Industry experts discuss the UK’s scaling up challenges
The Communications and Digital Committee takes evidence from industry experts in the first session of its inquiry into scaling up: AI and creative tech.
Meeting details
Background
The Committee is examining challenges around scaling up in the UK. The inquiry is looking at AI-first firms, and those working at the intersection of the creative industries and technology (‘crea-tech’). The Committee is seeking to understand how barriers to scale in these specific areas can be addressed to support growth over the next 5 years.
Possible areas for discussion
Possible areas for discussion with witnesses include:
- The importance of companies scaling up in the UK for the new Government’s growth plans.
- The challenges posed by the relative size of the UK domestic market.
- How much it matters if investment comes from within the UK or foreign sources, alongside questions on the potential impact of recent financial reforms.
- The role of scaling hubs, and the importance of access to skilled employees and infrastructure.
- The role of Government investment vehicles - such as the British Business Bank and National Wealth Fund.
- The impact of regulation, and what more the Government can do to support UK businesses in the AI and creative tech sectors.