Lord Ranger of Northwood (Con)

My Lords, as we know, and as I have said quite often in this House, the UK AI sector for SMEs is booming. Thousands of new businesses have set up in the UK over the last few years, and the UK can be p

My Lords, I will make my first contribution to this Bill. This is also one of my first in Committee, so I beg noble Lords’ forgiveness for any errors I will make. I do not have vast experience in the

My Lords, perhaps I could highlight that the biggest challenge I see is not just initial funding. We welcome what the sovereign AI fund will do to provide compute and help commercialisation at a start

My Lords, I, too, congratulate the noble Lord, Lord Hobby, my noble friend Lord Blackwater, the noble Baroness, Lady Leaman, and the noble Lord, Lord Dixon, on their superb maiden speeches. May I now

My Lords, I thank the Minister for that Answer. I welcome the support and the need for regulation of new challenger banks—and all banks—but, in my career of delivering public services with innovation,

To ask His Majesty’s Government what assessment they have made of how online challenger banks assess and process new applications for accounts.