UK, Sage the software giant, its accounting software is struggling. The UK Brexit has compounded woes. The software issue relates to recovery costs. The long term issue is that the Sage software product has to go up. The UK is short, its split from the EU means that the high UK overhead costs will need to be recovered. Thus Sage is expected to pump the licensing and niche market reports. The Profits from these markets is fantastic, from insiders prespective. The issue that impacts the entire spectrum is whether the UK is stable to use in the long term. London appears on the verge of collapse, will Sage follow.
2023-03-03