Question to the Cabinet Office:

To ask His Majesty's Government what assessment they have made of the competitiveness of the United Kingdom as a destination for investment in artificial intelligence start-up companies.

The UK is one of the best destinations globally for investment in artificial intelligence start-up companies. In 2024 the UK’s AI sector generated £24 billion pounds worth of revenue while at the same time employing around 86,000 people. According to the Stanford AI Index, in 2025 the UK produced the second most AI startups globally, while also attracting the third highest levels of AI private investment. In April we also launched our Sovereign AI Fund, backed by up to £500 million, which will provide targeted Government support for high-potential UK start-ups and scaleups in areas of strategic national interest.