Minor, specific tweaks to patent box, a review of above the line R&D tax credit and £400m to be deployed on helping innovative businesses scale up.
Slim pickings for UK tech businesses. Nothing on talent mobility nor movement towards a cohesive set of interventions which would create catalytic scale up conditions in the UK and stave off the mid-life overseas snaffling of our would be Unicorns!
If we want to nurture unicorns perhaps we could do with some dungeons and dragons style tax magic.....
Innovation and infrastructure get £23bn The Chancellor says the UK needs to become more productive, so that wages can rise and people can enjoy higher living standards. To help with that, he announces a National Productivity Investment Fund of £23bn to be spent on innovation and infrastructure over the next five years. "Investing today for the economy of the future," he says.