(1 month ago)
Commons ChamberI agree with my hon. Friend that educational institutes are crucial to innovation. Halesowen college is one of five colleges across the region using the further education and innovation fund to support innovation and technical excellence within the local community. Such facilities and expertise will help businesses to develop a workforce with skills and take advantage of that. I would be delighted to visit the Trinity Point college if the opportunity arises.
Increasing levels of innovation across the UK are crucial to unlocking growth and solving some of our biggest problems. That is why I was worried to read about the Secretary of State saying that we have to apply “a sense of statecraft” to working with multinational tech companies. Does the Minister agree that what we should be doing is working with such companies as companies, not states, focusing on increasing healthy competition and supporting innovative UK businesses so that they are not left with the choice of being bought up or leaving the UK?
(2 months, 1 week ago)
Commons ChamberFollowing the successful investment in Rolls-Royce’s technology and logistics centre, what is the Minister doing to get more investment into my Bognor Regis and Littlehampton constituency?
I am not sure that Rolls-Royce fits into a question on life sciences. Does the Minister have an answer?
I thank the hon. Member for her question. She will have seen from the investment summit earlier this week that there is huge interest from a number of companies in investing in the UK, and there is huge support from this Government for those companies that wish to invest.
I thank my hon. Friend for her question and for all the work that she does to encourage more women into tech. It is great to know that the tech world is full not just of “tech bros”, but quite a lot of tech sisters as well. We are committed to building on the UK’s success as a global AI leader, and the upcoming AI action plan demonstrates that commitment to ensure the safe development of AI models by introducing binding regulation on a handful of companies developing the most powerful AI systems, fostering trust in those technologies. We will also continue—