John Healey pledges to use budget to harness power of AI to bolster Britain's security
Chancellor of the Exchequer, John Healey, aims to harness the opportunities of AI to raise living standards and boost UK's economic growth. Chancellor of the Exchequer, John Healey, aims to harness the opportunities of AI to raise living standards and boost UK's economic growth. John Healey pledges to use budget to harness power of AI to bolster Britain's security Chancellor says government to commit hundreds of millions to develop'distinctively British' approach to AI John Healey has pledged to use Wednesday's budget to harness the power of artificial intelligence to bolster Britain's security and prosperity against the risks in the accelerating global technology arms race. As he prepares for his debut budget, the chancellor said that Andy Burnham's government would commit hundreds of millions of pounds to develop a "distinctively British" approach to AI that would capitalise on the benefits of the frontier technology. At a fork in the road as AI developments pose both existential threats and transformative economic potential, Healey said he would be making the biggest ever investment to guard against cyber risks and the disruptive potential of the technology.
Oct-24-2026, 05:00:24 GMT
- Country:
- Europe > United Kingdom (1.00)
- Industry:
- Banking & Finance > Economy (1.00)
- Information Technology (0.92)
- Leisure & Entertainment > Sports (0.72)
- Government > Regional Government
- Technology: