Category: In Business

Sep 13

72% of UK firms face skills gaps, turn to AI and upskilling amid £275m productivity loss

The skills gap in the UK continues to widen, with 72% of companies reporting shortages in critical areas such as AI, data analytics, and cybersecurity—up from 69% in 2023, according to DocuSign’s Digital Maturity Report 2024. As a result, businesses are increasingly turning to ‘quiet hiring,’ upskilling their current employees, and deploying AI tools like […]
Sep 11

Global SMEs show resilience and optimism as Alibaba.com sees near 70% rise in super September orders

Global SMEs are showing increasing optimism about their future prospects, according to the new Global SME Confidence Index from Alibaba.com, a leading B2B e-commerce platform. The study with SME decision-makers across France, Germany, the UK, and the US, highlights a strong sense of resilience as SMEs navigate a challenging business landscape. The report found that […]
Sep 10

Google faces antitrust trial over ad dominance as US justice department claims anti-competitive tactics

Google is facing accusations from the US Department of Justice (DoJ) of suppressing competition to gain dominance in the display advertising market, driving up costs for publishers and advertisers. The claims emerged on the first day of a landmark antitrust trial at a federal court in Alexandria, Virginia. “Google is not on trial because they […]
Sep 9

Britain’s exporters lack expertise, survey reveals

Britain’s exporters are feeling increasingly ill-equipped to seize international opportunities, according to the latest annual research commissioned by the Department for Business and Trade. The survey of 3,000 businesses with revenues exceeding £500,000 found that only 18% considered themselves experts in exporting last year, down from 24% the previous year. This is the lowest level […]
Sep 7

Scaramucci warns unrealised gains tax would devastate US capital markets

Anthony Scaramucci, former White House communications director and founder of SkyBridge Capital, has warned that a proposed capital tax on unrealised gains could severely damage US capital markets. In an exclusive interview with Saxo for their US Election Hub, Scaramucci expressed scepticism over the feasibility of the tax, introduced by Kamala Harris, suggesting it would […]