UK PM pledges to be ‘best state partner’ for AI companies as he faces ominous economic and political backdrop
Prime minister Sir Keir Starmer will on Monday promise to make Britain “the best state partner” for artificial intelligence companies in the world, as he tries to boost UK growth prospects against an ominous economic and political backdrop. Starmer, writing for the Financial Times, will claim Britain’s “values of democracy, open commerce and the rule of law” make the UK a natural location for AI companies to invest, and vows to sweep away planning restrictions and create new “AI growth zones”.
The survey found that a net 26 per cent of CFOs reported feeling more pessimistic about the prospects of their business than three months ago, marking the first time sentiment has tipped into negative territory since the second quarter of 2023. CFOs said that cutting costs would be their most likely response to Reeves’ £25bn rise in employer national insurance contributions.
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