(2 days, 11 hours ago)
Commons ChamberI call the Chair of the Science, Innovation and Technology Committee.
I welcome the Government embracing AI and the Secretary of State’s leadership in accepting every single one of Matt Clifford’s recommendations —I hope he will be as receptive in accepting the recommendations of my Committee. Does the Secretary of State agree that those who say this plan is irrelevant to the challenges of economic growth in public sector financing that we are facing fundamentally misunderstand the nature of the opportunities that AI represents, its presence everywhere in our lives already, the frenetic pace of its implementation and its ability to drive growth? Most importantly, however, they misunderstand the nature of business confidence. Having a Government who understand how to drive these opportunities into every home, business and public sector service in the land is a reason for business confidence.
I am extremely grateful to my hon. Friend for her comments and for the service of her Committee. It was a privilege to go before her Committee so soon after its formation, and I look forward to engaging in the future. She is completely right. We hear a lot about business confidence and the words that come out of certain parts of the business community, but today, they have voted with their investment. We have announced an additional £14 billion and the creation of up to 13,000 jobs as a result of today’s investment—that is business showing confidence in this Government. Of course, for many of the schemes announced today, the policies will deliver into the short, medium and long term. Together with our regulatory innovation office and our planning reforms, that investment will mean that shovels go into the ground quickly, and the jobs and wealth that will be created by it will start paying dividends very soon.