A majority of finance chiefs at UK’s largest companies, who think that AI will boost business, and are less concerned about geopolitical risks, revealed a new survey from Deloitte, according to Reuters.
Chief financial officers at many of the United Kingdom’s (UK’s) largest companies have become increasingly positive about artificial intelligence (AI) and its prospects in business even as risks posed by other global economic events subside, a new survey of chief financial officers from Deloitte found, Reuters reports.
The findings show that 73 percent of the respondents anticipate AI will lead to higher business performance – from 59 percent last year-end and 39 percent two years ago, – suggesting businesses find increased use of the technology, as per Reuters.
The financial chiefs expressed less concern over geopolitics, with the average concern level falling to 68 from 79 in 2026 at the beginning of the year on the 0 to 100 scale, but remained cautious on the UK’s productivity and global competitiveness – on 63; and concerns over rising energy prices/disruption were slightly down to 60 compared with 70 in the first quarter.
“So far, the global economy has survived the Iran conflict shock far better than expected,” Reuters quotes Debapratim De, Deloitte UK chief economist, as saying “Geopolitical uncertainty and the competitive position of the UK still weigh on sentiment and mean that CFOs are likely to continue prioritising controlling costs and managing cash flow.” 58 chief financial officers from the UK’s major companies were surveyed between July 1 and 13.
