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AI adoption could add £31 billion to UK economy

Widespread adoption of generative AI by UK businesses could add £31 billion of GDP to the economy, according to a report from Big 4 accountancy firm, KPMG. The Generative AI and the UK labour market report identifies a 1.2% gain in overall productivity in the UK economy, equivalent to £31 billion … [Read more...]

Sharp launches new range of A4 colour MFPs

Sharp today announces the launch of its new Business Workgroup A4 colour MFP series, designed to meet the needs of more flexible and sustainable workplaces. With an emphasis on simplified connectivity, the two new models, the MX-C528F and MX-C428F, offer speeds of up to 50ppm, as well as enhanced … [Read more...]

£200 million investment announced to support greener aviation

Industry Minister, Nusrat Ghani, has announced more than £200 million of funding to support research and development projects to make the aviation sector greener. The £218 million combined government and industry investment will support new aerospace technologies, including greener landing gear … [Read more...]

musicMagpie shares strong half-year trading update

Stockport-headquartered circular economy pioneer, musicMagpie, has announced strong half-year trading for the six months to the end of May 2023. Despite H1 traditionally being the quieter half of the year for the retailer, EBIDTA rose 7.7% on the same period last year, at £2.8 million. The strong … [Read more...]

Greater Manchester to host first DevCon

Greater Manchester is to host its first ever ‘DevCon’, which will take place on the 11th and 12th of July, its organisers have announced. The two-day event will take place at the Royal Northern College of Music in Manchester city centre and see 500 delegates, including tech founders and senior … [Read more...]

CMA to review the impact of the growing use of AI

The Competition and Markets Authority (CMA) is to review how the development and deployment of AI by businesses could impact on competition and consumer protections. Foundation models, which include large language models and generative artificial intelligence (AI), that have emerged over the past … [Read more...]

Greater Manchester residents most susceptible to cybercrime

New analysis of National Fraud & Cyber Crime Reporting Centre data has found Greater Manchester residents are most at risk to cybercrime. The study by IT provider CloudTech24 found the city-region to have the highest levels of reported cybercrime per 10,000 residents of any area in England … [Read more...]