Mar 17 • 09:54 UTC 🇬🇧 UK Guardian

Rachel Reeves to call for rapid AI adoption and deeper ties with EU to boost growth – business live

UK Chancellor Rachel Reeves is set to deliver a significant speech advocating for rapid artificial intelligence adoption and strengthening ties with the EU to foster economic growth amid current challenges.

UK Chancellor Rachel Reeves is poised to address the pressing need for enhanced artificial intelligence integration and improved relationships with the European Union as strategies to revitalize the UK economy, particularly in light of current geopolitical tensions. Scheduled to speak at the prestigious Mais Lecture in London, Reeves is expected to highlight innovation, stronger European connections, and regional development as vital components for future economic growth. This address comes during a turbulent economic landscape, where the UK faces energy shocks and political instability stemming from conflicts like the Iran war.

The Mais Lecture is a significant platform for leaders in finance and governance, allowing them to articulate their economic philosophies and strategies in front of an influential audience. This will be Reeves' second appearance at the event, having previously warned in 2024 about the dangers of 'stagnating growth' and deteriorating living standards. In her upcoming speech, she is anticipated to outline how embracing AI technology could create new opportunities, drive efficiency, and position the UK as a leader in tech innovation.

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