Category: Speeches

  • Peter Kyle – 2025 Speech at CityWeek 2025

    Peter Kyle – 2025 Speech at CityWeek 2025

    The speech made by Peter Kyle, the Secretary of State for Science, Innovation and Technology, on 1 July 2025.

    Last week, I represented the British government on a trip to Singapore.

    I was there to celebrate 60 years of partnership between our 2 countries.

    And drum up investment into British technology.

    It was my first time in Singapore.

    And it struck me that it’s a place that has mastered the art of reinvention.

    From traditional fishing village to global financial centre.

    Small trading post to one of the most competitive economies in the world.

    An economy that, like ours, knows that the key to staying competitive is being squarely focussed on the future.

    It’s a similar idea that brings us together today.

    Because this is a sector that’s also defined by an ability to reinvent itself.

    Where centuries-old banks have had to rip up the playbook.

    To compete with nimble, digital-first firms.

    And where new technologies have made the way you work unrecognisable from how it once was.

    One of my first proper jobs was in a finance team.

    It was 1989, and I worked in the purchase ledger at The Body Shop – a hero of the British high street at the time.

    I matched goods that came in with invoices.

    And inputted all of that into an arcane mainframe computer.

    I’m sure quite a few of you will remember those days.

    And the change after change you’ve seen your institutions through since.

    Because before PIN codes, there was paper.

    Before blockchain, there were books of accounts that landed with a thud on the desk.

    Before cashless, there was ‘Cashier number 3 please’.

    These are changes that financial services firms have not just weathered, but pioneered.

    To keep this sector as the engine of economic growth it truly is.

    And to keep creating products that improve the lives of working people.

    Over the past few years, another change has rippled through the sector:

    AI has reshaped what’s possible.

    And there’s not a sector of our economy it will leave untouched.

    There’s a simple difference between this change and those that came before:

    Sheer speed.

    In past waves of transformation, industry and the state alike could afford to dip a toe in.

    To spend a few years seeing how the water feels.

    This time, we need to jump.

    Since joining government, I’ve been clear that the UK will not be swept along as others lead the AI revolution.

    We’ll shape that revolution here.

    6 months ago, we launched the AI Opportunities Action Plan.

    Setting out how the UK will seize the massive potential for economic growth that AI offers us.

    Growth that’s at the heart of our Plan for Change.

    Since that launch, we’ve opened up applications for areas in the UK to become AI Growth Zones – hotspots of AI infrastructure and investment.

    And had over 200 responses.

    The full weight of government is behind the plan.

    With the Chancellor announcing £2 billion to deliver it, as part of the Spending Review.

    And a Modern Industrial Strategy that doubles down on our commitment to AI

    …as one of the 6 frontier technologies our digital and tech sector plan focusses on.

    Crucial to that plan is adoption.

    Because talking about the power of AI to grow the economy is all well and good.

    But unless companies use it, that growth only exists in theory.

    Not in practice.

    Financial services is at the front of the pack here.

    Around 3 quarters of firms surveyed by the Bank of England the Financial Conduct Authority (FCA) already use AI.

    That’s the 3rd highest rate of adoption across the economy.

    That doesn’t surprise me in the slightest.

    The UK led the world in open banking.

    We led the world in near-instant digital payments.

    And our reputation in fintech is second-to-none.

    The most valuable private tech company in Europe is Revolut, a British fintech.

    Our fintech crown is one I’m infinitely proud of.

    If we’re to hold on to it, you need a government that continues to back you.

    That doesn’t just call for you to keep exploring new technologies.

    But actively enables you to do it.

    When I talk to firms about adoption, they tell me about 2 barriers more than any other.

    A lack of skills.

    And finding their way through a web of complex regulation.

    On skills, we’re partnering with 11 major tech companies to train 7.5 million workers in the UK with essential AI skills by the end of this decade.

    So that a lack of expertise will never put a ceiling on what you can do.

    Regulation shouldn’t be that ceiling, either.

    In her Mansion House speech last year, the Chancellor set out a vision:

    For a regulatory environment that cares about managing the burden we put on businesses.

    Since then, she’s launched a radical action plan on regulation to kickstart growth.

    My part in that is making sure we ease the burden on businesses when it comes to adopting emerging tech.

    About 9 months ago, I launched the Regulatory Innovation Office.

    A dedicated unit to curb red tape.

    And get game-changing tech into the public’s hands quickly and safely.

    It’s already delivered results.

    Apian, a British start-up founded by NHS doctors, is now freed up to use drones to take blood samples from Guy’s Hospital in London Bridge, over to a lab in St. Thomas’ for testing.

    Before the NHS had the okay to work with them, those samples were carted over in vans.

    The journey took around half an hour.

    More if they were snarled up in traffic.

