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Sunak Cuts Taxes, Cites AI Job Threats, Announces Investment Deal

4/23/2026

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Summary

Story summary

Rishi Sunak announced the UK will scrap National Insurance and corporate-profit tax as AI cuts hiring.
He warned AI is flattening entry-level recruitment in law and accountancy.
He cited Claude Mythos, an AI outperforms humans on cyber-security tasks, noting the UK’s AI Security Institute tested it and urging AI oversight.
He said UK could be an AI superpower and announced a deal with deputy prime minister David Lammy to boost investment.

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Story summary

Rishi Sunak announced the UK will scrap National Insurance and corporate-profit tax as AI cuts hiring.
He warned AI is flattening entry-level recruitment in law and accountancy.
He cited Claude Mythos, an AI outperforms humans on cyber-security tasks, noting the UK’s AI Security Institute tested it and urging AI oversight.
He said UK could be an AI superpower and announced a deal with deputy prime minister David Lammy to boost investment.