UK Prime Minister Rishi Sunak. Getty
UK Prime Minister Rishi Sunak. Getty
UK Prime Minister Rishi Sunak. Getty
UK Prime Minister Rishi Sunak. Getty

Rishi Sunak unveils plan for UK to be science and technology 'superpower' by 2030


Soraya Ebrahimi
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British Prime Minister Rishi Sunak has announced a plan to make the UK a science and technology “superpower” by the end of the decade.

Mr Sunak hopes a science and technology framework will place the UK at the forefront of new technology including artificial intelligence and supercomputing.

His government has promised funding of more than £360 million ($433 million).

The move has been one of the central aims of Mr Sunak’s premiership, with Michelle Donelan recently appointed to lead the new Department for Science, Innovation and Technology.

Mr Sunak warned on Monday that the UK “can only stay ahead with focus, dynamism and leadership”, as the 10-point plan promised to use post-Brexit freedom for “pro-innovation regulations” and develop a “pro-innovation culture” in the public sector.

The government also announced it would again extend the funding guarantee, this time until June, for successful applicants to the EU’s Horizon programme.

There have been hopes that Mr Sunak’s new deal on the Northern Ireland Protocol could pave the way for the UK to rejoin the €100 billion ($106.2 billion) research scheme.

Rishi Sunak's first 100 days as Prime Minister - in pictures

Leading scientists last month criticised the Treasury for taking back £1.6 billion it had allocated for research and which had been set aside for UK involvement in Horizon.

“Trailblazing science and innovation have been in our DNA for decades," Mr Sunak said on Sunday.

“The more we innovate, the more we can grow our economy, create the high-paid jobs of the future, protect our security and improve lives across the country.”

Included in the framework are plans to boost private and public investment in research and development, and boosting innovation through public sector procurement.

It also pledges to ensure that researchers have access to the “best physical and digital infrastructure” for research and development, to attract the best talent to Britain.

Ms Donelan said innovation and technology “hold the keys” to raising productivity, increasing wages and reducing energy prices.

Rishi Sunak through the years - in pictures

“We are putting the full might of the British government and our private sector partners behind our push to become a scientific and technological superpower, because only through being world leaders in future industries like AI and quantum will we be able to improve the lives of every Briton,” she said.

The new plan is backed by an initial set of projects, including a £250 million investment in AI, quantum technology and engineering biology, as well as the publication of a new review of UK research by Sir Paul Nurse, director of the Francis Crick Institute.

“It is absolutely right, as the Prime Minister has said, that the future of the UK depends upon research, science and technology," Sir Paul said.

“Only by being a leading science nation can the UK drive a sustainable economy, increased productivity and generate societal benefits such as improved health care and protecting the environment.”

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Real estate tokenisation project

Dubai launched the pilot phase of its real estate tokenisation project last month.

The initiative focuses on converting real estate assets into digital tokens recorded on blockchain technology and helps in streamlining the process of buying, selling and investing, the Dubai Land Department said.

Dubai’s real estate tokenisation market is projected to reach Dh60 billion ($16.33 billion) by 2033, representing 7 per cent of the emirate’s total property transactions, according to the DLD.

Milestones on the road to union

1970

October 26: Bahrain withdraws from a proposal to create a federation of nine with the seven Trucial States and Qatar. 

December: Ahmed Al Suwaidi visits New York to discuss potential UN membership.

1971

March 1:  Alex Douglas Hume, Conservative foreign secretary confirms that Britain will leave the Gulf and “strongly supports” the creation of a Union of Arab Emirates.

July 12: Historic meeting at which Sheikh Zayed and Sheikh Rashid make a binding agreement to create what will become the UAE.

July 18: It is announced that the UAE will be formed from six emirates, with a proposed constitution signed. RAK is not yet part of the agreement.

August 6:  The fifth anniversary of Sheikh Zayed becoming Ruler of Abu Dhabi, with official celebrations deferred until later in the year.

August 15: Bahrain becomes independent.

September 3: Qatar becomes independent.

November 23-25: Meeting with Sheikh Zayed and Sheikh Rashid and senior British officials to fix December 2 as date of creation of the UAE.

November 29:  At 5.30pm Iranian forces seize the Greater and Lesser Tunbs by force.

November 30: Despite  a power sharing agreement, Tehran takes full control of Abu Musa. 

November 31: UK officials visit all six participating Emirates to formally end the Trucial States treaties

December 2: 11am, Dubai. New Supreme Council formally elects Sheikh Zayed as President. Treaty of Friendship signed with the UK. 11.30am. Flag raising ceremony at Union House and Al Manhal Palace in Abu Dhabi witnessed by Sheikh Khalifa, then Crown Prince of Abu Dhabi.

December 6: Arab League formally admits the UAE. The first British Ambassador presents his credentials to Sheikh Zayed.

December 9: UAE joins the United Nations.

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What can victims do?

Always use only regulated platforms

Stop all transactions and communication on suspicion

Save all evidence (screenshots, chat logs, transaction IDs)

Report to local authorities

Warn others to prevent further harm

Courtesy: Crystal Intelligence

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Favourite colour: Brown

Favourite Movie: Resident Evil

Hobbies: Painting, Cooking, Imitating Voices

Favourite food: Pizza

Trivia: Was the voice of three characters in the Emirati animation, Shaabiyat Al Cartoon

How Apple's credit card works

The Apple Card looks different from a traditional credit card — there's no number on the front and the users' name is etched in metal. The card expands the company's digital Apple Pay services, marrying the physical card to a virtual one and integrating both with the iPhone. Its attributes include quick sign-up, elimination of most fees, strong security protections and cash back.

What does it cost?

Apple says there are no fees associated with the card. That means no late fee, no annual fee, no international fee and no over-the-limit fees. It also said it aims to have among the lowest interest rates in the industry. Users must have an iPhone to use the card, which comes at a cost. But they will earn cash back on their purchases — 3 per cent on Apple purchases, 2 per cent on those with the virtual card and 1 per cent with the physical card. Apple says it is the only card to provide those rewards in real time, so that cash earned can be used immediately.

What will the interest rate be?

The card doesn't come out until summer but Apple has said that as of March, the variable annual percentage rate on the card could be anywhere from 13.24 per cent to 24.24 per cent based on creditworthiness. That's in line with the rest of the market, according to analysts

What about security? 

The physical card has no numbers so purchases are made with the embedded chip and the digital version lives in your Apple Wallet on your phone, where it's protected by fingerprints or facial recognition. That means that even if someone steals your phone, they won't be able to use the card to buy things.

Is it easy to use?

Apple says users will be able to sign up for the card in the Wallet app on their iPhone and begin using it almost immediately. It also tracks spending on the phone in a more user-friendly format, eliminating some of the gibberish that fills a traditional credit card statement. Plus it includes some budgeting tools, such as tracking spending and providing estimates of how much interest could be charged on a purchase to help people make an informed decision. 

* Associated Press 

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Updated: March 06, 2023, 12:01 AM