Published: October 27, 2025 at 9:02 am
Secretary of State for Business and Trade, Peter Kyle MP, has promised to use the power of AI and accelerate deregulation to unlock economic growth in one of his first major speeches following his recent promotion to the Cabinet.
Speaking with 200 technology leaders on Friday morning at The University of Sussex at the UKAI conference, Kyle outlined his vision for driving growth through innovation.
Comparing government to running a business, Kyle said that the route to getting out of the financial crisis was for the UK to innovate its way out.
“Look at Apple when they re-hired Steve Jobs….they were 90 days for insolvency… he didn’t just sit down and say what they can’t do… he threw everything at it,” he said.