UK economy grows 0.4% in July as ONS points to AI and cloud firms
Computer programming output rose 3.5% and added 0.12 points to GDP. The statistics office links the jump to AI and cloud firms but says it cannot measure the effect.
6 articles tagged ONS
Computer programming output rose 3.5% and added 0.12 points to GDP. The statistics office links the jump to AI and cloud firms but says it cannot measure the effect.
Information and communications delivered almost half of Britain's 0.4% second-quarter growth, with hardware spending pushing capital investment to £22.1bn.
Staff research using ONS industry data finds AI-producing sectors driving productivity gains, echoing the first phase of the computing revolution.
ONS data shows just under 7% of medium-sized adopters cut headcount, while US research finds employment in highly AI-exposed occupations has stayed stable.
ONS data shows AI use in UK businesses tripled to 35% since 2023, but the average adopter still runs just 1.6 tools and only 10% use AI extensively.