Keir Starmer gives full backing to Rachel Reeves as he claims AI can double UK productivity in a few years

Keir Starmer gives full backing to Rachel Reeves as he claims AI can double UK productivity in a few years
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Keir Starmer gives full backing to Rachel Reeves as he claims AI can double UK productivity in a few years
Author: Nicholas Cecil
Published: Jan, 13 2025 13:24

Summary at a Glance

Keir Starmer gives full backing to Rachel Reeves as he claims AI can double UK productivity in a few years Sir Keir Starmer gave his full backing to Chancellor Rachel Reeves despite the UK’s economic woes and claimed productivity could be doubled by AI in less than five years.

“Rachel Reeves is doing a fantastic job, she has my full confidence and she has the full confidence of the entire party,” he said after a keynote speech at Google’s AI campus in London.

He insisted that the Chancellor was doing a “fantastic job” despite the controversy over her autumn Budget and the Pound falling further in value on Monday, with the cost of Government borrowing hitting a new high.

The Tories deny they left a £20 billion black hole in the public finances and say they handed over the wider economy to the new Labour government in a good state.

But the economy is currently flatlining with dark clouds in recent days from Sterling’s drop in value and the cost of UK borrowing rising which will hit the public finances.

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