Posted: 30 Oct 2023 Resource Type: Research Report Download Back Artificial Intelligence (AI) is rapidly transforming the world around us. From education to innovation, transport to technology, every sector will be impacted by AI. Our new report, AI: Accelerating Innovation shows how financial and professional services (FPS) is at the forefront of this revolution. FPS businesses are at the vanguard of investing in and adopting AI technologies to boost productivity, develop new products, and improve customer experience. This report finds that the sectors with the highest levels of AI adoption are legal, IT, finance, and accounting. There are currently 3,000 AI firms in the UK employing over 50,000 people. This report sets out areas, such as digital upskilling, where the ecosystem can be strengthened even further. By leading on AI and other technologies, the FPS sector can help put the United Kingdom at the centre of a global transition that will boost domestic economic growth. Vision for Economic Growtha roadmap to prosperity Vision for Economic Growtha roadmap to prosperity Share: Share to LinkedIn LinkedIn Share to X Share to Facebook Facebook Share to WeChat WeChat Share to WhatsApp WhatsApp Share to Email Email Download Related content Research Report The City of London Corporation’s US Office Apr 2026 - The City of London Corporation’s US Office works to strengthen engagement between the UK and the United States across financial and professional services. The City of London Corporation’s US Office Research Report Seizing the UK’s carbon credit opportunity Apr 2026 - High‑integrity carbon credit markets are critical to closing the global net zero financing gap while supporting environmental and social outcomes. Seizing the UK’s carbon credit opportunity Research Report The City of London Corporation's work in support of financial and professional services: annual review 2025/2026 Apr 2026 - Explore the progress we’ve made in championing the UK’s financial and professional services industry in 2025/2026. The City of London Corporation's work in support of financial and professional services: annual review 2025/2026 Research Report Transition Finance Council: Year-end progress report Mar 2026 - This report offers a snapshot of the Council’s first year: progress made, lessons learned, and the path ahead. Transition Finance Council: Year-end progress report