Lords Communications Committee publishes Government response to its scaleups report

Friday, 4 April 2025 13:50

The House of Lords Communications and Digital Committee has published the Government's responseto its report AI and creative technology scaleups: less talk, more action. The report, which was published in February, said the UK was at risk of becoming an ‘incubator economy': one where innovative AI and creative technology companies launch domestically, but move overseas or sell up to foreign investors as they grow and become profitable. The Committee called on the...Request free trial