Is AI eating up jobs in UK? New report paints bleak picture

Britain is shedding more jobs than it generates due to artificial intelligence (AI) — and at a quicker pace than its global rivals. The substantial advantages for businesses implementing this tech are appearing at a notably steep price for UK staff, straining an already decelerating labour market, Bloomberg reported, citing a Morgan Stanley report.

The UK companies disclosed that AI caused 8% net employment reductions during 2025, according to Morgan Stanley’s findings.