Peter Kyle, the science secretary, said he would be selling the merits of cities such as Birmingham on a visit to Microsoft in Seattle on Tuesday, and other Silicon Valley-based tech giants later in the week, as part of efforts to attract billions more in technology investment to the UK.
“We do have the opportunity to incentivise investment outside of London,” said Kyle at the launch of Birmingham Tech Week. “As we start to announce policies, you will see incentives for regional investment will be baked into everything we do.”
Convincing overseas investors to look beyond the bright lights of the capital took “a lot more effort”, he added, because “people see London as a safe bet”. It would require the use of additional incentives,