Unicorn Kingdom prime minister fails to provide £300 million of magic software beans promised
After last week's Spring Budget, officials from the Department for Business and Trade said initial analysis of the Help to Grow: Digital scheme, launched in 2021, estimated total spend to be £31.4 million.
However, further detailed work revealed the actual spending for the three financial years of the SaaS credits program was actually due to be nearer to £20 million, the Department told us.At the time, Sunak said:"With the pandemic, many businesses have moved online. This has been a challenge, but we want to turn it into an opportunity.
The government said at the time that UK had relatively low adoption of digital technologies and software compared to international competitors, while UK SMEs are less likely to use formal management practices than SMEs in peer countries. indicated that Help to Grow: digital was forecast to spend £50 million in 2021/22, £115 million in 2022/23 and £130 million in 2023/24 – a total of £295 million.
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