UK SMEs face Europe's sharpest cost pressures but stand out for regulatory preparedness, Wolters Kluwer research finds [Yahoo! Finance]
WOLTERS KLUWER S/ADR (WTKWY)
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Source: Yahoo! Finance
More than half of SMEs (56%) say rising costs are their top challenge, highest in Europe Almost half (44%) are fully prepared for regulatory change, ahead of European peers Around two thirds (65%) of SMEs now use AI tools weekly or daily, showing AI has moved into everyday use 75% of UK SMEs outsource at least one business function under cost pressure 84% of UK SMEs report very high loyalty to their service providers LONDON, March 24, 2026 BUSINESS WIRE Wolters Kluwer Tax & Accounting today announced findings from its inaugural Future Ready Business report , revealing that UK small and medium-sized enterprises (SMEs) are facing the most intense economic pressure in Europe, yet continue to demonstrate strong confidence in their ability to manage regulatory change. The findings also show UK SMEs investing selectively in digital tools, with AI moving into everyday use and strong reliance on trusted advisors. "UK SMEs are under more economic pressure than any of their Europea
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