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UK and EU TMT update: Autumn Budget, Online Safety Act fees, ICO children’s privacy, TV prominence rules, Ofcom to regulate PRS, Data Use and Access Bill, DSA research access

Published on: 31 October 2024

Published by a LexisNexis TMT expert
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Key developments and materials

Autumn Budget 2024—key TMT announcements

In the 2024 Autumn Budget on 30 October 2024, the Chancellor of the Exchequer, the Rt Hon Rachel Reeves MP, set out plans to publish an AI Opportunities Action Plan; enable claims for the Independent Film Tax Credit from April 2025; prolong the small and medium-sized enterprises taskforce; and launch a review into obstacles to transformative technologies. She also confirmed funding of £2bn for NHS innovation, £500m for Project Gigabit and the Shared Rural Network, £340m for the Single Intelligence Account settlement, £3m for the Creative Careers Programme, and £25m for the North East Mayoral Combined Authority. Rosie Burbidge, partner at Gunnercooke LLP, provides commentary on the AI Opportunities Action Plan. See: LNB News 30/10/2024 52...

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