Should the UK government be using taxpayer money to back private AI companies? 🤖
Jun 11, 2026
City AM’s Opinion & Features Editor Alys Denby shared her concerns on Business as Usual, questioning if ministers can truly make better investment decisions than the open market.
Reflecting on state-backed shortcomings like British Leyland and the procurement lessons of the Horizon Post Office scandal, she suggests that public sector intervention carries massive risks.
In a world where tech giants pour billions into AI, the government's £500m package is described as "peanuts."
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