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5 UK Ministers attended the conference.<\/p>

The GREAT FUTURES launch event in Riyadh on 14-15 May 2024 is the flagship moment that kickstarts a year-long programme bringing to life the sheer scale of opportunities for UK businesses in Saudi Arabia linked to Vision 2030. The purpose is to forge partnerships across a number of sectors by gathering together some of the UK's most creative and innovative companies with their Saudi counterparts.<\/p>

The Deputy Prime Minister led a strong Ministerial delegation comprising Kemi Badenoch, Secretary of State for Business and Trade; Lucy Frazer, the Culture Secretary; Lord Johnson, Minister for Investment; Lord Markham, Minister of Health; and Sir Steve Smith the PM\u2019s Special Representative for Higher Education. The delegation of more than 450 UK companies made this the largest trade delegation the UK has sent anywhere for a decade.<\/p>

Some 50+ agreements and MOUs were signed during the two days. The Deputy Prime Minister and Saudi Minister of Commerce convened a Pillar 1 meeting of the UK-Saudi Strategic Partnership where they agreed the ambition of increasing bilateral trade from £17bn to £30 billion by 2030.<\/p>

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Given the uncertainty over costs, the scheme will be scored as Capital Annually Managed Expenditure. Annually Managed Expenditure is spend on programmes which are demand led - such as welfare, tax credits or public sector pensions. It is spent on items that may be unpredictable or not easily controlled by departments, as opposed to Departmental Expenditure Limits (DEL) which are allocated to and spent by Government departments. We will set out what this means for the public finances in the usual way at the next fiscal event.<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/4284", "label" : {"_value" : "Biography information for Baroness Neville-Rolfe"} } , "answeringMemberPrinted" : {"_value" : "Baroness Neville-Rolfe"} , "dateOfAnswer" : {"_value" : "2024-05-24", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2024-05-24T10:27:24.43Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "53"} , "answeringDeptShortName" : {"_value" : "Cabinet Office"} , "answeringDeptSortName" : {"_value" : "Cabinet Office"} , "date" : {"_value" : "2024-05-21", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Blood: Contamination"} , "houseId" : {"_value" : "2"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25277", "prefLabel" : {"_value" : "House of Lords"} } ], "questionText" : "To ask His Majesty's Government whether payments of compensation to contaminated blood victims will be funded outside the projected annual expenditure on health and social security budgets.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/547", "label" : {"_value" : "Biography information for Lord Wigley"} } , "tablingMemberPrinted" : [{"_value" : "Lord Wigley"} ], "uin" : "HL4842"} , {"_about" : "http://data.parliament.uk/resources/1719395", "AnsweringBody" : [{"_value" : "Cabinet Office"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/1719395/answer", "answerText" : {"_value" : "

GREAT FUTURES showcases how UK expertise can help Saudi Arabia deliver against Vision 2030, their ambitious strategy to drive economic and societal change across the country. Including trade, investment, tourism, education and cultural engagement, GREAT FUTURES is designed to create opportunities, connect with senior government and business decision-makers from Saudi Arabia\u2019s ultra-ambitious giga-projects, and establish long-lasting relationships.<\/p>

The requested information is not currently available as the final costs are still being reconciled.<\/p>

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This Government is committed to making sure that our veterans and their families have equitable access and opportunity to a full range of career options after leaving military service, and to working with employers to make this vision a reality.<\/p>

The recently announced Op PROSPER backed by £2.1 million in government funding will work closely with employers and industry bodies to establish new clear and accessible routes for veterans and their families into employment which makes the most of their skills and capabilities, in key industries at the forefront of innovation and economic growth.<\/p>

We have also introduced and continued 12-month National Insurance relief for eligible employers recruiting veterans in their first civilian role after leaving military service, which is of benefit to all businesses and employers across the country.<\/p>

This work is supported by the OVA-launched Employers Guide to Hiring Veterans which showcases innovation and best practice and the OVA-hosted Veteran Employers\u2019 Group brings together leading employers from across the UK.<\/p>

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Last November, the Deputy Prime Minister established the \u2018Incubator for AI\u2019, a team who sit in the Cabinet Office. This team\u2019s mission is to help departments harness the potential of AI to improve lives and the delivery of public services.<\/p>

The early work of the Government\u2019s AI incubator has already proven that it is possible to make effective AI tools for use in the UK Government, and that building these in-house represents strong value for money. As this is an incubator, there are projects at varying stages of development.<\/p>

I can share that details about some of their pilot projects can be found on their website at https://ai.gov.uk, and include<\/p>