‘I’m picking winners’: UK business secretary takes activist approach to economic growth
by Heather Stewart in Davos from Technology | The Guardian on (#731Q1)
AI evangelist Peter Kyle wants to scale up businesses, attract overseas investors and look out for UK's poorer regions
The UK business secretary, Peter Kyle, has said he is betting big" and picking winners" as the government takes direct stakes in growing businesses to boost economic growth.
Speaking at the World Economic Forum in Davos, where he and the chancellor, Rachel Reeves, have been talking up Britain's prospects, Kyle said ministers were taking an activist" approach to industrial policy.
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