John Healey: “By 2030, well over half of Nato members will be spending 3% or more. And when allies are looking for British leadership…”

Conflict and uncertainty increases inflation, threatens growth and pushes up costs for businesses and governments alike.

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

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

I know people are worried about the impact of the conflict in the Middle East on their cost of living, which has been too high for too long and it has added pressure on British businesses.