FSB: nearly three in five small-firm AI users see productivity gains, and 92% still worry

The Federation of Small Businesses' report The Confidence Code finds AI use among small firms has almost tripled since 2023. Around three in five users report productivity gains and about a quarter report higher revenue, averaging a 3% uplift. 92% still have concerns about data security, copyright and liability, and the FSB estimates deeper use could add more than £42bn a year to the economy.

92%

of small firms have concerns about AI

3%

average revenue uplift among those reporting gains

34%

say better guidance on implementation would help

This page is our own summary, written 23 October 2026. The figures belong to the publisher. The link above goes to the report we took them from, not to the primary document.