Technology Secretary Peter Kyle has pledged to ease unnecessary regulation that hinders development and use of cutting-edge technology. In announcing this he says that “there is no route to long term growth without innovation.” This comes as part of the Government’s first-ever dedicated strategy for the digital and technology sector. Lord David Willetts, a former Science Minister, has been appointed as the first chair of the Regulatory Innovation Office. He says that the unit will work to “shape regulatory approaches that empower new technologies.”
iBOSS Comment:
Further encouraging news that the Government appears to recognise the future importance of technology to our economy in the future. If you have, or are thinking of setting up, a technology-based SME business and need help then call us. We can be contacted on 07876 503830 or e-mail phil@theiboss.co.uk for a free consultation on how we can help you