Written Question·Treasury·UIN 115377

Financial Services: Advisory Services

Tabled: 24 February 2026
Answered: 4 March 2026

Question

Mark Garnier

ConservativeWyre Forest

To ask the Chancellor of the Exchequer, what assessment she has made of trends in the level of the use of AI technologies in financial advice by (a) consumers and (b) industry.

Answer

Lucy Rigby
The government believes that the safe and effective adoption of artificial intelligence (AI) in financial services is a major strategic opportunity, with the potential to power growth across the UK. As set out in the Government’s Financial Services Growth...

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