‘I’m picking winners’: UK business secretary takes activist approach to economic growth
AI evangelist Peter Kyle wants to scale up businesses, attract overseas investors and look out for UK’s poorer regionsThe UK business secretary, Peter Kyle, has said he is “betting big” and “picking winners” as the government takes direct stakes in growing businesses to boost economic growth.Speaking at the World Economic Forum in Davos, where he and the chancellor, Rachel Reeves, have been talking up Britain’s prospects, Kyle said ministers were taking an “activist” approach to industrial policy. Continue reading...
AI evangelist Peter Kyle wants to scale up businesses, attract overseas investors and look out for UK’s poorer regions
The UK business secretary, Peter Kyle, has said he is “betting big” and “picking winners” as the government takes direct stakes in growing businesses to boost economic growth.
Speaking at the World Economic Forum in Davos, where he and the chancellor, Rachel Reeves, have been talking up Britain’s prospects, Kyle said ministers were taking an “activist” approach to industrial policy. Continue reading...
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