The Daily T Can We Be Great Again? Jeremy Hunt on why tech can save the British economy
Jul 11, 2025
Jeremy Hunt, former Chancellor and author, promotes the UK as a tech powerhouse. He discusses the need for regulatory reforms and investments in AI to drive economic growth. Claire Barclay from Microsoft shares insights on industry potential and necessary workforce skills. Rohan Silva emphasizes government support in the tech evolution, tackling concerns about job displacement and youth online safety. The trio debates the UK's innovative regulatory stance versus EU constraints, aiming for a balanced approach to harness technological advancements.
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UK's Growing Tech Powerhouse
- The UK can become the world's next Silicon Valley with bold regulatory reforms inspired by London's 1986 Big Bang.
- The UK tech ecosystem is now the third largest globally, valued over a trillion dollars as of 2022.
Invest in Adult Retraining
- Governments should invest heavily in adult skills and retraining to help workers adapt to AI-driven job changes.
- Reskilling and lifelong learning are essential as the labour market will become less predictable.
Prioritize Basic Education Skills
- Focus on improving basic skills like reading and maths, especially for those not attending university.
- These skills provide a foundation for lifelong learning and adapting to future jobs in a tech-driven economy.
