John Healey: “Whether it is the cost of business or the cost of living, the only way we deal with these in the long term is growth.”

It’s the bedrock for economic stability.

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

As G20 countries seek to make the most of AI opportunities, I’m determined Britain has a lead role in harnessing this technology to drive more jobs, better public services, and growth that’s UK-wide.

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