Report: AI skills investment could add £80 billion to UK economy
The Learning and Work Institute and The Rigby Foundation estimate that comprehensive AI upskilling could deliver a 2.3% productivity boost by 2035, adding £80 billion to the UK economy. A YouGov survey found 85% of firms use AI in some capacity, but only 18% use it extensively, with 25% of small businesses yet to adopt it.
- 2.3% productivity boost by 2035 would add £80 billion to UK economy
- 85% of firms use AI, but only 18% use it extensively
- 25% of small businesses have not adopted AI, versus 3% of large firms
- Proposed Skills Tax Credit: 20p per £1 of training, 30p until 2030
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