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Highlights

• UK unemployment rises to 5.1 per cent with 85,000 more young people jobless in three months.
• Entry-level roles in law, accountancy and administration most at risk from AI adoption.
• Bank chief says AI could drive next phase of UK economic growth despite job displacement concerns.

The widespread adoption of artificial intelligence will likely displace workers from their jobs in a manner similar to the Industrial Revolution, Bank of England governor Andrew Bailey has warned.

Speaking on BBC Radio 4's Today programme, Bailey stressed the urgent need for the UK to establish proper "training, education, and skills" to help workers transition into AI-enabled roles.