🍪 Our Cookies

This website uses cookies, pixel tags, and similar technologies (“Cookies”) for the purpose of enabling site operations and for performance, personalisation, and marketing purposes. We use our own Cookies and some from third parties. Only essential Cookies are used by default. By clicking “Accept All” you consent to the use of non-essential Cookies (i.e., functional, analytics, and marketing Cookies) and the related processing of personal data. You can manage your consent preferences by clicking Manage Preferences. You may withdraw a consent at any time by using the link “Cookie Preferences” in the footer of our website.

Our Privacy Notice is accessible here. To learn more about the use of Cookies on our website, please view our Cookie Notice.

Winding Up — A(i)trocity exhibition

Share

Market Wrap

Winding Up — A(i)trocity exhibition

Will Macadam's avatar
  1. Will Macadam
8 min read

Winding Up is 9fin's weekly newsletter, incorporating summaries and commentary from our European distressed coverage for the past week. Find out more about what we do for distressed here.

What can we infer from a Bank of England survey of British business investment into AI technology? Trends that apply to the wider European market… or so we hope.

The UK’s central bank released a short piece of analysis last Friday, 11 October, pulled from an Autumn 2023 survey of its business contacts. Our dear friends at the Bank of England were primarily concerned with the affects of the widespread adoption of AI on the UK labour market.

Spoilers: they conclude that the timing and size of the disruption to the UK labour market is uncertain. The risk to jobs is widespread, but seems to be focused on professional services — which is unlikely to surprise anyone reading this.

Read all our public content for free

We won't spam. You can unsubscribe at any time.

What are you waiting for?

Try it out
  • We're trusted by 9 of the top 10 Investment Banks