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Industry News

Thursday, September 21, 2017
Capita Restructure on Target
Outsourcing firm Capita has seen profits rise in the past six months but revenues declined, worrying investors.

BMW Encouraging Innovation in Car Market
BMW have launched their second tech start-up programme in the UK at its headquarters in Farnborough.

Google Returns to Smartphone Market
Alphabet Incorporated's Google said it would bay over one billion dollars for a division of HTC, moving Google forward in the smartphone market.

Influential Financial Think Tank Warns on Brexit
The City UK, an influential trade body for the financial industry in the UK has warned about the unpredictability of Brexit and is hoping for a transition period with the European Union.

Cooperative Group Moves Away From Bank
The Cooperative Group sold its remaining stake in the Coop bank today, removing itself completely from the business.

Wednesday, September 20, 2017
Middle East Must Address IT Staff Shortfall
A survey by ComputerWeekly finds that Middle Eastern economies need to offer more training and employ fore women to deal with potentially crippling IT staff shortages.

FSB Notes Increased Uncertainty in Business Climate
The Federation of Small Businesses has released figures from its survey of 1230 of its members indicating that 13% of respondents were looking for a way out of business.

UK Retail Growth Continues Long Upward Trend
Retail sales grew by 1% in the month of August according to the Office of National Statistics (ONS).

BPO Firms Expands Operations in Jamaica
Business process outsourcing company ADV Communications Limited, a joint venture between ICD Group and Advantage Communications Inc of Canada, plans to increase its number of jobs by 500 by the end of next year.

Online Retail Shows Healthy Growth Despite Inflation
UK online retail sales were up +16.4% year-on-year (YoY) in August, according to the latest figures from the IMRG Capgemini e-Retail Sales Index.

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