News
The UK public sector could be wasting £2bn a year

Thursday 5th December, 2013

New research has found that the UK public sector could be wasting as much as £2bn a year as a result of being slow to take up e-invoicing. The adoption of e-invoicing would make a real contribution to economic growth in the UK, driving productivity and efficiency by allowing greater output of goods and services for lower factor inputs, whilst also facilitating prompt payments and providing much-needed liquidity to many SME suppliers of large companies and the public sector.

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Wipro to buy US based Opus CMC

Wednesday 4th December, 2013

India's third largest outsourcing company, Wipro has announced plans to buy US mortgage consultancy Opus CMC for $75m. The company views the purchase as a way of increasing its presence in the financial services sector. Illinois-based Opus CMC employs over 490 people out of five centres in the US.

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Nigel Taylor joins Taulia to boost their European expansion

Tuesday 3rd December, 2013

In a meeting with Markus Ament of Taulia earlier this year, he talked passionately about the company's intention to drive forward into the UK and wider European market. An intention that was confirmed with the appointment of a new MD for Europe a couple of months ago and is now followed up with the appointment of Nigel Taylor as their new European Business Development Director. Nigel will be responsible for driving expansion throughout the UK and Europe.

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FISCAL joins Deloitte Technology Fast 50

Monday 2nd December

When a company grows rapidly at a time when many others are pulling in their horns, they must be onto something good. And that something good is much in evidence at Reading based FISCAL Technologies. The company has joined that group of technology companies at the forefront of sustained growth in the country, by gaining a place in the 2013 Deloitte Technology Fast 50 (a ranking of the 50 fastest-growing technology companies in the UK). Rankings are based on percentage revenue growth over five years, during which time FISCAL grew 487%.

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Retailers could miss out on £640m due to technology glitches

Friday 29th November, 2013

The countdown to Christmas has been planned for months, but today (known as Black Friday), now signals the start of the rush for seasonal sales. The phenomena started in the US, to capitalise on the opportunity to retail to millions of Americans taking time off from work to enjoy Thanksgiving celebrations. Now the globalisation of the retail market means international brands and retailers are now using Black Friday as a trigger point to launch seasonal offers across the world, and this year UK consumers are also expected to benefit from a host of tempting Christmas deals. However experts caution that instead of cashing in for Christmas, UK retailers could be left with a £640m worth of lost sales caused by retail operations struggling to cope with a dramatic surge in sales.

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