UK Spring Budget: lawyers welcome £270m tech commitment
Lawyers have welcomed the announcement that the UK government will introduce a £270 million ($327 million) fund to support research and innovation across the country.
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21 November 2017 The UK government will make an extra investment of £2.3 billion in research and development in 2021/22, increasing total public investment in R&D to £12.5 billion that year.
23 November 2017 UK Chancellor Philip Hammond has set out plans to prevent companies from gaining an unfair advantage by locating IP in low or “no tax” jurisdictions, but lawyers have suggested the proposals will be difficult to implement.