Businesses: Technology Debate
Full Debate: Read Full DebateDepartment: Department for Business, Energy and Industrial Strategy
Viscount Ridley
Main Page: Viscount Ridley (Conservative - Excepted Hereditary)Department Debates - View all Viscount Ridley's debates with the Department for Business, Energy and Industrial Strategy
(5 years ago)
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Lord Henley
The noble Lord takes me slightly wider than the original Question. Again, it is a sign of the success of the university sector that it attracts people paying large fees into universities, to the benefit of those universities and of this country. I hope that universities will then be able to consider expanding those courses.
Viscount Ridley (Con)
My Lords, is my noble friend aware of just how highly respected the UK artificial intelligence sector is around the world in not just research but application? It is generally trusted more than both China and the United States, and has a stronger digital industry than both Germany and France. Can the Government give something of a lead to this nascent industry through their procurement policies?
Lord Henley
My Lords, that will certainly be considered. In one of my earlier answers I referred to the AI sector deal, but I can also refer to the fintech sector strategy launched a year ago by my right honourable friend the Chancellor. Again, it set out our commitment to that sector remaining the leading centre for fintech.