B

Baroness Lloyd of Effra (Lab)

Speaking in the House of Lords on 26 March 2026

Debate

AI Growth Lab

Contribution

Building on both noble Lords’ recent questions, we need to look across the whole of the economy. There will be a great amount of private investment going in, as well as investment from our public financial institutions. We are also thinking about how we can harness the benefit of sovereign AI here in the UK, and we are making a particular effort to think about where our sovereign AI fund is going to invest, so that the UK can benefit British frontier AI companies, not seeking total self-reliance but to build and defend comparative advantage.

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