Meanwhile, the founding of the Alan Turing big data institute, to be housed within a UK university and backed with £42 million of public money, was also welcomed by many.
Adam Thilthorpe, director of professionalism at BCS, The Chartered Institute for IT, said: "The UK has been at the cutting edge of innovation and we believe this investment will provide the UK with the opportunity to regain its leading status as the nation to drive innovation and technology."
However, Policy Exchange, a UK think tank, said that while the institute is a great idea, the government itself needs to make better use of big data.
Labour MP Chi Onwurah described today's Budget as "a series of adhoc announcements and re-announcements that does little to change the research, skills or ICT base of our country."
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