Spring Statement fails to impress for tech

Tom Allen
clock • 5 min read
There was one mention of cloud computing and data, but scant details
Image:

There was one mention of cloud computing and data, but scant details

Rishi Sunak's Spring Statement - specifically not a Budget - contained little in the way of help for businesses, and pressed forward with the unwelcome 1.25 percentage point hike to National Insurance. 

Of particular relevance to the IT industry, Sunak discussed R&D tax reliefs, which will be expanded to cover data, cloud computing and pure maths, although there was little in the way of specifics....

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