UK Loses Jobs From AI Adoption

Morgan Stanley research found British companies using AI reported a net 8% decline in jobs over the past 12 months, the highest rate among surveyed countries including the United States, Germany, Japan and Australia, across five sectors such as retail, transport, healthcare equipment and automotive. While firms saw average AI-driven productivity gains of 11.5%, UK employers cut roles—especially early-career (two-to-five years experience)—amid rising costs and four-year high unemployment.