MPs explore how to expand quantum computing in business

archy13 – stock.adobe.com

Commons Science and Technology Committee is looking for evidence of where the UK’s new quantum strategy needs improvement

Cliff Saran

By

Published: 21 Mar 2023 16:45

The Department for Science, Innovation and Technology has begun a consultation following on from Chancellor of the Exchequer Jeremy Hunt’s £2.5bn funding for quantum technologies.

The National quantum strategy sets out the UK’s vision to become a world-leading quantum-enabled economy by 2033, and in its introduction, Michelle Donelan, secretary of state for science, innovation and technology, said: “The 10-year plan will fund new frontiers of quantum research, support and develop our growing quantum sector, prepare our wider economy for the quantum revolution and ensure the UK leads internationally in the regulation and ethical use of quantum technologies.

“We will make the UK the home for cutting-edge scientific breakthroughs, the best place in the world to start and grow a quantum business, a leading voice in the international quantum and tech community, and a magnet for international quantum talent,” she said.

The Commons Science and Technology Committee has now posted a call for evidence, looking at what support the sector needs to achieve commercialisation of quantum technologies and what interventions are required from the government to drive the success of the UK’s quantum technologies sector.

Greg Clark, chair of the Science and Technology Committee, said: “The government has identified quantum as of strategic importance to the UK. We currently punch above our weight in developing quantum technologies, but face fierce competition.”

He added that the committee wants to explore the barriers to turning breakthroughs in the world of quantum mechanics into the next generation of computers and communications.

The committee has asked experts to submit comments by 28 April, focusing on whether the UK’s quantum strategy is fit for purpose; the strengths and weaknesses of the UK National Quantum Technologies Programme and how this has shaped the UK quantum industry, and what intervention from government and academia is needed to drive commercialisation.

Speaking on the BBC’s Today programme, Arm co-founder Jamie Urquhart said: “I think it’s welcomed that the government is now starting to really focus on the technologies that might be commercially useful.”

He added that while the £2.5bn pot appears to be aimed at research and academia, the UK needs to fund and scale existing quantum companies. While the funding and signals from the government are welcoming signs, he questioned the details about how exactly this funding would be allocated, as well as its impact. “Rather than just trying to measure it on moving science forward, we need to measure it on whether it actually delivers something that has value,” said Urquhart.

The government will be looking for industrial partners to bolster the £2.5bn of public funding. However, the UK’s announced contribution looks significantly smaller when compared with other countries developing quantum computing capabilities. In September 2022, McKinsey reported that significant government funding in China has helped accelerate scientific progress and the development of quantum technologies.

As part of its 14th five-year plan for quantum technology (2021–2025), McKinsey said that China’s public funding was more than double the investments by EU governments ($15.3bn compared with $7.2bn). Over the course of five years, the UK government’s funding works out at £1.25bn (or $1.5bn), which is lower than the announced funding for the US ($1.9bn) and Japan ($1.7bn).

The government is likely to get a broad range of view on what the UK needs to do. Steve Brierley, a member of the UK government’s Quantum Computing Expert Group and CEO and founder of Riverlane, said the UK can make advances in the semiconductors that control quantum circuits.

“The chips are where the classical control electronics exist,” he said. “Leadership in the middle layer of the quantum stack is a smart investment for the UK government and where our existing quantum and semiconductor expertise lies. Every quantum computer (regardless of its hardware or application layers) needs this middle layer to operate, and the UK will be able to meet the global demand by designing and holding the IP for the chips to power every quantum computer in the world. If we also develop the leading quantum hardware in tangent, we could win twice.

“If the UK owns the critical, middle layer of the quantum computing stack, then this represents a significant market opportunity,” said Brierley. “Simply put, without the quantum middle layer, the world cannot unlock the revolutionary applications (and economic advantages) that quantum computers could provide.”

Read more on IT innovation, research and development

Read More
Rubi Mote

Latest

Key Benefits of Operational Efficiency Consulting

If you want to improve your organization’s efficiency, consider operational efficiency consulting. Start by evaluating your current workflows and identifying bottlenecks. Engage with your team to gather insights and perspectives. Next, focus on tailored strategies that reduce costs, like automation tools or streamlined processes. By boosting employee morale and satisfaction, you can also enhance productivity.

Top 5 Business Intelligence Tools

If you’re looking to enhance your organization’s data-driven decisions, knowing the top business intelligence tools in 2026 is essential. Microsoft Power BI, Tableau, Qlik Sense, Looker, and Sisense each offer unique strengths that can fit your specific needs. To find the right tool for your team, consider their features, pros, and cons. Next, evaluate how

What Is Your Business’s Owner Structure?

Comprehending your business’s owner structure is vital for maneuvering legal obligations and financial responsibilities. Each structure, whether a sole proprietorship, partnership, LLC, or corporation, has distinct advantages and drawbacks that can greatly influence your operations. Choosing the right one is not just about immediate needs; it can affect your future growth and personal liability. So

Could Jed York Lose the 49ers? Legal Experts Explain What the NFL Owner’s Plea Means

Please enable JS and disable any ad blocker

Newsletter

Don't miss

Key Benefits of Operational Efficiency Consulting

If you want to improve your organization’s efficiency, consider operational efficiency consulting. Start by evaluating your current workflows and identifying bottlenecks. Engage with your team to gather insights and perspectives. Next, focus on tailored strategies that reduce costs, like automation tools or streamlined processes. By boosting employee morale and satisfaction, you can also enhance productivity.

Top 5 Business Intelligence Tools

If you’re looking to enhance your organization’s data-driven decisions, knowing the top business intelligence tools in 2026 is essential. Microsoft Power BI, Tableau, Qlik Sense, Looker, and Sisense each offer unique strengths that can fit your specific needs. To find the right tool for your team, consider their features, pros, and cons. Next, evaluate how

What Is Your Business’s Owner Structure?

Comprehending your business’s owner structure is vital for maneuvering legal obligations and financial responsibilities. Each structure, whether a sole proprietorship, partnership, LLC, or corporation, has distinct advantages and drawbacks that can greatly influence your operations. Choosing the right one is not just about immediate needs; it can affect your future growth and personal liability. So

Could Jed York Lose the 49ers? Legal Experts Explain What the NFL Owner’s Plea Means

Please enable JS and disable any ad blocker

Experts update mortgage rate, housing market forecast

Please enable JS and disable any ad blocker

Global Business Travel Spending to Hit Record $1.71 Trillion in 2026, While Trips Reach 1.84 Billion, Says GBTA Forecast

In Brief: GBTA’s latest Business Travel Index report shows spending gains driven by higher prices as geopolitical uncertainty and transportation pressures weigh on the outlook Global Business Travel Spending to Hit Record $1.71 Trillion in 2026, While Trips Reach 1.84 Billion, Says GBTA Forecast - Image Credit Unsplash+    Global business travel spending is forecast to

Boulevard Business Park: Saudi Arabia’s Bold Bet on Mixed-Use Development

Boulevard Business Park Saudi Arabia has marked another milestone in its urban and entertainment transformation with the completion of the Kingdom’s first entertainment-focused business park and corporate resort. This remarkable achievement reflects a new approach to commercial development that thoughtfully blends business, hospitality and leisure within a single destination. More Than an Office Park Located

How Chaoshan Business Was Built on Morals, Not Contracts

This is the second article in a series on China's southern Chaoshan region, exploring the history, culture, and identities behind its recent resurgence in the spotlight. Read Part 1. In the Chinatowns of early 20th-century Bangkok, Chinese laborers who had just collected their wages would make their way to the qiaopiju, a private institution that