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UK chief financial officers turn more hopeful about AI

By Thomson Reuters Jul 19, 2026 | 6:06 PM

LONDON, July 20 (Reuters) – The finance bosses at many of Britain’s biggest companies are more optimistic about the impact ​of artificial intelligence on their ‌businesses and a bit less worried about risks from geopolitics, according to a report published on Monday.

The survey of UK chief financial officers by ‌accountancy ​firm Deloitte found 73% ⁠were optimistic about AI ⁠improving their businesses’ performance, up from 59% at the end of last year and 39% two years ago.

The survey ​also showed:

• The average rating on a scale of 0-100 about geopolitical concerns ⁠fell to 68 from ⁠79 at the start of ​2026

• Worries about poor productivity and weak competitiveness ​in the UK economy were little ‌changed at 63

• Concerns about higher energy prices or disruption to energy services fell to 60 from 70 in the first ⁠quarter of 2026

• “The global economy has so far weathered the shock from the conflict in Iran ⁠better ‌than many had feared. However, ⁠concerns over geopolitics and domestic competitiveness ​remain ‌elevated. CFOs continue to prioritise ​cost reduction ⁠and cash control in this environment,” Deloitte UK Chief Economist Debapratim De said

• 58 CFOS were surveyed between July 1 and July 13

(Writing by William Schomberg; editing by ​David Milliken)