NHS and MoD will be urged to buy British tech to drive growth amid Iran crisis

AI Summary
Amidst economic concerns heightened by the Iran crisis and rising oil prices, the UK government, led by Chancellor Rachel Reeves, plans to boost growth by focusing on artificial intelligence (AI). Treasury minister Spencer Livermore announced that the government will urge the NHS and Ministry of Defence to prioritize purchasing British tech. Reeves will outline a strategy emphasizing closer ties with the EU, regional development, and investment in AI. A "rapid innovation procurement taskforce" will be established to expedite the adoption of new technologies within the government, specifically in defense and healthcare. This initiative aims to support homegrown tech firms and make the UK a faster adopter of AI, with the goal of stimulating economic growth and job creation.
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