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Gartner revises quarterly IT forecast down on dollar fears
Worldwide IT spending now looks set to hit $3.7tn (£2.3tn) for 2012, up 2.5% on 2011 but down by 0.2% on previous estimates, according to Gartner's latest market outlook. However the lowered growth rate has more to do with the growing strength ... News | 05 Apr 2012
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UK economy pulls back from brink of double dip
Fears of a double dip recession have receeded slightly after the latest UK Services Purchasing Manager's Index (PMI) from Markit and the Chartered Institute of Purchase and Supply (CIPS) showed the economy grew at its strongest rate in the first quar... News | 05 Apr 2012
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Cashflow problems threaten to stall SME growth ambitions
Cashflow continues to be a problem for businesses struggling to get through the recession and could be holding back growth. The warning comes from the British Chambers of Commerce (BCC) which has said that there are many reasons to be optimistic and... News | 03 Apr 2012
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Lord Sugar weighs into credit debate
Lord Alan Sugar has decided to share his views about SME credit describing most of those that are rejected for credit as 'skint' and not worth the backing of the banks. The views from Sugar, shared at the Business 2012 conference, come at a time whe... News | 27 Mar 2012
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Channel failing to take up credit
Computer 2000 has indicated that it has more credit available for the channel with millions not being used by partners. The distributor has around £1bn available for credit to pass onto resellers but currently only around £400m of that is... News | 22 Mar 2012
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Chancellor uses Budget to talk up investment in verticals
The Chancellor has outlined plans to create the conditions to encourage business to invest pledging in his Budget to plough spending into infrastructure and to back key industry sectors that should deliver growth. The creative media sector, along wi... News | 21 Mar 2012
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Budget wishlist includes tax changes and more SME support
With the Budget just a day away the industry has made its wishes clear asking the Chancellor to simplify taxes and provide more support for tech start-ups. In addition there have also been calls for the greater use of open source to cut costs and to... News | 20 Mar 2012
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Government unveils details of SME credit easing plan
Details of the government's plans to ease the supply of credit to hard pressed SMEs has finally been unveiled a day before the Budget. The National Loan Guarantee Scheme is offering firms with a turnover below £50m with access to money at a si... News | 20 Mar 2012
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Weak UK economy highlighted as concern by Datatec
Datatec has described the state of the UK economy as weak as it revealed the state of its own fiscal finances in a trading update. The group, which includes Westcon, issued a pre-close statement for its fiscal year ended 29 February and highlighted ... News | 15 Mar 2012
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Slow start to the year on the tech M&A front
M&A activity in the tech market continues to struggle to get going this year as last month continued to show 2012 had started quietly. The latest survey of the market from Regent showed that following a 20% drop in the number of deals in January ... News | 13 Mar 2012