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Quantum Technologies: Investing in the UK’s future
17 March 2026
Type
Written Ministerial Statement
Department
Department for Science, Innovation and Technology
At a Glance
Issue Summary
The statement discusses the UK's commitment to procuring and deploying large-scale quantum computers by the early 2030s, backed by £2bn in government investment.
Action Requested
The Government is launching a programme next week inviting companies to partner on delivering state-of-the-art prototypes for evaluation. The goal is to strengthen the UK's position as a global leader in quantum technologies and support long-term economic growth.
Key Facts
- Up to £2bn of Government investment in quantum technologies.
- Programme will launch next week with invitations for companies to propose partnerships.
- Oxford Economics estimates that quantum computers could increase productivity by up to 7% by 2045, delivering up to £212 billion GVA and creating 100,000 new jobs.
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