Artificial intelligence is costing the UK more jobs than its creating compared to its rival economies, according to new research. A study by Wall Street investment bank, Morgan Stanley, found that British companies using AI reported a net 8% decline in jobs over the past 12 months, double the average reported by companies in the Unites States, Germany, Japan and Australia. The research surveyed companies using AI for at least a year across five sectors, including retail, transport, healthcare equipment and cars. However, it also suggests the UK is struggling with the rise of artificial intelligence as its rival economies created more jobs than it cut. The UK fell behind with new hires with companies saying AI had created only 15% more roles.

Source: The Times January 27, 2026 08:46 UTC