NHS and MoD will be urged to buy British tech to drive growth amid Iran crisis

NHS and MoD will be urged to buy British tech to drive growth amid Iran crisis

Here's something that might surprise you — Britain's NHS and Ministry of Defence are being urged to buy more British-made tech. Why? Because the government sees AI as a real game-changer for driving growth, especially now, with global tensions like the Iran crisis adding pressure. According to Heather Stewart, writing in The Guardian, Treasury minister Spencer Livermore emphasizes that boosting domestic tech could help shield the economy from inflation spikes caused by rising oil prices. And get this — Rachel Reeves, the chancellor, is planning a big speech to reaffirm her focus on using AI to stimulate the economy. It’s like the government is betting on innovation, hoping that investing in home-grown tech will create jobs and strengthen Britain’s place in the world. But here’s where it gets interesting — this move isn’t just about economic growth. It’s also about asserting independence and resilience in uncertain times. As Heather points out, all eyes are on how AI can help the UK navigate these turbulent waters.

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Treasury minister Spencer Livermore trails new strategy as chancellor pins hopes on benefits of AI amid global uncertainty

The NHS and Ministry of Defence will be urged to buy British tech, as the government pins its hopes on the benefits of artificial intelligence to kickstart growth in the face of the Iran crisis, Treasury minister Spencer Livermore has said.

The chancellor, Rachel Reeves, will restate her economic strategy in a high profile lecture on Tuesday, just as rocketing oil prices have raised fears of higher inflation and weaker growth.

Continue reading...
Audio Transcript

5000.jpg?width=1200&height=630&quality=8

Treasury minister Spencer Livermore trails new strategy as chancellor pins hopes on benefits of AI amid global uncertainty

The NHS and Ministry of Defence will be urged to buy British tech, as the government pins its hopes on the benefits of artificial intelligence to kickstart growth in the face of the Iran crisis, Treasury minister Spencer Livermore has said.

The chancellor, Rachel Reeves, will restate her economic strategy in a high profile lecture on Tuesday, just as rocketing oil prices have raised fears of higher inflation and weaker growth.

Continue reading...
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