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Thursday 07 March 2024

*UKHotViewsExtra* Spring Budget 2024: TechMarketView takes a view

Spring Budget 2024 report coverThe TechMarketView analyst team has been all over the Spring Budget 2024 announcement to bring our subscribers a range of insightful analysis, all available within UKHotViewsExtra.

In a pre-General Election Budget, the Chancellor Jeremy Hunt, was keen to highlight that the plan for the UK’s finances is on track and to set out a path to accelerated progress. But what does it all mean for the tech sector and its suppliers?

  • In Spring Budget 2024: Challenging Productivity Goals, PublicSectorViews Research Director, Dale Peters, and Chief Analyst, Georgina O’Toole, delve into the detail to determine how tech suppliers to the UK Public Sector will be impacted by budgetary challenges and policy changes within Whitehall and the wider public sector. The Chancellor has sought to avoid increasing taxes, and instead has focused on productivity improvements within the public sector. It will come as little surprise that many of the Spring Budget announcements are previous policies and plans that have now been placed under the Productivity umbrella. Regardless, the biggest challenge is set to be leveraging technology effectively, and with the pace required, to achieve the tough goals set out and enable organisations to work within challenging budgetary constraints.
  • Meanwhile, in Further AI investments in Spring budget, Principal Analyst and Lead for TechMarketView’s AI research, Simon Baxter, investigates whether actions taken in the Spring Budget will have any impact on accelerating the pace of AI adoption across the UK. Simon uncovers some noteworthy takeaways that will be welcomed by the tech sector, but also questions, is there more that could be done?
  • And, finally, in Spring Budget: Takeaways for the tech sector TechMarketView’s CEO, Tola Sargeant, uses a wider lens to interrogate the Budget and understand how the tech sector will be impacted. Tola looks at measures designed to boost investment in and by UK companies, to improve skills in high demand areas of the economy, and to accelerate regulatory reform to keep pace with the fast-moving AI sector.

The TechMarketView analyst team is always on hand to answer any additional questions our subscribers might have (see Our People | TechMarketView). If you are not yet a TechMarketView subscriber – or are unclear if your organisation has a corporate subscription – please contact Deb Seth to see how to access this analysis and much more besides.

Posted by: HotViews Editor at 09:43

Tags: policy   government   AI   budget   public sector  

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