    After support from Regulatory Innovation Office (RIO) and the Civil Aviation Authority (CAA), each delivery now takes just 2 minutes.

    Beds are freed up faster.

    NHS waiting lists go down.

    And a crucial difference is made for patients where every second counts.

    Thanks to RIO’s close work with regulators, companies have made advances like these in fields like space or engineering biology, too.

    But I want more sectors to benefit from the breath of fresh air it offers.

    Instead of being stifled by a blanket of bureaucracy.

    So, today, I can announce that RIO is joining forces with digital regulators.

    To consolidate a labyrinth of regulation, and make it easier for innovators to bring AI products to market quickly and easily.

    This marks a significant boost for fintechs.

    Right now, your efforts to use emerging tech can get mired in a lack of clarity.

    Because there’s no single port of call on what you can do with AI.

    You’re left going from regulator to regulator, picking your way through different sets of rules.

    For start-ups and scale-ups without big legal teams, that’s nigh-on impossible to navigate.

    And for bigger banks and firms, it’s days of productivity sunk.

    Now, RIO is teaming up to the Digital Regulation Cooperation Forum (DRCF).

    To bring all of that guidance together into a one-stop shop.

    A digital library that lets you quickly search for answers.

    These are changes that firms of all shapes and sizes can take advantage of.

    Up-and-coming fintechs to household-name banks will go from idea to impact faster:

    Using AI to spot credit card fraud hours before humans can alone.

    To get instant answers to your customers.

    To analyse stocks, so people can get more out of their investments.

    We’re clearing the path for you to harness AI to stay ahead of the game.

    And to make people’s lives fundamentally better.

    Because I know this is a sector that will keep reinventing itself.

    Just as I know that AI will continue to bring profound, positive change to the UK.

    With the right backing on adoption…

    Access to skills…

    And clarity on regulation…

    We’ll make sure that this isn’t just a change that fintechs and banks are part of.

    But a change that you lead.

  • Post Office Horizon IT Inquiry – First Report

    Post Office Horizon IT Inquiry – First Report

    The first report of the Post Office Horizon IT Inquiry, published on 8 July 2025.

    Text of Report Volume 1 (in .pdf format)

  • Nadhim Zahawi – 2025 Comments Following the Death of Norman Tebbit

    Nadhim Zahawi – 2025 Comments Following the Death of Norman Tebbit

    The comments made by Nadhim Zahawi, the former Chancellor of the Exchequer, on 8 July 2025.

    Rest in eternal peace great man. Norman Tebbit was a giant of Conservative politics & Conservative ideals. A man who looked after his beloved wife beautifully after the horrific terror attack by the IRA. A man who nurtured and befriended young conservatives like me. He was great company on a weekend in the country. RIP.

  • Priti Patel – 2025 Comments Following the Death of Norman Tebbit

    Priti Patel – 2025 Comments Following the Death of Norman Tebbit

    The comments made by Priti Patel, the former Home Secretary, on 8 July 2025.

    Lord Tebbit was a giant of the Conservative Party and British politics. He was a man devoted to promoting freedom and liberty and gave a lifetime of service to our country in the RAF and in Parliament. His formidable record in Government promoting trade, industry and job creation helped lift our country’s economic fortunes and is a legacy to be proud of. Norman spent his life promoting our values and through adversary and challenge, he always displayed great courage.

    It was a privilege to know Norman and receive his support and advice.

    He will be greatly missed and my thoughts and prayers are with his family and loved ones. May he rest in peace and be reunited with his dear wife.

  • Boris Johnson – 2025 Comments Following the Death of Norman Tebbit

    Boris Johnson – 2025 Comments Following the Death of Norman Tebbit

    The comments made by Boris Johnson, the former Prime Minister, on 8 July 2025.

    Norman Tebbit was a hero of modern Conservatism. In the early 1980s he liberated the British workforce from the socialist tyranny of the closed shop. He tamed the union bosses, and in so doing he helped pave the way for this country’s revival in the 1980s and 1990s.

    At a time when the Labour government is now disastrously reversing those crucial reforms we need to remember what he did and why. In his single most famous phrase he once said that in the 1930s his unemployed father had got on his bike and looked for work. That wasn’t a heartless thing to say – as the Labour Party claimed. It was because he believed in thrift and energy and self-reliance. It was because he rejected a culture of easy entitlement.

    We mourn the passing of a great patriot, a great Conservative – and today more than ever we need to restore the values of Norman Tebbit to our politics.

  • Rishi Sunak – 2025 Comments Following the Death of Norman Tebbit

    Rishi Sunak – 2025 Comments Following the Death of Norman Tebbit

    The comments made by Rishi Sunak, the former Prime Minister, on 8 July 2025.

    Saddened to hear of the passing of Lord Tebbit.

    He was a titan of Conservative politics whose resilience, conviction and service left a lasting mark on our party and our country. My thoughts are with his family and all those who knew him.

