Policy & safety · 5 November 2026
UK AI Minister Revises Economic Boost Estimate to £120B After Google Report Scrutiny
The UK AI minister said the earlier £400 billion growth claim came from a Google‑commissioned report; the government's own estimate now ranges £55‑£140 billion, with a central figure of £120 billion by 2030, and is described as “hugely uncertain.”
Benchmarks are the company's own; not independently verified.
Why it matters
Adjust UK AI market forecasts to the revised £120 billion range; the prior £400 billion figure was inflated.
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