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  • Arrow Q3 sales and profits soar

    The global components operation at distributor Arrow fuelled a 27% hike in third quarter sales as profits rebounded. Revenues for the three months ended 2 October came in at $4.66bn (£2.9bn) while profits climbed to $118.5m (£75m), up fr...  News | 27 Oct 2010

  • IT business failures rise in September

    Sixty-seven IT businesses in the UK went to the wall during September, according to new monthly figures from financial information services provider Experian, a sequential rise of 52% and a year-on-year spike of 24%. Overall the data show thatthe ins...  News | 26 Oct 2010

  • Graydon UK seeking new managing director

    Graydon UK is interviewing for a new managing director with current boss Martin Williams set to stand down early next year. After 23 year at the credit reference agency he is semi-retiring but plans to continue building brand awareness at the Uxbridg...  News | 22 Oct 2010

  • Insolvency trade body warns corporate failures to peak in 2011

    Nearly half of all insolvency practitioners are expecting corporate failures to peak in the UK next year as the public sector spending cuts run deep into the economy. This is according to a survey by R3, the trade body representing insolvency profes...  News | 20 Oct 2010

  • Spending Review: Britain no longer in danger zone

    The Chancellor George Osborne has set out the details of the Spending Review with health, education and areas identified as drivers of economic growth protected. Osborne said that it had to stop wasting money to reduce the deficit, which the country ...  News | 20 Oct 2010

  • Avaya flexes financing muscles

    Avaya's financing arm, Avaya Financial Services (AFS), has launched a new flexible financing scheme, Lifecycle 0%, designed to allow customers to spread payments over a period of three, four, or five years depending on the lifecycle of the products t...  News | 19 Oct 2010

  • Nebulas Solutions secures private investment to fund growth

    Security and virtualisation specialist Nebulas Solutions has secured private investment to fund future growth. Kenneth Green, a private investor will take a 50% stake in the business, but the day-to-day running of the company will remain the respons...  News | 19 Oct 2010

  • Spending review will lead to more IT offshoring, says Ovum

    The government's spending review will boost IT offshoring, according to analyst firm Ovum, writes Kathleen Hall. Government departments and suppliers will be left with little choice but to go for the cheapest options for service delivery, which will...  News | 18 Oct 2010

  • Tech bosses voice support for Osborne cuts

    Prominent figures in the UK's ICT market are among thoseto voicetheir support for chancellor George Osborne's round of spending cuts to be announced this week. In a letter to the Daily Telegraphtoday, thirty-five of Britain's business leaders said th...  News | 18 Oct 2010

  • Eddie Pacey steps down from Avnet

    Following the integration of Bell Microproducts into Avnet, European director of credit services Eddie Paceyhas finally confirmed he is stepping down with immediate effect. In a career that spanned 18 years in IT distribution at Ideal Hardware and th...  News | 15 Oct 2010

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