Spending Review: Chancellor confirms £1.9bn cybersecurity funding

November 25, 2015

UK Chancellor George Osborne confirmed a £1.9 billion cybersecurity budget today, just one of a number of tech measures announced the Autumn Statement.

The government said that the security and intelligence agencies would see their budgets rise by 18 per cent in real terms while the Home Office is to spend £500 million by 2021 on the UK’s core counter-terrorism capabilities.

“The investment decisions the government is making means the UK will continue to be protected with a cutting-edge military, strong domestic security, robust cyber defences and a truly global reach,” said the Treasury in a statement.

The Treasury said that the National Cyber Security Programme would “build on the successes of the last Parliament and expand in scope and ambition”.

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