technology

UK Technology Secretary Pledges Increased Support for AI Sector

12 Haziran 2026Bllomberg

Technology Secretary Liz Kendall has announced that the UK’s Labour government will enhance support for the artificial intelligence sector. During an interview with Bloomberg TV at London Tech Week, she emphasized the need to drive institutional funds into British tech companies.
The government plans to implement legal reforms aimed at unlocking investments from pension funds into UK firms.
The UK has been striving to establish itself as a leader in the AI industry, competing with other tech hubs around the world. The government's proactive stance on investment could be a response to the growing demand for AI technologies and the need for substantial funding to support their development.
Kendall's commitment to reforming pension fund regulations could significantly reshape the funding landscape for the UK tech sector, particularly in AI. By facilitating greater investment, the government may not only bolster domestic innovation but also position the UK as a competitive player in the global AI market.

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This article is based on information from Bloomberg and reflects the views of the Technology Secretary.

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