#uk-businesses

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London Business News | Londonlovesbusiness.com
1 month ago
UK news

UK wage growth expectations hits a two year low

Expectations of wage growth in the UK have declined to the lowest point in nearly two years.
Chief Financial Officers predict a decrease in wages to 4.7%, down from a predicted 4.9% in February. [ more ]
London Business News | Londonlovesbusiness.com
4 months ago
UK news

Three in five businesses are still struggling with inflation concerns

High inflation is a top concern for 39% of UK businesses surveyed.
Despite limited technology investment, businesses still prioritize customer experience, employee experience, AI, and data privacy. [ more ]
London Business News | Londonlovesbusiness.com
1 month ago
Artificial intelligence

UK IPOs back on the menu for 2024

IPOs and MA activity are top priorities for UK businesses in 2024, along with AI investment and post-layoff financial recovery.
Research by Coupa highlights a likely resurgence of UK IPOs following a significant slump in 2023, driven by growth, productivity, and profitability priorities. [ more ]
ComputerWeekly.com
3 months ago
Artificial intelligence

What's standing in the way of the UK being an AI superpower? | Computer Weekly

AI adoption in the UK is increasing, with 39% of businesses consistently using AI technology.
Large language models and generative AI are the most commonly used AI technologies in the UK. [ more ]
ComputerWeekly.com
3 months ago
Artificial intelligence

DSIT unveils forum to drive AI adoption in UK businesses | Computer Weekly

Companies like Google, Microsoft, Barclays, and Vodafone are joining the government's AI Opportunity Forum to explore AI opportunities in the private sector.
The forum will focus on culture, skills, governance, and the availability of data in UK businesses to drive AI adoption and boost productivity. [ more ]
London Business News | Londonlovesbusiness.com
5 months ago
Business intelligence

Missing billions: UK businesses leaking 244 billion a year

UK businesses estimate that 5.87% of revenues remain uncollected each year, equating to £244 billion in annual losses.
74% of businesses are aware that revenue leakage is a problem, but do not know how to prevent it.
Errors with data, controls, and oversight account for 45% of revenue loss, costing businesses £37.3 billion due to human error. [ more ]
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