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# UK finance chiefs are warming to AI, even as they keep spending in check

**[The Next Web](https://daily.dev/sources/tnw)** · 4 min read · 0 upvotes · 0 comments

## Summary

Deloitte's latest UK CFO Survey shows 73% of finance chiefs at Britain's largest companies are now optimistic that AI will improve business performance, up from 39% two years ago. Despite rising sentiment, spending remains cautious — CFOs continue to prioritise cost reduction and cash control, favouring AI applications that cut costs over customer-facing bets. Most expect technology investment to rise over five years but few anticipate near-term productivity gains. The gap between AI conviction and willingness to spend reflects a broader C-suite pattern, with a BCG survey also finding most CEOs think boards are rushing AI transformation.

## Full article

daily.dev links to this article rather than hosting it. Read it at the original source: <https://thenextweb.com/news/uk-cfos-more-optimistic-ai-deloitte-survey>

## Questions this post answers

### What percentage of UK CFOs are optimistic about AI improving business performance?

73% of UK finance chiefs expressed optimism that AI will improve business performance, according to Deloitte's quarterly UK CFO Survey conducted among 58 CFOs, mostly from FTSE-listed or large private companies, between July 1 and 13. That figure is up from 59% six months earlier and just 39% two years before, marking one of the few survey measures moving decisively upward while others held flat or declined.

_daily.dev helps engineering and finance teams weigh AI investment signals like these CFO sentiment shifts._

### Are companies actually increasing AI spending despite growing optimism about it?

Optimism about AI has not translated into higher near-term spending; UK CFOs remain focused on cost reduction and cash control rather than expansion. An earlier survey edition found 96% expect technology investment to rise over five years and 77% expect it to boost productivity, yet few anticipate gains within the next 12 months, and finance leaders favor cost-cutting AI applications over customer-facing ones.

_Teams justifying AI budgets can track how enterprise spending patterns evolve via daily.dev._

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