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Bloomberg Economics estimates AI drove a quarter of UK growth in 2026

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Bloomberg Economics estimates that AI-related activity contributed 0.45 percentage points, about a quarter, of UK economic growth in 2026, when overall growth was about 1.8%.

The estimate covers computing hardware, data centers, AI model and application development, and cloud services. According to the report, the contribution still comes mainly from producing and developing AI rather than from its broad use across industries.

The Bank of England previously estimated that AI adoption contributed about a fifth of UK growth this year. That figure measures adoption, while the Bloomberg estimate measures AI-related activity, so the two numbers cover different parts of the economy.

Written by AI from the articles below · updated Nov 11, 7:23 AM ET

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    Bloomberg Economics estimates AI drove about a quarter of UK growth in 2026

    AIBloomberg Economics estimates AI-related activity contributed 0.45 percentage points, about a quarter, of UK economic growth in 2026, with overall growth at about 1.8%. The estimate covers computing hardware, data centers, AI model and application development, and cloud services, and the contribution still comes mainly from producing and developing AI rather than its broad use across industries. The Bank of England previously estimated AI adoption contributed about a fifth of UK growth this year.

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