Technology played a significant part in the promises made in the Conservative Party manifesto, including the next steps for the superfast broadband rollout, expanded mobile coverage and startup support.
So it is surprising that chancellor George Osborne's Summer Budget lacked any explicit mention of the government's plans for the technology industry and related sectors.
Osbourne focused instead on touting his vision of a working Britain for working people. However, dig a little deeper into the HM Treasury Summer Budget documentation and you'll find that the Budget affects the technology industry more than at first appears.
Osborne did not mention the superfast broadband programme in his speech, but the government will be allocating up to £10m to support its rollout in the South West, slated to start in April 2016.
The fund will require local projects to bid for financial support, and priority will be given to those that aim to deliver ultrafast broadband speeds of 100Mbps.
The government did not say how it will deliver tax reforms for small businesses or bolster the development of startups, but the chancellor mentioned the need to release London's economic grip on the UK and build up business in the north of Britain.
Osbourne championed the concept of the ‘Northern Powerhouse' and other areas outside the capital that are seeing a growth in new businesses. These include Tech North and the growing technology clusters in Bournemouth and Liverpool.
Larger companies, including UK technology firms, can look forward to corporation tax relief as rates will drop from 20 percent to 19 percent in 2017 and to 18 percent in 2020.
Osborne said that "Britain needs to raise its game" when it comes to skills, and that the government will introduce an unspecified apprenticeship levy on large enterprises to create three million apprenticeships for young people.
The UK is home to many large technology enterprises, and it would not be surprising if such corporations were among the first to be required to provide apprenticeships that address the UK's digital skills gap.
The government also appears to be taking a hard line on filling the skills gap, outlining ambitions to push unemployed people under the age of 21 into education or apprenticeships from the first day of their benefits claim.
Downing Street will doubtless expect the technology industry to be a core provider of such apprenticeships and the work opportunities into which it wants to channel young people.
The Budget said that the government will invest £23m in a further six Next Generation Digital Economy Centres in London, Bath, Newcastle, Nottingham, Swansea and York.
The centres will be created with support from regional councils and local small and medium sized businesses.
"These centres will exploit opportunities across sectors of the digital economy, including the creative industries, finance, healthcare and education," the Treasury said.
Overall, the Budget is still relatively slim on technology investments and initiatives. However, more are expected to surface in the government's Productivity Plan led by Treasury minister Lord O'Neill.
In the meantime, the technology industry is left sitting on tenterhooks, waiting for the government to confirm or renege on its manifesto promises.
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