Tag: UK Business
18 articles tagged UK Business
KPMG finds firms rushing into AI but unable to prove value
KPMG's Q2 2026 AI Pulse finds adoption accelerating even as almost half of businesses pause or scale back projects after deciding the cost outweighed the value.
Computacenter set to double profit as AI demand surges
Computacenter expects first-half adjusted pre-tax profit to roughly double to £163m, driven by AI-related projects in the UK and hyperscale demand in North America.
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.
EU AI Act Omnibus extends high-risk deadlines to 2027, widens SME relief
The EU's 7 May AI Act Omnibus agreement extends high-risk AI system deadlines to December 2027 and extends SME compliance simplifications to mid-caps up to 750 staff.
European Wealth Managers Fight Back Against AI Disruption Fears
St James's Place, Schroders, and Lombard Odier defend their business models as US fintech AI tax tool sends wealth management shares tumbling.
Moonpig Reports 6.7% Sales Boost as AI Transforms Card Design and Customer Service
The greeting card company credits AI-powered design tools and personalisation features with driving increased customer spend and resolving a third of all customer queries.
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.
Asos Deploys AI Stylists to Combat 12% Sales Decline
Online fashion retailer introduces AI-powered personal styling trained on 100,000 outfits as sales fall 12% and City analysts predict further decline.
AI workplace adoption reveals sharp divide between sceptics and realists
New research shows 42% of leaders identify as AI sceptics with exaggerated expectations, whilst realists report clear benefits and lower anxiety levels.