Oral Answers to Questions Debate
Full Debate: Read Full DebateDepartment: Department for Science, Innovation & Technology
Tanmanjeet Singh Dhesi
Main Page: Tanmanjeet Singh Dhesi (Labour - Slough)Department Debates - View all Tanmanjeet Singh Dhesi's debates with the Department for Science, Innovation & Technology
(1 year, 1 month ago)
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Michelle Donelan
I would be delighted to do so. My hon. Friend is a great ambassador for his constituency, always pushing and promoting the great work that is being done.
Mr Tanmanjeet Singh Dhesi (Slough) (Lab)
According to Tech Nation, Slough, which is the silicon valley of the UK, has experienced a 536% increase in the formation of digital start-ups in the last decade. Given that artificial intelligence is of strategic importance to the UK, why have the Government cut research and development tax credits for small and medium-sized enterprises?
The Parliamentary Under-Secretary of State for Science, Innovation and Technology (Paul Scully)
The hon. Gentleman will know that a review of R&D tax credits is being conducted. The Chancellor will be speaking later, but because of Tech Nation and the work that has been done over the last decade, we have a great tech ecosystem to build on.