Britain’s Future Growth Hinges on AI Adoption, Says Andrew Bailey

In a pivotal address on March 24, 2025, Andrew Bailey, the Governor of the Bank of England, emphasized the urgent need for the United Kingdom to embrace artificial intelligence (AI) technology as a critical means to escape its long-standing cycle of sluggish economic growth. Bailey articulated that the integration of AI into various sectors could serve as a driving force for productivity improvements and, consequently, economic prosperity.

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AI Revolution on the Horizon: Sage CEO Predicts Surge in Adoption Among Small Businesses

In a significant forecast for the future of artificial intelligence in the business sector, Sage Group PLC’s CEO, Steve Hare, anticipates a rapid increase in AI adoption among smaller firms. This outlook is founded on the belief that advancements in technology will soon extend beyond large corporations, empowering small and medium-sized enterprises to integrate AI solutions into their operations.

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