  • Kemi Badenoch – 2025 Comments Following the Death of Norman Tebbit

    Kemi Badenoch – 2025 Comments Following the Death of Norman Tebbit

    The comments made by Kemi Badenoch, the Leader of the Conservative Party, on 8 July 2025.

    Our Conservative family mourns the loss of Lord Tebbit today and I send my sincerest condolences to his loved ones.

    Norman Tebbit was an icon in British politics and his death will cause sadness across the political spectrum.

    He was one of the leading exponents of the philosophy we now know as Thatcherism and his unstinting service in the pursuit of improving our country should be held up as an inspiration to all Conservatives.

    As a minister in Mrs Thatcher’s administration he was one of the main agents of the transformation of our country, notably in taming the trade unions.

    But to many of us it was the stoicism and courage he showed in the face of terrorism which inspired us as he rebuilt his political career after suffering terrible injuries in the Brighton bomb, and cared selflessly for his wife Margaret, who was gravely disabled in the bombing – a reminder that he was first and foremost a family man who always held true to his principles.

    He never buckled under pressure and he never compromised.

    Our nation has lost one of its very best today and I speak for all the Conservative family and beyond in recognising Lord Tebbit’s enormous intellect and profound sense of duty to his country.

    May he rest in peace.

  • Keir Starmer – 2025 Comments on 20th Anniversary of 7/7 Terrorism

    Keir Starmer – 2025 Comments on 20th Anniversary of 7/7 Terrorism

    The comments made by Keir Starmer, the Prime Minister, on 7 July 2025.

    Today, we honour those who lost their lives on 7th July, 20 years ago, and pay tribute to the responders who ran towards danger.
    We stood together then. We stand together now.
  • Lee Anderson – 2025 Statement on Suspension of James McMurdock

    Lee Anderson – 2025 Statement on Suspension of James McMurdock

    The statement made by Lee Anderson, the Chief Whip of Reform, on 5 July 2025.

    I have today received a call from James McMurdock who has advised me, as Chief Whip, that he has removed the party whip from himself pending the outcome of an investigation into allegations that are likely to be published by a national newspaper.

    The allegations relate to business propriety during the pandemic and before he became an MP.

    At Reform UK we take these matters very seriously and James has agreed to cooperate in full with any investigation.

    We will not be commenting further at this moment.

  • Dawn Butler – 2025 Speech on Mobile Phone Theft

    Dawn Butler – 2025 Speech on Mobile Phone Theft

    The speech made by Dawn Butler, the Labour MP for Brent East, in the House of Commons on 3 July 2025.

    I beg to move,

    That this House has considered the matter of mobile phone theft.

    I thank the Backbench Business Committee for ensuring that we could have this important debate today. I know that there are many MPs who would have loved to be here today and who have suffered mobile phone thefts.

    Ten years ago my bag was stolen when I was at a conference in a Westminster hotel. I used geo tracking and saw it moving slowly over the bridge. I called the police, but they were not interested—as I say, it was 10 years ago. Somebody at the conference had a car, and in true “Starsky and Hutch” style we used it to chase down the thieves. We noticed as we were travelling alongside them that we were probably going to make them very suspicious, so we went ahead of them and stopped. This is probably a lot of detail, but we then pretended to kiss as the thieves walked towards us. I called the police again to tell them that we were about to apprehend the thieves and retrieve my phone. The police then arrived, and when they jumped out of the van we jumped out of the car. The thieves had about 20 mobile phones on them. I recovered my bag and, although they had dumped my stuff along the way, I got all my stuff back. But the thing is, that was 10 years ago, and things have moved on—people understand that there is “Find my phone”, as do the police, so we know that we can recover stolen phones—so now is the time to prioritise this type of theft, which is making our streets less safe. Tourists are being targeted.

    I know that the Home Secretary has had a roundtable with mobile phone companies and with the Mayor of London, but if the companies will not take this problem as seriously as they should, we need to force them to do that by law. I went to a good briefing on the Metropolitan police’s Operation Reckoning, which shows its determination. This is a vital way of achieving the Government’s safer streets mission. In Westminster, a mobile phone is stolen every six minutes.

    Jim Shannon (Strangford) (DUP)

    I commend the hon. Lady on bringing forward the debate. She is absolutely right, but it is about even more than mobile phones. I am not technically minded—I own up to that; I am of a different generation—but today’s young person carries on their mobile phone bank details, family things and personal things that allow access to accounts and whatever else. Sometimes, in the back of their phones they have their debit cards and their driving licence, so when someone gets their phone, they get almost their whole life. As the Minister acknowledged in a previous debate, perhaps today’s young person needs to understand that if they lose that, they lose almost everything financially.

