Political parties reminded of importance of IT sector


Political parties reminded of importance of IT sector

Simon Quicke

With preparations for the election starting to gather momentum the IT industry is also moving to put in its wishes from the next government.

One of the most well coordinated efforts, the IT Manifesto, has already been in existence for a while being launched last July in a fanfare at the Houses of Parliament by a group of industry players.

The manifesto argued that if the government supported the IT sector it would help pull the economy out of recession and put the country in a stronger position in the future.

Writing in MicroScope last year one of the founders of the manifesto Stephen Kelly underlined just why the IT sector demanded and deserved government support.

"The UK has a rich heritage of innovation in technology. The computer, the television and the internet are just three examples that prove, when it comes to innovation, the UK can create world-leading businesses," he wrote.

"To nurture start-up tech companies, there needs to be a radical change to the tax incentives available," he added.

With some politicians, notably former Tory chancellor Ken Clarke yesterday on the BBC, talking about trying to revive the manufacturing sector the call has gone out again to remember the IT sector and provide the industry with tax breaks.

According to the FT the call for tax incentives is being made by trade body Intellect which argues that software and technology were going to be major industries in the future.

British software player Micro Focus has been involved in the IT Manifesto from the start, as has chairman of TechMarketView Richard Holway who this morning said on his daily news update that he expected a great deal more to be made of the manifesto over the coming weeks.

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