<div style="page-break-before: always; page-break-after: always;">
<p id="2">The Chancellor said: &ldquo;I want British firms to lead the world in turning fantastic science into new products and services. We need to make sure government is doing everything we can to encourage innovation and competition.</p>
<p id="3">&ldquo;We have already set out how we will back our formidable financial services sector to unlock private investment in new industries.</p>
<p id="4">&ldquo;We will show the same ambition in other high-growth sectors to ensure that future Silicon Valleys are based here in the UK.&rdquo;</p>
</div>
<div style="page-break-before: always; page-break-after: always;">
<p id="1">Sir Patrick Vallance, the&nbsp;Government&rsquo;s chief scientific advisor, is to draw up new regulations designed to promote innovation and replace burdensome red-tape from Brussels.</p>
<div style="page-break-before: always; page-break-after: always;">
<p id="3">Leading figures from hi-tech industries will assist him. They include Matt Clifford, chair of the Advanced Research and Invention Agency, and Priya Lakhani, a member of the AI Council.</p>
<p id="4">Business Secretary Grant Shapps backed the plan. He said: &ldquo;Sir Patrick Vallance will lead the charge alongside industry to supercharge growth in some of the world&rsquo;s most exciting growing technologies.&rdquo;</p>
</div>
</div>

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is the World's largest and fastest growing self-service, cross-platform digital newsstand with over 87 million users since its inception in 2011 and thousands of magazines and newspapers across 40+ categories and 60+ languages. Headquartered in New York, Magzter has its local presence in Amsterdam, London, Mexico City, Chennai, Mumbai, New Delhi, Bengaluru, Singapore, and will soon be expanding to other countries. Founded by global entrepreneurs, Girish Ramdas and Vijay Radhakrishnan in June 2011, Magzter enables magazine and newspaper publishers around the world to create and deliver digital editions of their titles to global consumers.

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{{magzter}} is the World's largest and fastest growing self-service, cross-platform digital newsstand with over 87 million users since its inception in 2011 and thousands of magazines and newspapers across 40+ categories and 60+ languages. Headquartered in New York, Magzter has its local presence in Amsterdam, London, Mexico City, Chennai, Mumbai, New Delhi, Bengaluru, Singapore, and will soon be expanding to other countries. Founded by global entrepreneurs, Girish Ramdas and Vijay Radhakrishnan in June 2011, Magzter enables magazine and newspaper publishers around the world to create and deliver digital editions of their titles to global consumers.