Healey brings the cash
Parliament still wants a bill.
Happy Monday,
The Chancellor announced a £600m package to strengthen the country’s defences against bio and cyber threats, as well as support for home-grown AI companies over the weekend.
Yes, there is a Budget on Wednesday, but it also gives ministers plenty to talk about when they come under pressure in both Houses of Parliament today to bring forward AI legislation.
What if a great business idea felt less daunting to pursue?
AI is making it easier for entrepreneurs to turn ideas into businesses, helping with everything from building websites and creating content to managing everyday operations.
Shopify's data shows that businesses on its platform support 9.6 million jobs globally, including 479,000 in the UK.
For policymakers, it means economic growth doesn't just come from big businesses expanding, but from thousands more people being able to start something of their own.
Happening Today 📆
The Lords will see how far they can push frontier AI regulation through the Cyber Bill this afternoon. Before that, Luciana Berger has a question on AI tools in schools. In the Commons, MPs worried about AI safety have brought a debate on existential risk, while the Online Safety Network also has a call out today to bring AI chatbots into scope of the Online Safety Act. Much more on all this below.
