Government hopes smart cities investment will boost tech jobs

David Cameron’s Internet of Things investment could unlock business opportunities. The government has set out to create hundreds of new British tech jobs as it commits £45m to fuelling innovation around the Internet of Things (IoT).

Prime Minister David Cameron has tasked a newly created quango with creating 500 tech roles over the next two years, as well as attracting £1bn of international and private sector investment.

The UK Trade & Investment (UKTI) Innovation Gateway will become a ‘one-stop shop’ for securing funding to bolster the UK’s £58bn tech sector, and adding to the 1.3 million-strong workforce.

Speaking at this month’s CeBIT technology trade fair, Cameron said: “The UK tech scene today is dynamic. Relentlessly ambitious. It is our ambition to make the UK the most digital nation in the G8 and it is my mission to show the world that we’re getting there.” … (Read more)