Varun Chandra's Appointment: UK's Tech Policy Steering Role

Varun Chandra has been appointed as Number 10's business advisor under Rishi Sunak's leadership. This appointment marks a critical juncture for the UK's technology policy framework. Chandra, who previously focused on post-Brexit trade deals and digital economy, will now shape the UK's approach to reducing China dependency in semiconductor supply chains. The move is seen as a significant step in UK's collaboration with the US and Europe. Markets may react positively to the potential for enhanced tech sovereignty, given Chandra's extensive experience.