"In this changing world, Britain is not powerless. We can shape our own future. Our method is stability, investment and reform—through an active and strategic state. Today, I am making three big choices on the greatest growth opportunities for Britain in the decade to come: growth in every part of Britain, AI and innovation, and a deeper relationship with the EU."
"Our plan is clear. To build for growth, to champion innovation, and to make Britain the place where the industries of the future are created. And on AI, she will argue that Britain cannot afford to stand still in a world defined by technological change."
Chancellor Rachel Reeves is delivering the Mais Lecture at Bayes Business School, a prestigious platform for economic policy announcements. She will present three strategic priorities for UK economic growth: accelerating artificial intelligence and innovation adoption faster than G7 competitors, strengthening relationships with the European Union, and promoting regional growth across Britain. The government is committing £2.5 billion in funding for AI and quantum computing. Reeves emphasizes that Britain can shape its future through stability, investment, and reform via active state intervention. This follows her 2024 lecture warning of economic insecurity marked by stalling growth and global shocks.
#uk-economic-growth #artificial-intelligence-policy #eu-relations #regional-development #government-investment
Read at www.theguardian.com
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