Written questions

Financial Services: Advisory Services

Commons · Question 115377 · Tabled 24 Feb 2026 · Treasury · Official record

Answered 4 Mar 2026

Question

Asked by Mark Garnier

To ask the Chancellor of the Exchequer, what assessment she has made of trends in the level of the use of AI technologies in financial advice by (a) consumers and (b) industry.

Answer

Answered by Lucy Rigby, 4 Mar 2026

The government believes that the safe and effective adoption of artificial intelligence (AI) in financial services is a major strategic opportunity, with the potential to power growth across the UK. As set out in the Government’s Financial Services Growth...