As the hype around artificial intelligence continues into a fourth year, a growing number of UK executives believe the technology is about to yield returns on investment, according to a study from KPMG. However, as new threats emerge, and large companies find themselves rocked by high-profile hacks, cybersecurity is set to see the largest budget increases in investment over the next 12 months.
2026 is seeing a landmark shift in investment priorities in the UK. As part of the annual KPMG Global Tech Report 2026, which gains insight on priorities from tech executives across the world, the firm found that 57% of UK companies reported they are planning on increasing their budget for cyber security by more than 10% over the year. That is far ahead of the same increase for AI, which just 46% said they had sanctioned. Meanwhile, the global average increasing cyber security by more than 10% was 41% – signalling greater emphasis on cyber security in the UK.
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