Extract from Commons debate on The Economy - Mar 22
Friday, 23 March 2018 08:47
The Exchequer Secretary to the Treasury (Robert
Jenrick):...Fifthly, we are embracing new technology, not turning
away from it. We want to ensure that the United Kingdom leads the
world in the technological revolution, but we also want to ensure
that that works for everyone as the world of work changes
profoundly. The pace of change has never been faster, but it will
never be so slow again. The tech entrepreneurs and investors I meet
are not preoccupied by Brexit. Their eyes are fixed on the...Request free trial
The Exchequer Secretary to the Treasury (Robert
Jenrick):...Fifthly, we are embracing new technology, not
turning away from it. We want to ensure that the United Kingdom
leads the world in the technological revolution, but we also want
to ensure that that works for everyone as the world of work changes
profoundly. The pace of change has never been faster, but it will
never be so slow again. The tech entrepreneurs and investors I meet
are not preoccupied by Brexit. Their eyes are fixed on the horizon
and so are ours. This is true of companies in FinTech, life
sciences, artificial intelligence, autonomous vehicles
and electric cars, and green growth, all of which we
are taking seriously in our industrial strategy and in other
policies. At least 15 UK tech companies could float today for in
excess of $1 billion—companies that did not exist five or 10 years
ago, including Citymapper, Deliveroo and Farfetch. This country is
on the cusp of something great and we do not want the Labour party
to lose that...
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