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Evening Standard
Evening Standard
Business
Holly Williams

YOU WONT BELIEVE: Sage sees profits jump but signals more uncertain global backdrop | Mind Blowing Facts

AI is set to ‘change the nature’ of the accountancy profession and will lead to fewer but more productive jobs, according to the boss of accounting software firm Sage (Sage/PA) -

Accounting software group Sage has notched up a 16% jump in half-year profits amid a boom in customer demand for AI-powered tools, but flagged a more “volatile and uncertain” backdrop.

The firm reported pre-tax profits of £236 million for the six months to March 31, up from £203 million a year ago.

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