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Experts Share: How Can The Autumn Budget Better Support Tech Growth?

On September, the Chancellor confirmed that the Autumn Budget will be announced on Wed, Oct 26, 2025. Stakeholders in the technology sector are particularly interested in whether the government will introduce measures to bolster the industry's growth,…

NBy Noah KensingtonOct 22, 20251 min read

On September, the Chancellor confirmed that the Autumn Budget will be announced on Wed, Oct 26, 2025. Stakeholders in the technology sector are particularly interested in whether the government will introduce measures to bolster the industry's growth, particularly through tax incentives and digital infrastructure investment. The Budget's impact on innovation and small tech businesses is expected to be a key focus.

According to RSM UK, the third quarter of 2025 witnessed a 36% year-on-year increase in new tech company incorporations, totaling 15,470. London recorded a 35% increase with 7,498 new firms, while the North West and West Midlands saw growth rates of 41% and 51%, respectively. Wales reported the highest increase at 141%. Compared to the previous quarter, tech incorporations rose by 8%, with the exception of Northern Ireland, Scotland, and the North East.

Industry experts propose several measures to support the tech sector in the upcoming Autumn Budget:

On September, the Chancellor confirmed that the Autumn Budget will be announced on Wed, Oct 26, 2025.
Noah Kensington · Thehackingpost

Enhancement of R&D tax credits and reduction of regulatory complexity to ease access for startups and SMEs. Investment in digital upskilling and inclusion strategies to address skill shortages and expand the talent pipeline. Implementation of a regulatory framework that balances innovation with protection, ensuring a conducive environment for tech growth. Increased regional investment to support local innovation hubs outside of London. Reform of public sector procurement to enable startups and SMEs to compete effectively. Introduction of policies to encourage the retention of tech talent, including revising share schemes and tax incentives.

As the Autumn Budget approaches, the technology sector is keenly observing the government's proposals to enhance growth and address current challenges. The focus remains on creating a sustainable and competitive tech ecosystem that leverages the UK's strengths in innovation and entrepreneurship. The outcomes of the Budget will be crucial in determining the future trajectory of the tech industry in the UK.

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Based on reporting by techround.co.uk.

AI transparency. This article was produced with the assistance of artificial intelligence and published under human editorial oversight. AI systems can make mistakes. Read how we use AI (EU AI Act, Art. 50).
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