Home » What does UK tech want from the 2024 Spring Budget?

What does UK tech want from the 2024 Spring Budget?

The chancellor is gearing up to deliver the Spring Budget on Wednesday in what is likely to be his last fiscal event before the general election.

Jeremy Hunt will be on a mission to woo the electorate, with polls suggesting the Conservative Party has something a mountain to climb to retain power.

The Labour Party has been making efforts to court the UK tech and business community, with its recent finance report being broadly welcomed by founders, investors and tech lobby groups.

The UK tech ecosystem will be watching closely for measures that can provide support off the back of the country slipping into a technical recession.

So, what does UK tech want from the 2024 Spring Budget?

Reversal of angel investor rule change

A top priority from the UK tech industry is a reversal of angel investment rules that disproportionately exclude underrepresented investors….