UK Enterprises Turn to Python to Replace Ageing COBOL Systems by 2026
Hundreds of billions of lines of COBOL code still underpin financial, government, and enterprise systems across the UK, but the engineers who built them are retiring and organisations are under growing pressure to modernise. Python has emerged as the leading migration target in 2026, valued for its readable syntax, procedural compatibility with COBOL logic, and built-in access to AI and machine learning libraries. Enterprises can choose between automated transpilation, parallel rewriting, or domain-driven reimplementation, with most UK organisations opting for a hybrid of the latter two approaches. A mid-scale migration typically costs between £200,000 and £500,000 or more and can take one to three years to complete, with underestimating scope cited as the most frequent cause of failure. Automated transpilation tools are available but do not generate production-ready code, meaning manual review, testing, and business validation remain essential regardless of the method chosen.
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