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  • Redstone celebrates first ever pre-tax profit

    Despite a slip in revenues, managed network services provider Redstone booked its first ever profit before taxation of £200,000 in the six months to the end of September, reversing a loss of £1.5m in the year-ago period 

  • Tech M&A values hit yearly high

    Technology mergers and acquisitions have hit a yearly high in the value of deals and seen the level of activity rise to around 250 transactions a month 

  • ACS swallows Serco education unit

    Advanced Computer Software (ACS) has picked up outsourcer Serco’s education unit, Serco Learning, for £7.25m in a deal that will add around £13.5m to the rapidly expanding firm’s top line 

  • Microsoft in the firing line over tax

    Microsoft has become the latest name to join Starbucks and Google on the list of firms that are being accused of not paying the UK tax man quite what they should be 

  • Scrapping of fuel tax welcomed by SME groups

    The decision by the Chancellor in the Autumn Statement to scrap the proposed 3p rise in fuel duty next month has been welcomed by business groups 

  • Phoenix covets more enterprise contracts in second half

    Phoenix IT Group management has been talking about its projected strategic direction during the second half of its financial year and says it is already reporting growing success in major accounts 

  • MicroScope's top stories, week ending 30 November 2012

    Our regular look back at the biggest channel news stories from the past seven days 

  • Weakened Westcon forces Datatec downgrade

    Datatec has issued a downbeat trading update after a much weaker performance in recent weeks than expected at comms, network and security distie Westcon 

  • Dixons shares rise as Comet woes continue

    Dixons has seen its shares carry on riding on the back of a return to profitability in the UK and expectations that it is going to benefit from Comet's problems 

  • Servo account fiddle dates back to 2009

    Integrator Phoenix IT Group has revealed that the profits at its midmarket services business Servo were deliberately manipulated over a lengthy period going back to 31 March 2009