The UK government's modern Industrial Strategy includes a significant investment exceeding £150 million aimed at advancing five key AI and technology programs for the Professional and Business Services (PBS) sector. This initiative recognizes the sector's critical role, valued at £300 billion annually and employing one in seven individuals. It promotes innovation, with an ambition for the UK to be the foremost trusted advisor globally by 2035, utilizing advanced technologies such as AI to ensure ongoing growth and job creation across the nation.
The Professional and Business Services sector, vital for the UK's economy, is set to receive transformative AI funding exceeding £150 million to enhance growth.
With £300 billion in value and one in every seven jobs, professional services highlight the UK's potential as a leader in technology-driven sectors.
Our Industrial Strategy aims to position the UK as the leading trusted advisor globally, enhancing productivity by prioritizing innovative solutions like AI.
The funding underpins our commitment to ensure the PBS sector remains dynamic, enabling growth and job creation across all UK regions.
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