Get all your news in one place.
100's of premium titles.
One app.
Start reading
International Business Times UK
International Business Times UK
Technology
Christian Nogot Puno

UK CFOs Plan AI Spending Spree as Graduate Hiring Slows Amid Cost Cuts: Deloitte

Finance chiefs plan more AI spending, but its impact remains uncertain, and the shift toward software over staff is already impacting graduate hiring. (Credit: IBTimes UK, AI; Deloitte logo: Deloitte.)

UK finance chiefs are ready to spend big on artificial intelligence, even as they slow down the hiring of new graduates. That is the picture from Deloitte's latest survey of the country's largest companies. Nearly all the finance bosses polled expect business spending on technology to rise over the next five years. Yet the same bosses name cost control as the main reason they are holding back on graduate hiring.

The split points to a clear priority. Money is flowing towards the tools that promise higher output, while the traditional route into work for young people is being squeezed. Deloitte's quarterly survey of UK CFOs, carried out between 1 and 13 July 2026, captured both sides of that trade at once.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.