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fromBusiness Matters
4 hours agoUK firms risk being left behind as AI adoption gap widens, warns PwC
UK businesses lag behind global leaders in AI investment and innovation, risking their competitive edge in the market.
"For the first time, a rigid office attendance mandate has been broken and replaced with a more sensible, flexible approach based on what actually works," General Secretary Fran Heathcote said. "This has been a long campaign and reaching a deal members could accept reflects the determination of PCS members at ONS, the hard work of their reps and the value of trade unionism."
The TechFirst Women's Programme, backed by £4 million of government funding, aims to create at least 300 paid placements in technology roles across the UK. The programme will work with businesses, including small and medium-sized enterprises, to identify opportunities for women to gain experience in fields such as software development, digital engineering, data science and artificial intelligence.
The outbreak of war in the Middle East has already affected energy prices, amid concerns that inflation may rise in the coming months. Despite this difficult market environment, most London-based small businesses remain committed to short-term growth plans.
For small and medium-sized businesses (SMEs), equipping employees with the latest skills and tools needs to be a priority. After all, as the competition grows, SMEs can't afford to be idle. And it's not always possible for new hires or seasoned employees to know exactly what industry demands will look like. That's why SMEs must budget for upskilling within their workforces.
If employers want to bring workers from overseas, then they must also invest in the skills of workers already in Britain, Starmer said in May. At the same time, we will wean our national economy off its reliance on cheap labour from overseas. The end result will be a reformed immigration system that no longer ignores the millions of people who want the opportunity to train and contribute.
The monthly purchasing managers' index showed employment numbers fell more sharply in January compared with December, continuing a trend that started in October 2024. The PMI survey, which is considered to be one of the most reliable indicators of how a sector is performing, said this was the longest period of job shedding in the UK services sector in 16 years, with firms also choosing not to replace voluntary leavers.