ReferIndia News UK finance minister seeks AI, quantum funding boost as part of EU trade ties

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UK finance minister seeks AI, quantum funding boost as part of EU trade ties

Published on: March 17, 2026, 9:33 p.m. | Source: The Economic Times

Britain's Finance Minister Rachel Reeves announced plans for closer alignment with the European Union on business rules. The government will also significantly increase funding for artificial intelligence and quantum computing. These initiatives aim to stimulate economic growth and support future industries. The focus is on strategic investment and reducing trade barriers with European neighbours.

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