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  • Rogue reseller employees in £123k procurement fraud

    Rogue employeesof resellers Bytes Software and Nettitude havebeencollared forcollusion in a £123,000 conspiracy to defraudLincolnshire-basedgrocery co-operativeNisa Today. The conspiracy was orchestrated by Nisa's IT procurement manager Trevor ... 

  • Syscap appoints Asset Works to track public sector IT

    Syscap is aiming to prod education and public sector clients sitting on out-of-date technology into investing in kit through a partnership with the Asset Works. The channel finance specialist has appointed the Asset Works to help it deliver verifica... 

  • Tech Data hit by strong dollar and weak global economy

    Tech Data has blamed the performance of the dollar against foreign currencies as one of the contributing reasons for a lower year-on-year performance in its fourth fiscal quarter. The distribution giant was also at the mercy of the global economic s... 

  • IT firms holding up as enterprise insolvency rates rise

    The number of IT firms falling into insolvency has remained stable at the start of this year compared with how things ended in 2011. The latest monthly figures from Experian show that 35 IT firms hit the wall last month, a 0.04% increase on the same ... 

  • CBI unveils Budget wishlist with call for tax reforms

    With the Budget looking on the horizon business groups have started to make their wishes known to the Chancellor as they look to try and get measures included that will support SME growth. The CBI has outlined its wish list including a call for &pou... 

  • Northamber reports half year loss as MD Matthews retires

    Northamber has given an indication of how difficult trading has been in distribution revealing that improvements it reported late last year have stalled as the economy weakens. The distributor revealed that not only was its half year sales down for ... 

  • Business optimism rises but investment continues to lag

    Business owners are feeling more optimistic about the prospects for profits and growth this year, although the shadow of a double dip recession is still hovering. Around a third of business leaders think there is a high risk of recession this year b... 

  • Tech M&A activity dips in volume and value

    The year started fairly quietly from the mergers and acquisitions perspective with the absence of any large deals. The latest survey of the M&A market from Regent showed that the there was a 20% drop in the number of deals in January compared to... 

  • Banks fail to deliver promised credit

    The high street banks have failed to deliver the level of credit to SMEs that the pledged as part of Project Merlin. The banks were meant to hand out loans totaling £76bn last year but figures from the British Banking Association revealed that... 

  • SMEs in the firing line as banks cut lending

    Credit for SMEs is set to become an even bigger headache as the volume of lending from the major banks drops. A warning sounded by Ernst & Young groups SMEs along with those individuals with credit prolems as likely to be the hardest hit as loan...