Reeves Pushes for AI, Quantum Tech Investment

0:00On March 17, Chancellor Rachel Reeves is pushing to keep top British tech companies and scientists from heading overseas for better opportunities. She's announcing a 2.5 billion-pound investment in quantum computing and artificial intelligence to spark economic growth and in this. Troubling trend and a speech to business leaders show highlight how closer links with the European Union and stronger regional partnerships will help lift the UK's sluggish economy. Her plans emphasize stability and an active governor role in key tech areas. Critics from the Conservatives accuse her of trying to undue Brexit by co-zing up to the EU again. They say many UK startups move to places like the United States due to limited local funding, a weaker London stock market and sweeter tax deals. A broad, meanwhile, global tensions from the conflict involving the US, Israel and Iran are driving up oil prices, raising fears of higher inflation. Reeves says decisions on Norse projects like Rosebank and Jack Daw are coming soon, while pushing for more UK EU energy ties to steady supplies.

1:07These steps aim to position Britain for the fastest AI rollout in the G7 group and create 100,000 jobs through quantum tech, setting the stage for long-term gains.