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Reeves Unveils £1.5bn Tech Investment Plan Amid Brexit Debate and Opposition Criticism

The UK will launch a £500 million sovereign AI fund and invest up to £2 billion in quantum computing to accelerate innovation and economic growth, aiming for fastest AI adoption in the G7.

  • Chancellor Rachel Reeves aims to prevent British technology firms and scientists from moving abroad for profits, according to her statements to the BBC.
  • Reeves announced her focus on three growth areas for the UK: AI, national development, and stronger ties with the EU.
  • The tech investment plan includes a £1 billion programme for quantum computers, targeting the creation of advanced prototypes.
  • Reeves emphasized the importance of achieving rapid AI adoption, asserting that these announcements will create better opportunities for communities across the UK.
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Reeves to pledge ‘fastest AI adoption in G7’ and deeper ties with EU

The Chancellor will set out her ‘three big choices’ for growth as she delivers the annual Mais lecture in the City of London.

·London, United Kingdom
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Bloomberg broke the news in United States on Monday, March 16, 2026.
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