    Dawn Butler

    I thank the hon. Member for that important intervention; he is absolutely right. A mobile phone is not just for making a phone call anymore; it is an integral part of most people’s lives. It holds data on it, as well as pictures that its owner will never be able to take again. It holds voicemails from loved ones. My friend who had her phone snatched in Egypt had a voicemail from her late mother on her phone. Mobile phones hold so much information that when someone snatches one, they are snatching a part of that person’s life.

    Mary Glindon (Newcastle upon Tyne East and Wallsend) (Lab)

    Further to the intervention from the hon. Member for Strangford (Jim Shannon), does my hon. Friend agree that public awareness is not where it should be? It worries me to see people with their phones sticking out of their back pockets or people standing and taking photographs around Westminster, knowing how high the incidence of theft is. Somehow the public need to be more aware and more careful with these precious things that hold so much of their lives on them.

    Dawn Butler

    I thank my hon. Friend for that important intervention. That is the thing: until we ensure that our streets are safe, we must ensure that people are acutely aware of what is happening. I find myself sometimes tapping people on the shoulder and saying, “Excuse me, can you move your phone from your back pocket? You might get pickpocketed.”

    I feel that the manufacturers use this as part of their business model. They know that once a phone gets stolen, its owner will go and buy another phone, and phones currently operate on a monopoly. I do not know if anybody has ever tried to switch from an iPhone to a Samsung as I did—oh my goodness; it is like they do not want you to switch over. Even from Android to Android, it is difficult to move over the data. Mobile phone companies know exactly what they are doing. Thank God for USB-Cs, because iPhone chargers used to change with every upgrade, so people ended up forking out more and more money.

    We need to hold the manufacturers to account because they make enough money and enough profit. We have to get to a stage where we are putting people and the safety of our citizens first.

    London is one of the greatest cities on earth and we want Tories to come—not Tories, but tourists. [Laughter.] Tories are obviously welcome too, even though they are not here today. We want tourists to come to London to sample the art, the culture and the inclusion. We do not want to go around warning them about their mobile phones. Over 700 phones were also stolen from Departments, so the Government should have a vested interest in this because it will cost taxpayers money to replace those phones.

    We can redesign mobile phones so that nobody wants to steal them. I do not know if people are old enough to remember—although there are a few in the Chamber today—when car radios used to be stolen out of cars. We combated and stopped that crime by building the radios into the cars so they could not easily be snatched out.

    John McDonnell (Hayes and Harlington) (Ind)

    I just want to throw something else at the debate around the insurance issue. Many say, “You should be covered by insurance.” My phone was stolen last November. It was classic: I got bumped into in a big crowd and did not realise. I then recognised the theft and did “find my phone”. It was in north London, so I contacted the police, but they do not investigate after an hour because they say it is gone. I said, “I have the personal numbers of the whole of the Cabinet there, so that might cause a bit of a problem.” I then claimed on the household insurance and was covered, but then the insurance company would not renew my cover. That just adds to the problems all the way through. Everyone seems to be making a profit out of it, apart from us.

    Dawn Butler

    I am impressed that my right hon. Friend has the all the Cabinet’s phone numbers. He is absolutely right; the knock-on effect of this crime is huge. Whether it is the house insurance, the personal stuff or the global crime syndicate, it is huge. I watched a documentary by Dave Fishwick, known through “Bank of Dave”. He spoke to one of the gang leaders and they talked about shoulder surfing, where they liked to watch people and get the details of their phones. They like to get phones when they are already open so that they can then scrape all the data and bank details. Within that hour, as my right hon. Friend said, they could empty out someone’s bank account. Around 30,000 people are also victims of identity theft in this country every single day. This crime, therefore, is not simply about nicking somebody’s phone; it goes a lot deeper than that.

    One hundred million second-hand phones go to China and some go to Algeria too. Apple and Google say that they will reconnect phones that have been reported stolen. We should say to them that that admission, in itself, is unacceptable. China has become an illegal electronic recycling hub where, if they cannot get into a phone, they dismantle it and build a new phone using various parts from stolen ones. Those who do not disconnect their ID straightaway are sent threatening messages that talk about killing and raping family members, with some even sent videos of guns that say they are coming to kill them. That is terribly frightening and also why we need to stop this global crime now.

    There is a link between neighbourhood crimes and organised criminality. Criminals think that the police do not care about mobile phone thefts because it is just a mobile phone and people can claim it back. I am glad that the Met police is taking this seriously, unlike 10 years ago. I doubt that many heads of criminal organisations will be watching this debate, but I note that 235 people were arrested in January 2024 through Operation Reckoning. On average, people are getting sentences of four to five years, which I think is right, because this is not a crime without consequences.

    The Government have a huge role to play in making sure that we say to these criminals that we are serious about holding them to account. However, we must also say to the manufacturing companies that if they will not provide a kill switch for stolen mobile phones, we will force them to do it by law.