Chancellor George Osborne has finally announced the coalition government's much-anticipated Comprehensive Spending Review (CSR) and, as predicted, the main winners in the tech space are the UK's broadband infrastructure and the national cyber security strategy.
In an hour long speech, Osborne made little reference to the tech sector, although he confirmed that £530m will be invested in the UK's broadband network over the next four years, benefiting around two million households in remote areas.
As part of this, he said, the government will pursue superfast broadband pilot projects in the Highlands and Islands, North Yorkshire, Cumbria and Herefordshire.
The CSR document goes further on the detail for the funding, saying that £300m of the total budget set aside will come from the BBC TV license fee.
Also mentioned in the CSR is the government's intention to sell off some of its key assets in order to reduce the budget deficit, including "holding an auction in 2011-12 for 800MHz and 2.6GHz spectrum, suitable for delivering the next generation of mobile broadband.
The cash budget for science will remain the same at £4.6bn, no doubt pleasing campaigners who took to the streets earlier this month after fears that funding could be slashed by as much as a quarter.
And as revealed yesterday by prime minister David Cameron, a significant sum will be allocated towards fighting cyber crime.
"The government is implementing a major new £650 million National Cyber Security Programme to deliver a step change in our cyber security capabilities across Government, managed from within the Cabinet Office," the report noted.
This will include education programmes and awareness raising, building security into online public services and "addressing the deficiencies in the UK's ability to detect and defend itself against cyber attack".
There aren't many surprises in the CSR for the tech industry, but there will be relief that the government is finally taking cyber crime seriously, although question marks persist about the amount of money earmarked for closing the digital divide and bringing the nation's creaking broadband infrastructure up to date.
Given the sums needed to roll out superfast broadband, is £530 enough to make a difference?
What may make a bigger difference in the day to day for IT managers in the public sector, is the government's pledge in the document to use digital means as a default option to deliver its services.
"As a first step, this will be done for the initial application for Job Seekers' Allowance, new business tax registration with HMRC and key Driver's Licence services," the CSR noted.
"The government will also rationalise its face to face and telephone services, including using Post Offices as a front office."
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