John Healey: “For the first time we’re giving mayors a share of income tax so communities directly benefit when their economy grows.”

And so I’m here to work with international partner nations to deepen our economic resilience, to deliver good growth and also to give families and businesses just a bit of breathing space.

This first-of-its-kind competition will help make sure more of the benefits of AI are felt in every UK postcode.

What we can do is be an active, hands-on Government that puts British interests first – giving breathing space to those feeling financial strain and making our country more resilient so we can better weather these shocks in the future.

We build on that, but it is not easy. It is not easy in a world in which you see global conflict, increasing dangers.