Question to the HM Treasury:

To ask the Chancellor of the Exchequer, if she will make it her policy to introduce (a) fiscal and (b) regulatory measures to mitigate the potential impact of the adoption of AI on employment.

The Government is implementing all the recommendations from the AI Opportunities Action Plan to ensure we shape AI to deliver productivity gains, rising living standards, and improved worker wellbeing, while mitigating the risks.

By becoming the best place in Europe to start and grow a tech company—powered by our leadership in AI—we are unlocking new opportunities for innovation, investment, and workforce development. This means helping people build world-class skills and rewarding careers in a thriving, future-facing economy.

As part of this, we have secured a partnership with leading tech firms to deliver AI skills training to 7.5 million UK workers by 2030, to help workers transition into new roles created by AI and automation.