Budget 2012: UK to become Europe’s technology centre
Thurs, 22 March 2012
Several initiatives were introduced in the Budget to improve the UK as a place to develop IT and technological specialities.
Sid Barnes, executive director at IT recruiter Modis, says the budget “gives important recognition: to the vital role of information technology in strengthening the UK economy”.
“We applaud his vision that the UK will become ‘Europe’s technology centre’ and commitment to tax relief to promote innovation and grow the UK’s strong gaming enterprise.
“With high aspirations for the UK’s technological leadership, further thought must also be given to developing a talent pool. A lack of technology skills is hampering progress in IT – an essential part of working life regardless of the industry sector.
“In recent Modis research with IT leaders, 27% are already struggling to source quality candidates with IT expertise.
“The £100m investment in superfast broadband is a vital to ensure all UK businesses can operate effectively in the digital age. Premier IT infrastructure is needed to support business operations in every corner of the country – not only for technology hubs from Silicon Glen to Silicon Fen.”
Charles McIntosh, business development manager senior and executive-level IT recruitment specialist, Reed Technology, adds: “For the technology sector in particular, the news that the government plans to help the UK become Europe’s technology centre through tax reliefs for the video games, animation and high-end television production sectors, will be welcome for employers.”