Body blow for Downing Street and govt promise to turn UK into 'new Silicon Valley'

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Body blow for Downing Street and govt promise to turn UK into 'new Silicon Valley'
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Sky's Ed Conway says it's hard not to conclude that the government's recent approach to semiconductors may not have helped its cause.

Chip giant Arm is the jewel in the crown of the UK technology sector.

Since they came to office they have been promising to turn the UK into a"new Silicon Valley" - Arm was the strongest card in their deck. And the company says it will double down on its presence in the UK. So this is far from an end to its relationship with this country.Please use Chrome browser for a more accessible video playerGovernment approach may not have helped

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