The Independent Anti-Slavery Commissioner (IASC) has published a futures analysis report examining emerging modern slavery and human trafficking (MSHT) threats in the UK through to 2036. The report states that referrals to the National Referral Mechanism reached a record 23,411 in 2025, representing a 22% increase from the previous year, with UK nationals now comprising the largest proportion of identified victims. Drawing on contributions from more than 50 organisations and lived experience advisory panels, the report identifies 21 existing, emerging and future threats across five thematic areas: global context, technology and finance, labour and livelihoods, exploitation and control and governance and safeguards. Key risks identified include global conflict, climate-induced displacement, artificial intelligence (AI)-enabled recruitment and coercion, online-enabled sexual exploitation, immigration and status-based exploitation, hidden-economy labour exploitation, gig economy exploitation, safeguarding and enforcement capacity constraints.