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UKTN | The Podcast

The UK’s place in global tech – Will Hutton, Journalist

UKTN | The Podcast

UKTN

Technology, Entrepreneur, Tech, Business, Hr, Sales, Uktech, Investing, Funding, Entrepreneurship, Marketing

56 Ratings

🗓️ 18 November 2025

⏱️ 29 minutes

🧾️ Download transcript

Summary

Will Hutton, political journalist, author and academic, discusses the potential implications of the upcoming Autumn Budget on the British tech industry, why working with the EU is vital for achieving the growth ambitions championed by the government and how the UK can maintain its place on the global tech stage. 

Hutton is a columnist for the Observer, president of the Academy of Social Sciences and the author of numerous major works covering politics and economics. 

Transcript

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0:00.0

You know, and I hope people who hear this kind of lend their voices to the battle cry.

0:11.0

We have to, we really have to equip our founders with more UK capital.

0:17.0

We talk about stopping the boats, we worry about immigration. But I mean, for God's sake,

0:25.1

I mean, the scale of sales of indigenous, fantastic new K-K companies that could have already got

0:33.7

as a tech sector that was halfway to the one trillion-pound target is scandalous.

0:38.3

We don't have to join all the EU institutions if we don't want to,

0:44.3

but we certainly got to associate with a single market, Customs Union,

0:47.3

and within that, the innovation sector, I think it's a no-brainer, actually.

0:51.3

If we want to grow a trillion-pound tech sector by 2040,

0:55.2

all that comes with it, it's what we have to do. From the first-time founders to the funds

1:04.0

that back them, innovation needs different. Our FSO partner, HSBC Innovation Banking, is proud to accelerate growth for tech and life science businesses,

1:14.7

creating meaningful connections and opening up a world of opportunity for entrepreneurs and investors alike.

1:21.3

Discover more at www.h.hsbc Innovationbanking.com slash en dash gb.

1:32.4

Hello and welcome to the UKTM podcast, a weekly chat with the movers and shakers of the UK

1:39.8

tech industry and the destination for all things UK tech related. I'm your host, Jane Wakefield,

1:45.5

and today I am joined by Will Hutton, political economist, journalist, author and academic. Welcome,

1:52.2

Will. He's to be here. Now, I got in touch with you on the back of what I think is probably one

1:57.3

of the most talked about budgets in years. We've seen lots of governments,

2:01.9

including the current one, talk up tech, but when it comes to the actual budget, and I've

2:05.9

covered a few budgets in my time as a journalist, there's often little of substance for the

2:10.6

sector in it. So is that going to change in this budget, do you think?

2:15.4

A little bit. As far as I can understand from the Treasury officials and advisors I've spoken to,

...

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