U.K. Gov’t To Invest $250M In Cyber Security Startups To Help Spooks

Despite on-going belt-tightening of the U.K.’s public finances, there’s going to be more taxpayer cash and support up for grabs for cyber security startups starting from early 2016.

Yesterday Chancellor George Osborne named the tech sector as a priority area, setting out a plan to boost related government spending over the next five years — with the aim of bolstering domestic intelligence capabilities and defending U.K. critical infrastructure and ecommerce activity from hackers.

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