Artificial Intelligence

(asked on 29th August 2025) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what recent discussions she has had with international partners on the potential impact of artificial intelligence on the fiscal outlook.


Answered by
Emma Reynolds Portrait
Emma Reynolds
Secretary of State for Environment, Food and Rural Affairs
This question was answered on 4th September 2025

The Chancellor regularly discusses issues that impact the economic and fiscal outlook with international partners, including at the G7, G20, and other multilateral fora.

AI is set to be the most transformative technology of our time. The Government is taking decisive action to unlock its full potential across the economy, such as funding a twentyfold expansion of the UK’s AI Research Resource, establishing a new Sovereign AI Unit, and creating AI Growth Zones.

The Government will continue to work closely with international partners to realise our AI ambitions, including promoting interoperability across jurisdictions to more effectively harness AI’s growth and productivity potential.

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