RE: Official News Release - TR112 Jun 2026 13:48
June 10th 2026
UK Poised To Turn Scientific Excellence In Quantum Into Economic Growth, Minister Says
* The government is using procurement, regulation, skills development and industry partnerships to accelerate quantum adoption, including a previously announced £1.2 billion commitment to procure large-scale quantum computers and an upcoming £12 million funding initiative for hybrid quantum algorithms.
https://thequantuminsider.com/2026/06/10/uk-poised-to-turn-scientific-excellence-in-quantum-into-economic-growth-minister-says/
June 11th 2026
The United Kingdom has, for the first time, formalized a long-term strategy for its Digital and Technologies sector, addressing a previously absent component of the government’s Modern Industrial Strategy. Published as the plan demonstrates a commitment to sustained investment and policy over a 10-year timeframe, moving beyond shorter-term tech initiatives. This approach aims to establish the UK as a leading global hub for innovation and secure lasting economic prosperity through technological advancement. “Meeting today’s challenges demands an active, strategic state that partners with business to harness technological change and drives opportunity and growth,” states the document, outlining progress on initiatives like a new Sovereign AI fund and five recently announced Digital and Technologies Technical Excellence Colleges across the UK
https://quantumzeitgeist.com/10-year-plan-build-tech/
June 10th 2026
UK government takes stakes in Kraken, Wayve, and Oxford Quantum Circuits to retain high-growth startups
Britain is writing big checks to keep its most promising tech companies from seeking greener pastures abroad.
The UK government is putting its money where its mouth is on tech sovereignty. Through direct investment vehicles, Britain has taken stakes in three of its most promising startups: Kraken Technologies, Wayve, and Oxford Quantum Circuits, in a bid to keep them from decamping to foreign markets where funding has traditionally been easier to secure.
https://cryptobriefing.com/uk-government-stakes-kraken-wayve-oxford-quantum/