensure that the Government’s approach to taxation continues to treat companies equally, encourages innovation and does not undermine the digital economy.
  • Support the UK’s place as the home of the world leading data centres.
  • Make the NHS and Social Care system a 21st Century service that embraces digital tools.

Commenting on the publication, techUK CEO, Julian David, said:

“A lot of time for both Government and businesses is currently tied up in preparing for Brexit.  In doing so we cannot lose sight of the need to lay the groundwork for a digital economy that can thrive whatever the outcome of the negotiation.

“Ensuring the UK remains a positive place to invest, with strong offers on R&D and skills will be key to our post-Brexit future.  Meanwhile enabling all businesses to take advance of the productivity benefits delivered by digital technologies is the best way to boost productivity and increase wages across the economy.

“techUK’s Budget submission sets out the path to achieving these goals, while avoiding the potential pitfalls on issues like tax that could deter investment.  We look forward to the Budget and will continue to engage with the Treasury and all parts of Government to secure the forward looking digital future we all want to for our country.”

  • Julian David

    Julian David

techUK Budget Submission (pdf)

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