Dossier
UK businesses
Coverage of UK businesses in the Nexus archive.
- UK businesses are not deepening their use of AI, suggests ONS data
UK businesses are not increasing their use of AI, according to ONS data. Companies primarily use free AI tools to focus on efficiency savings rather than creating new products.
- Bank lending to UK businesses falls to lowest level in nearly 30 years
Bank lending to UK businesses has fallen to its lowest level in nearly 30 years due to weak economic growth and tighter regulatory requirements, particularly impacting small and medium-sized enterprises.
- Nearly half of UK businesses pwned last year as phishing keeps doing the job like it's 2005
Nearly half of UK businesses were breached last year due to phishing attacks, with employees often falling for fake login pages disguised as IT support emails. The article highlights human error, not AI, as the primary vulnerability.