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
78,263 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

iPhone Air release date rumours, specs, leaked photos: 5.5in iPhone 6 expected

IDG UK Sites

Alternatives to iPad Air: iPad Air vs best tablets from Samsung, Sony, Microsoft, Google & more

IDG UK Sites

5 reasons to buy an electric car and 5 reasons not to

IDG UK Sites

Apple launches a new Swift blog, signaling language's importance