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UK Chancellor Reeves prioritises AI and technology in 2025 financial strategy

Summary by Tech Monitor

Rachel Reeves unveiled her maiden Spring Statement, introducing a strategic plan poised to significantly impact the UK's technology sector.

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FTI Strategic Communications

FTI Consulting News Bytes - 28 March 2025 - FTI Strategic Communications

FTI Consulting News BytesThis week in TMT news, we begin by looking at the UK government, which has been busy following the publication of the Spring Statement. Of note, Rachel Reeves announced that a minimum of 10% of the Ministry of Defence’s equipment budget would now go towards novel technologies such as drones. In automotive news, it was revealed that Chinese automaker BYD surpassed Tesla in 2024 revenue, driven by hybrid sales. Next up, we…

5 days ago

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