We use cookies to provide you with a better experience. If you continue to use this site, we'll assume you're happy with this. Alternatively, click here to find out how to manage these cookies

hide cookie message
80,259 News Articles

E-minister Hewitt surfs new wave

Technology to get a boost from govt £70m

Extra government investment of £70m will 'keep Britain at the forefront of the high-tech revolution', Patricia Hewitt, minister for small business and e-commerce, announced yesterday.

"This level of investment clearly indicates the government's commitment to Britain's high-tech community," said a Department of Trade and Industry spokesperson.

The four-year scheme will see £20m invested in the creation of a centre for developing 'new wave' products, such as washing machines that recognise intelligent clothes labels and internet fridges which order their own groceries.

Hewitt estimated the global market for these 'thinking machines' could be worth more than £700bn by 2005.

A further £20m will be spent on the creation of high-speed national computing networks and a centre where researchers, manufacturers and 'marketing gurus' can collaborate.

"Communication between IT sectors is essential," said a spokesperson at chip manufacturer, Intel. "This is a great step forward."

The final £30m, over the next three years, will fund the expansion of UK online businesses.


IDG UK Sites

Best iPad Air 2 and iPad mini 3 deals: Find the best contract for your new iPad

IDG UK Sites

The iPhone is doomed. Doomed to be marginally less successful than a very successful thing.

IDG UK Sites

How to prototype native mobile apps without writing code

IDG UK Sites

How to prepare for and update to OS X Yosemite: Get your Mac ready to download & install Apple's...