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Motion that this House has considered Government support for UK-based tech companies. Agreed to on question.

Lead member
Peter Fortune
Answering member
Kanishka Narayan
Department
Department for Science, Innovation and Technology
Type
Debates
Date
11 March 2026
Reference
782 cc130-2WH
House
House of Commons

I beg to move,

That this House has considered Government support for UK-based tech companies.

It is a pleasure to serve under your chairmanship, Mr Betts. I am pleased to have secured this debate.

It is hard to measure the true economic value of the technology sector in the UK, but I think...

Member
Peter Fortune (Conservative)
Type
Proceeding contributions
Date
11 March 2026
Reference
782 c130WH
House
House of Commons

I congratulate the hon. Member on securing this important debate on Government support for UK-based tech companies. My Slough constituency is a huge tech and data hub; indeed, it has the second largest concentration of data centres anywhere in the world. Does he agree that it would be an act...

Member
Tanmanjeet Singh Dhesi (Labour)
Type
Proceeding contributions
Date
11 March 2026
Reference
782 c130WH
House
House of Commons

I have a list of Government follies here, if the hon. Member would like me to pass them on. In all seriousness, I completely agree with him on the importance of the industry and those jobs, and I am sure that the Minister will pick that up when he responds.

To...

Member
Peter Fortune (Conservative)
Type
Proceeding contributions
Date
11 March 2026
Reference
782 cc130-2WH
House
House of Commons
Type
Proceeding contributions
Date
11 March 2026
Reference
782 c132WH
House
House of Commons

It is a pleasure to serve under your chairmanship, Mr Betts—and I genuinely hope you have some good news about Sheffield Wednesday in the next few days.

Member
Chris Evans (Labour)
Type
Proceeding contributions
Date
11 March 2026
Reference
782 c107WH
House
House of Commons

I stand corrected, Mr Betts—I was in meetings all morning, so I have not seen the sports news yet.

For constituencies like mine, which were dependent on heavy industry, the development of high technology offers new growth opportunities that we can harness in our valley communities once again. I want to...

Member
Chris Evans (Labour)
Type
Proceeding contributions
Date
11 March 2026
Reference
782 cc133-111WH
House
House of Commons

I recently visited the Nexus innovation hub at the University of Leeds, which does the things that my hon. Friend was just describing, with innovative spin-outs and companies genuinely innovating in really challenging areas. However, they struggle to access Government procurement because they do not have things like Cyber Essentials,...

Member
Mark Sewards (Labour)
Type
Proceeding contributions
Date
11 March 2026
Reference
782 c111WH
House
House of Commons

I am always happy to take interventions, but my hon. Friend seems to have written my speech for me, because I will develop that argument as I go along. I note he is from Leeds—Leeds pinch all of Sheffield Wednesday’s best managers, do they not, Mr Betts?

Spin-outs offer postgraduate students...

Member
Chris Evans (Labour)
Type
Proceeding contributions
Date
11 March 2026
Reference
782 cc112-135WH
House
House of Commons

It is an honour to serve under your chairship, Mr Betts. I congratulate the hon. Member for Bromley and Biggin Hill (Peter Fortune) on securing this important debate. We have heard from both sides of the Chamber that the British tech sector spreads into all our constituencies, so it concerns...

Member
Mike Martin (Liberal Democrat)
Type
Proceeding contributions
Date
11 March 2026
Reference
782 cc135-114WH
House
House of Commons

Does my hon. Friend share my view that, although we can be rightly proud of having the third most valuable tech ecosystem in the world, we cannot be complacent, especially amid increasing international uncertainty? Shearwell Data in my constituency is exactly the sort of business that he refers to. A...

Member
Rachel Gilmour (Liberal Democrat)
Type
Proceeding contributions
Date
11 March 2026
Reference
782 c114WH
House
House of Commons

I thank my hon. Friend for her comprehensive intervention, which speaks to exactly the issues that I will raise.

The key example is DeepMind, which was the world-leading AI company. We, the Brits, failed to create the ecosystem, funding and risk-taking capital to enable it to scale fully. It was then...

Member
Mike Martin (Liberal Democrat)
Type
Proceeding contributions
Date
11 March 2026
Reference
782 cc115-136WH
House
House of Commons

I held a roundtable in my constituency with the Startup Coalition just two weeks ago. We found that one of the biggest barriers was not an absence of talent or expertise in my town, but a poverty of access to information, advice and guidance. No one had heard of small...

Member
Dan Aldridge (Labour)
Type
Proceeding contributions
Date
11 March 2026
Reference
782 c136WH
House
House of Commons

That is an excellent point. It is very much something that the Government can do, because they understand where capital can be found and how to create the legal and regulatory ecosystem that enables these companies to thrive.

Let me touch briefly on access to capital—I am thinking of slightly larger...

Member
Mike Martin (Liberal Democrat)
Type
Proceeding contributions
Date
11 March 2026
Reference
782 cc117-137WH
House
House of Commons

It is a pleasure to serve under your chairship today, Mr Betts. I thank the hon. Member for Bromley and Biggin Hill (Peter Fortune) for securing such an important debate—a debate that is of significance to my constituency and the role it plays in supporting UK-based tech companies.

In my former...

Member
Alison Taylor (Labour)
Type
Proceeding contributions
Date
11 March 2026
Reference
782 cc137-8WH
House
House of Commons

As always, it is a real pleasure to serve under your chairship, Mr Betts; thank you for all you do for us in relation to Westminster Hall. I also thank the hon. Member for Bromley and Biggin Hill (Peter Fortune) for raising this issue and thereby giving us all an...

Member
Jim Shannon (Democratic Unionist Party)
Type
Proceeding contributions
Date
11 March 2026
Reference
782 c120WH
House
House of Commons

I just want to pay tribute to a number of lecturers at the universities in Northern Ireland. I used to work for the British Computer Society and the Northern Ireland branch was phenomenal. If the hon. Gentleman has not yet made contact with that branch, to speak to it about...

Member
Dan Aldridge (Labour)
Type
Proceeding contributions
Date
11 March 2026
Reference
782 c120WH
House
House of Commons

I thank the hon. Gentleman very much for that intervention; it is always good to get an intervention that reinforces the point of view that I am putting forward. Obviously, he has a personal knowledge of this issue and we thank him for that, too.

Due to the dedication and focus...

Member
Jim Shannon (Democratic Unionist Party)
Type
Proceeding contributions
Date
11 March 2026
Reference
782 cc120-139WH
House
House of Commons

It is an honour to serve under your chairship, Mr Betts. I congratulate the hon. Member for Bromley and Biggin Hill (Peter Fortune) on securing this important debate. I suspect that, at this point, I am in danger of labouring the points already made by other hon. Members, but I...

Member
Edward Morello (Liberal Democrat)
Type
Proceeding contributions
Date
11 March 2026
Reference
782 cc140-121WH
House
House of Commons

The hon. Member mentions a specific sector of the tech economy. Does he agree that tech companies do best when they are clustered together, particularly in innovation zones, so that they can share emerging knowledge and technologies, and link in with academia?

Member
Alison Taylor (Labour)
Type
Proceeding contributions
Date
11 March 2026
Reference
782 c121WH
House
House of Commons