Email Alerts
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Northamber keeps eye on costs as gross margins drop
Northamber has given a clear insight into life for a distributor in the current economic climate with overstocking and falls in average selling prices making life difficult. An interim management statement revealed that although sales had improved b... News
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Small business lending drops
The level of credit that banks are providing to SMEs has declined despite the best efforts of the government to force them to increase the flow of cash to smaller firms. Under the terms of Project Merlin, which the banks agreed back in February, mor... News
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European tech M&A spending stable
Things remain stable on the technology mergers and acquisitions front across Europe although there were only a couple of $1bn plus deals in the last month. The latest figures from M&A watcher Regent Partners indicate that the number of deals dro... News
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Bank profits grow but calls for SME lending continue
The banks are being urged to do more to lend to small businesses with signs that where possible the finance sector is giving finance to those larger firms it deems to be safer bets. The call for more lending came on the day that Barclays unveiled pro... News
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Ingram Micro sales helped by favourable currency rates
Favourable currency rates have helped Ingram Micro to report a 7% increase in Q3 EMEA sales, despite the adverse effect of economic conditions on consumer demand in many European countries. Softer demand in Europe contributed to a decline in EMEA ope... News
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IT firms see fewer failures in September, says Experian
IT firms saw a slight fall in the rate of insolvencies during September, bucking current trends, according to financial services firm Experian. Experian counted 53 IT companies through the pearly gates last month, representing 0.05% of the Britis... News
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Kyocera Mita hopes to spark spending with finance package
Kyocera Mita has launched a finance programme to give resellers more of a chance getting customers to splash out on hardware and document management solutions. The vendor is working with CF Corporate Finance to deliver the programme which is aimed a... News
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Banks still not doing enough for SMEs
The banks have long been criticised by resellers, customers and politicians alike for failing to provide enough credit and support for cash-strapped firms and the situation shows little sign of improving. Despite various projects and iniatives being ... News
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Weak European economy hits Ingram Micro
European economic problems and weak trading in Australia prompted a cut in earnings from Ingram Micro despite the distributor raising its sales projections. The distributor joins a growing list of tech firms that have cited the ongoing fragility in ... News
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Small firms warned to keep up guard against CNP fraud
Small businesses have been warned to keep up their defences against fraudsters despite the level of cardholder not present (CNP) fraud dropping to the lowest level for 11 years. Figures issued earlier this month from Financial Fraud Action UK showed... News