British CFOs More Optimistic That AI Will Boost Their Firms (1)

More than half of British companies’ finance chiefs expect artificial intelligence to deliver a growth boost, in a sign of rising optimism over the technology’s potential to transform the economy.

Accountancy firm Deloitte found 59% of UK chief financial officers expect AI to improve the performance of their own company, up sharply from 39% when they were last asked in the third quarter of 2024.

While concerns linger over whether AI will trigger job losses, the technology has been hailed as a potential game-changer for weak economic growth rates that have dogged the UK for years. Bank of England Governor ...