Author: SmartWealthNews.com

OpenAI has officially released GPT-5.2, and the reactions from early testers — among whom OpenAI seeded the model several days prior to public release, in some cases weeks ago — paints a two toned picture: it is a monumental leap forward for deep, autonomous reasoning and coding, yet potentially an underwhelming "incremental" update for casual conversationalists.Following early access periods and today's broader rollout, executives, developers, and analysts have taken to X (formerly Twitter) and company blogs to share their first testing results. Here is a roundup of the first reactions to OpenAI’s latest flagship model."AI as a serious analyst"The strongest…

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Housing authorities will receive new powers to investigate into landlords from December 27th, ahead of the main implementation of the Renters’ Rights Act in May 2026. Councils will be able to enter the premises where tenancy records are kept; take paperwork, devices, or anything linked to the tenancy; and demand information from anyone involved in the tenancy in the past year, including tradespeople, agents, contractors, even past tenants. David Adams, managing director of Chester-based estate and lettings agent Cavendish, said: “When the Renters Rights Act became law a few weeks ago, there was a lot of focus on landlords having…

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11 December, 2025 13 min read Share Copy Link Copied At the Institute of Chartered Bookkeepers (ICB) Bookkeepers Summit, CEO Amy Copeland described bookkeepers as human Application Programming Interfaces (API): the connective layer linking the messy, mismatched systems that small businesses depend on but rarely understand. Amy said, “Bookkeepers have become the API. The thing that connects two bits of software so that data can flow. And we’re saying bookkeepers are doing that for everything that matters” And she’s right. “Human API” is a great description of the work bookkeepers do every day. In this article we explore the concept.…

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Many companies are still working out how to use AI in a steady and practical way, but a small group is already pulling ahead. New research from NTT DATA outlines a playbook that shows how these “AI leaders” set themselves apart through strong plans, firm decisions, and a disciplined approach to building and using AI across their organisations.The findings come from a survey of 2,567 senior executives in 35 countries and 15 industries. Only 15% of the organisations met the bar to be considered AI leaders. These companies share a few traits: clear direction on where AI fits into their…

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The government has expanded youth apprenticeships to 50,000 places in three years with £725 million of investment. The number of young people starting apprenticeships has fallen by almost 40% over the last decade, a drop Labour said is “holding back opportunity”. Apprenticeships at small and medium sized businesses will be fully funded, removing the barriers companies face when taking on trainees. The 5% levy on apprentices for under-25s will be removed. Prime Minister Keir Starmer: “I went to university and I’ve always thought that we don’t value the two equally – and we should. “University is a good thing to…

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3 December, 2025 8 min read Share Copy Link Copied Accountants and bookkeepers surely don’t need anybody to remind them that Making Tax Digital (MTD), HMRC’s digital transformation programme for the tax system, reaches a new milestone in April 2026 when it expands to cover Income Tax. But what if your practice planning isn’t where you’d like it to be? Or what if you just want to check to ensure you’re doing things right and haven’t missed anything out? That’s what this blog is all about. Here’s what we discuss: MTD: The next frontier for accountants MTD for VAT was…

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As one major tech vendor makes deals with publishers, another is being sued by an influential publisher.On Friday, The New York Times filed a lawsuit against generative AI startup Perplexity for copyright infringement. The Times accuses Perplexity of illegally crawling its material and using its original journalistic reporting without permission or compensation. In a statement on the Times’ website, spokesperson Graham James said:”While we believe in the ethical and responsible use and development of AI, we firmly object to Perplexity’s unlicensed use of our content to develop and promote their products. We will continue to work to hold companies accountable that…

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