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Most UK firms overestimate AI progress; only 12% are true AI leaders with real results.

Market News
08 Jul 2026
GlobeNewsWire
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Neutral
Most UK firms overestimate AI progress; only 12% are true AI leaders with real results.

A study by EXL reveals that while 75% of UK businesses believe they lead in AI integration, only 12% qualify as AI Leaders who have embedded AI across core functions and see significant ROI. Data challenges remain a major hurdle, with 77% citing it as their biggest issue. Utility companies report the highest financial gains from AI, averaging 27% improvement in cost reduction and revenue growth. To catch up, lagging firms must redesign their operating models, not just adopt new technology.

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Phishing risk rises after Brevo breach exposes 138 crypto-related accounts

Phishing risk rises after Brevo breach exposes 138 crypto-related accounts

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Amazon stock eyes $300 as AWS growth accelerates despite recent share stagnation.

Amazon stock eyes $300 as AWS growth accelerates despite recent share stagnation.

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Oil prices surge above $100 amid Iran crisis and market disruptions, prompting cautious investment moves.

Oil prices surge above $100 amid Iran crisis and market disruptions, prompting cautious investment moves.

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Oracle reports $664B backlog, signaling strong future growth but high costs and insider selling raise concerns.

Oracle reports $664B backlog, signaling strong future growth but high costs and insider selling raise concerns.

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Core inflation hits 5-year low as markets rally despite expected Fed rate hikes

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