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Bloomberg's Caroline Hepker, Stephen Carroll, Yuan Potts and Lizzy Burden have your daily guide to British politics. We'll tell you what's happening and explain why it matters.

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Bloomberg UK Politics: Small Fry for Chips

Bloomberg UK Politics

Small Fry for Chips

32:19

The UK government has published its long-awaited semiconductor strategy, with £1B earmarked for research and development over the next decade. But why are chips seen as the new oil and can the UK compete with the vast sums being pledged by other nations? Bloomberg's Thomas Seal and Tom Mackenzie explain everything you need to know about these electronic brains and why they've become a global hot commodity. Then industry experts Scott White, founder of Pragmatic, and Tech London Advocates' Russ Shaw weigh in on the government's plan. Hosted by Yuan Potts, Caroline Hepker & Lizzy Burden.

May 19, 2023