UK tech ambitions undeterred by Brexit’s ‘economic turbulence’

Brexit or no, the UK government is determined to push ahead with technology leadership ambitions. Chancellor Philip Hammond’s budget statement to parliament allocates a fresh £390m (US$488.4m) in funding to support autonomous and electric vehicle (EV) development, backing up previously stated aspirations to become a hub for these new technologies. The funding comes several months after the vote to withdraw from the European Union, a move that many industry players opposed.