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The government is to set out plans to use artificial intelligence (AI) across the UK to boost growth and deliver public services more efficiently. The AI Opportunities Action Plan being announced on Monday will be backed by leading tech firms, which are said to have committed £14bn towards various projects, creating 13,250 jobs, the government said.

The pound has dropped to its lowest value against the dollar since November 2023 while government borrowing costs have continued to rise. The pound fell to $1.21 on Monday morning as the recent sell-off continued.

Dry and cold in the south today with some sunny spells. Cloudier in the north with outbreaks of rain and drizzle. Windy in northern areas with gales in northern Scotland. Mild in the north. Tonight: Staying largely cloudy across with north with light outbreaks of rain and drizzle. Dry and cold in the south with some clear spells, allowing for patchy fog and frost.

Monday’s front pages feature a variety of domestic and international stories. Several newspapers lead with the prime minister’s AI strategy – set to be revealed today. Keir Starmer will set out plans to use AI across the country to boost growth and deliver public services more efficiently.

The AI Opportunities Action Plan being announced on Monday will be backed by leading tech firms, which are said to have committed £14bn towards various projects, creating 13,250 jobs.

Away from the AI story, many of the papers are made up of a mixture of news. Several papers continue their coverage of the LA wildfires, whilst images of the UK’s frosty weather make some of the newspapers.

The back pages report on Manchester United knocking Arsenal out of the FA Cup yesterday – as well as news Man City and England player Kyle Walker wants to leave the Premier League and play abroad.