Tag: Productivity
68 articles tagged Productivity
AI productivity gains rest on 133,000 fewer people working
LSE economists find UK productivity growth of 1.6% since late 2024, but the tax records behind it show employment falling where official figures show a rise.
CBI wants AI adoption made a national economic priority
A CBI and Oliver Wyman report calls for an 'adoption decade' and warns of an execution divide between firms scaling AI and those stuck piloting.
Bank of England finds early signs AI is lifting productivity
Staff research using ONS industry data finds AI-producing sectors driving productivity gains, echoing the first phase of the computing revolution.
FSB urges AI minister to put small-firm trust at the heart of policy
A Federation of Small Businesses report finds 59% of AI users saw productivity gains, but 92% still have concerns over data security, copyright and liability.
AI is not yet lifting productivity, Barclays tells clients
Barclays analysts find the evidence linking AI adoption to stronger productivity remains weak, fuelling fears the trillions being spent may not pay off.
Two-thirds of Scottish firms use AI — but only lightly
Nearly two-thirds of Scottish businesses now use AI, the Fraser of Allander Institute finds, but most treat it as a supporting tool rather than embedding it.
UK firms adopt AI widely but shallowly, ONS finds
ONS data shows AI use in UK businesses tripled to 35% since 2023, but the average adopter still runs just 1.6 tools and only 10% use AI extensively.
UK finance chiefs turn sharply more optimistic on AI
Deloitte's quarterly survey finds 73% of UK chief financial officers now expect AI to improve business performance, up from 39% two years ago.
OpenAI's ChatGPT Work targets the office agent market
OpenAI has launched ChatGPT Work, an agent that fuses its chatbot with its Codex coding tool, in a direct challenge to Anthropic's Claude Cowork and Microsoft Copilot.
UK firms shift AI focus from pilots to trust and results
Technology executives say the AI debate in UK enterprises has moved from adoption to trust, as time spent verifying AI output erodes the productivity it promises.
NHS makes AI app triage a priority in £10bn tech push
NHS England is accelerating an AI triage tool in the NHS App and ambient voice notetaking, part of a £10bn overhaul, as health leaders urge a clearer strategy.
UK workplace AI use doubles, but the gains cluster at the top
Google-backed research says UK workplace AI adoption has reached 73%, yet the career rewards concentrate among a 15% 'trailblazer' minority, exposing a widening skills gap.
Only 7% of euro-zone firms use AI intensively, ECB finds
An ECB survey of 5,000 firms finds over 70% use AI but just 7% use it intensively, with the keenest adopters small, young and services-focused.
Deutsche Bank says AI cuts tech projects to months
A senior Deutsche Bank executive says AI has shrunk two-year technology projects to three to six months, while the lender tightens control of rising token costs.
UK firms embrace AI but managers lack skills, CMI warns
A Chartered Management Institute study of 1,000 UK managers finds only 5% report transformational AI gains, with most firms stuck in the pilot phase.
London leads UK AI adoption as the regional gap widens
DSIT data shows London firms adopt AI at 20% versus a 16% UK average, raising fears the productivity gains will concentrate in a capital already pulling ahead.
505,000 NHS staff to get Microsoft Copilot to cut admin
NHS England will give 505,000 staff Microsoft 365 Copilot after a trial found it saved 43 minutes a day, with full rollout expected by October 2026.
Microsoft UK chief: AI can make public services more human
Ahead of London Tech Week, Microsoft UK's Darren Hardman argues AI is freeing public servants from admin, citing NHS, council and Whitehall examples.
Atlassian AI chief: firms still aren't translating AI to organisation-wide gains
Atlassian's Chief AI Officer says individual productivity from AI is rising but organisational productivity is not, exposing a structural integration gap for UK enterprises.
UK leads developed-world AI job losses at 6% net cut, Morgan Stanley says
Morgan Stanley's AlphaWise survey puts UK at 6% net job loss over 12 months — above the 5% all-country average — while productivity gains lead at 10.3%.
Heidi report says AI scribe cut NHS documentation time by 86 percent
Across 15 million patient visits, AI medical scribe Heidi says it returned 4 million hours of clinical capacity and improved burnout for 95% of clinicians.
UK firms stuck on basic AI, £35bn growth opportunity at risk
AWS research: UK AI adoption has grown to 64% but only 24% reach advanced-use maturity — a one-point rise that risks leaving £35bn in productivity gains on the table.
Birmingham haulage SME uses AI to cut missed deliveries by 22%
Mobile People Powered Logistics credits AI-automated customer calls and system integration for quadrupled revenue and a 22% fall in rescheduled deliveries.
Google adds notebooks to Gemini, syncing with NotebookLM
Google is rolling out notebooks inside the Gemini app, giving paying subscribers a personal knowledge base that syncs with NotebookLM across web.
NHS urged to look beyond clinical AI for productivity gains
HSJ webinar panel warns NHS AI adoption is focusing on clinical documentation while missing bigger wins in administrative and operational work.
AI Workflows Need Human Oversight to Deliver Real Value, Says Datatonic
Cloud consultancy Datatonic warns that organisations deploying AI without proper human-in-the-loop systems are seeing productivity losses rather than gains.
UK Losing More Jobs to AI Than Any Other Major Economy, Study Finds
Morgan Stanley research shows UK companies report 8% net job losses from AI, higher than US, Japan, Germany and Australia despite similar productivity gains.
NHS England Backs AI Notetaking Technology
NHS England launches registry of 19 approved AI scribe suppliers after trials show 23.5% increase in patient interaction time and 13.4% more A&E patients seen per shift.
OpenAI Outlines Vision for AI Self-Empowerment
OpenAI publishes principles for managing the 'capability overhang' between AI potential and actual adoption, emphasising access and individual empowerment.
AI Turbocharges Legal Litigation as Law Firms Race to Adopt New Tools
Major law firms report significant time savings using AI for document analysis and depositions, though accuracy concerns and hallucination risks remain key challenges.
UK Power Networks Achieves 480% ROI with Microsoft Copilot Rollout
Energy distributor reports 96% adoption rate and significant productivity gains after deploying 1,000 Microsoft 365 Copilot licences across operations.
Tech Giants Become Their Own AI Customers to Prove the Technology Works
IBM, Asana, and Schneider Electric are deploying AI extensively across internal operations before selling to customers, with IBM's HR chatbot handling 94% of staff queries.
AI Productivity Gains Offer UK Economic Reboot as Budget Looms
UK accountancy firm cuts report completion from two weeks to two hours using AI, raising hopes Britain's services-heavy economy can escape productivity stagnation.
Neurodiversity and AI: How Workplace Tools Level the Playing Field
Research reveals neurodiverse workers 25% more satisfied with AI assistants, with tools addressing executive function, time management, and communication challenges.
Microsoft Launches 'Vibe Working' with Office Agent Mode
Microsoft introduces Agent Mode in Excel and Word, plus Office Agent in Copilot chat powered by Anthropic models for document automation.