UK Spring Statement: Gov't pledges incentives for AI and quantum development

The UK's Chancellor of the Exchequer, Jeremy Hunt, used his Spring Statement Wednesday to announce a range of new measures targeting the technology sector.Along with additional support to help R&D-intensive small and midsize enterprises (SMEs), a policy that was first introduced last year and was expected to be renewed in this year’s budget, the chancellor also announced a number of new tax relief schemes in addition to money and incentives for AI and quantum computing.During his spee