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Artificial Intelligence: Innovation

Asked by Chris BlooreLabourDepartment for Science, Innovation and TechnologyTabled Answered 12 March 2026UIN 117508

The question

To ask the Secretary of State for Science, Innovation and Technology, what steps she is taking to encourage frontier artificial intelligence laboratories to establish significant operations in the United Kingdom, including through public co-investment and support for UK capital markets.

Answered by Kanishka Narayan

The UK is an excellent place for frontier artificial intelligence companies to expand operations, with a world leading R&D ecosystem which is home to four of the world’s top ten research institutions. These companies are already choosing to build in this country. For example, in February 2026 OpenAI announced that it is significantly expanding its presence in London, establishing the city as its largest research hub outside of the United States. Google DeepMind is also opening its first automated research lab in the UK this year.

The Government has also delivered an ambitious programme of reforms to make it easier for firms to list and raise capital on UK markets, this includes overhauling the Prospectus Regime and Listing Rules.

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