06 Feb 2026
by Umang Paw

The UK’s AI Reality Check

Read this guest blog by Umang Paw, CTO at PwC UK, on where the UK really stands with AI.

The debate over whether to adopt AI has already closed in most British boardrooms. Investment is now a non‑negotiable. PwC’s 29th UK CEO Survey makes this clear. A striking 81% of UK CEOs say technology, AI and data are their top investment priorities for 2026 – up from 60% in last year's survey.

Despite rising confidence in the applicability of AI from UK CEOs, the principal challenge has shifted from experimentation to execution. Only 9% of UK CEOs say AI is being deployed at scale and in a way that consistently improves performance.

This shifts the real question that is front‑of‑mind for Britain’s top executives today to whether companies will be able to convert technological investment into meaningful value felt across the organisation, rather than in isolated pilots.

The technology itself is not the issue. Three in ten UK CEOs already report revenue gains from AI, and many more point to improvements in efficiency and cost reduction. What we’re seeing is a growing faultline between those businesses that are extracting value from AI, and those that aren’t. Those CEOs reporting both cost and revenue gains are two to three times more likely to say they have embedded AI extensively across their business.

This suggests the barriers holding other businesses back are less about tech, and more about internal structures and change management. Half of UK CEOs say their organisation can't evolve fast enough. The harder questions are about governance, ownership and whether your operating model is fit for purpose. That's where the real work begins.

I see this myself every day between helping clients and supporting the ongoing transformation of our firm. The organisations reaping the most value from AI are the ones that treat technology as a catalyst for holistic transformation, not just as a standalone project. When I walk into boardrooms, the difference for those with this mindset is evident: the businesses succeeding today are those where CTOs and CIOs are the strategic partners helping translate tech’s potential into commercial outcomes, and where the entire leadership team understands that achieving impact requires a multi‑functional response.

The real value comes when leaders are willing to redesign the organisation around new ways of working and embedding AI into the everyday cadence of the business. This can only happen when the CEO, CFO, COO and the rest of the boardroom take full ownership of redesigning how work is done, how decisions are made and how customers experience services fundamentally.

The good news? UK executives seem to recognise this. Nearly half say they're actively building stronger governance, data infrastructure and security frameworks. Progress may be measured rather than rapid, but it reflects a growing understanding that AI transformation is as much about organisational change as technological capability.

The talent picture adds another layer of complexity. Only one in four UK CEOs feel confident they can attract high‑calibre AI specialists – a significant gap compared to global peers. But here's the thing: recruitment alone was never going to close this capability gap. The real gains will come from equipping your existing workforce with the skills to use AI responsibly and effectively. It's about augmenting your people and their skills, not replacing them.

The UK has no shortage of ambition or investment appetite. What separates the winners from the rest will be the unglamorous work: simplifying governance, reshaping operating models, building skills at scale, and weaving AI into how the organisation functions day to day.

The companies that crack this won't just transform themselves – they'll help define Britain's competitive position for a generation. The question is: will yours be one of them?



ai_icon_badge_stroke 2pt final.png

techUK - Seizing the AI Opportunity

The UK is a global leader in AI innovation, development and adoption.

AI has the potential to boost UK GDP by £550 billion by 2035, making adoption an urgent economic priority. techUK and our members are committed to working with the Government to turn the AI Opportunities Action Plan into reality. Together we can ensure the UK seizes the opportunities presented by AI technology and continues to be a world leader in AI development.  

Get involved: techUK runs a busy calendar of activities including events, reports, and insights to demonstrate some of the most significant AI opportunities for the UK. Our AI Hub is where you will find details of all upcoming activity. We also send a monthly AI newsletter which you can subscribe to here.


Upcoming AI Events

Latest news and insights

Subscribe to our AI newsletter

AI and Data Analytics updates

Sign-up to our monthly newsletter to get the latest updates and opportunities from our AI and Data Analytics Programme straight to your inbox.

Contact the team

Kir Nuthi

Kir Nuthi

Head of AI and Data, techUK

Usman Ikhlaq

Usman Ikhlaq

Programme Manager - Artificial Intelligence, techUK

Sue Daley OBE

Sue Daley OBE

Director, Technology and Innovation

Visit our AI Hub - the home of all our AI content:

Seizing the AI Opportunity generic AI campaign card.jpg

 

Enquire about membership:

Become a techUK member

Our members develop strong networks, build meaningful partnerships and grow their businesses as we all work together to create a thriving environment where industry, government and stakeholders come together to realise the positive outcomes tech can deliver.

Learn more

 

Authors

Umang Paw

Umang Paw

CTO, PwC UK

Umang is PwC UK’s Chief Technology Officer and joined the Management Board in July 2024. He has a BEng in Software Engineering and has over 20 years of technology and business experience, specialising in forensic technology early in his career, supporting his clients with digital led investigations in the UK and across the world.