"Investment in British artificial intelligence (AI) companies surged to a record £2.9 billion last year, cementing the UK's position as a global hub for cutting-edge technology and innovation. New figures show the UK now ranks second only to the United States in attracting AI investment, ahead of both China and the rest of Europe. The milestone underlines Britain's emergence as one of the most attractive destinations worldwide for AI growth and commercialisation."
"More industries, from energy to financial services, are primed to adopt AI to boost productivity and economic growth. A new AI assurance roadmap, launched on 3 September 2025, will underpin the UK's strategy. It includes the development of a professional code of ethics, a skills and competencies framework, and a recertification scheme to guarantee AI systems are trustworthy, transparent and reliable. Officials said the initiative could add billions to the economy and create thousands of high-skilled jobs."
"AI systems are only as good as the data they're built on. Without clear data quality, structure and governance, investment risks being poured into systems that are opaque, biased, or unfit for purpose. Establishing clear data readiness frameworks is key to successful AI deployment."
Investment in British artificial intelligence companies rose to a record £2.9 billion last year, elevating the UK to second place globally for AI investment behind the United States. The Government pledged continued support for AI scale-ups through access to talent, stronger links between academia and industry, and a regulatory environment designed to encourage expansion. Technology Secretary Peter Kyle outlined plans to bolster the UK's sovereign AI capabilities while prioritising public trust. A new AI assurance roadmap launched on 3 September 2025 sets out a professional code of ethics, a skills and competencies framework, and a recertification scheme. Officials expect the initiative to add economic value and create thousands of high-skilled jobs, while industry leaders warned that poor data quality and limited talent could undermine progress.
Read at Business Matters
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