The digital economy is no laughing matter – this week’s Cabinet endorsement is long overdue.
Despite emerging as a global force, fast-growth tech companies enjoyed no representation at Cabinet before the election, and the policy brief was buried within the Department for Media, Culture and Sport. Yet the stats speak volumes: the digital sector - spanning 12 industries - contributes 16 per cent of GDP, 24 per cent of UK exports, record levels of investment (billions more than the car making or manufacturing sectors) and creates the high-skilled, well-paid jobs the country so...Read more