Thought leadership

Gambling machine climb down means new rules go ahead in April

The maximum bet on fixed-odds betting terminals will be cut from April after the government bowed to pressure. Ministers had been facing a parliamentary defeat, with several Tory MPs joining opposition politicians to table amendments to the finance bill. The chancellor said in the Budget the maximum bet would be reduced from £100 to £2 […]

Public sector outstanding rebounds with strongest performance in two years

The UK public sector outsourcing market recorded its highest quarterly performance since 2016 in the third quarter of 2018, as government departments focused on securing deals for IT and tech services, according to the Arvato UK Outsourcing Index. The research, compiled by business outsourcing partner Arvato and industry analyst NelsonHall, found that the strong performance […]

Budget 2019: Tech Giants face digital service tax

Technology giants will be forced to pay tax on the sales they generate in the UK, under new plans announced in the Budget. Chancellor Philip Hammond plans to introduce a digital services tax from April 2020 following a consultation. He said “established tech giants” will be targeted rather than start-ups. Companies such as Amazon and […]

Northern Rock: US Firm ‘mislead’ UK Government on mortgages says BBC Panorama

A US private equity company has been accused of misleading the government about the biggest sale of state assets in UK history. BBC Panorama has discovered Cerberus told the government it was planning to offer homeowners better mortgage deals before its £13bn purchase of former Northern Rock mortgages in 2016. But the company hasn’t provided […]

Water meters should be compulsory say MPs

Millions of householders in England and Wales could be forced to have water meters installed if a group of MPs gets its way. Members of the Environment, Food and Rural Affairs Committee (EFRA) say that all water companies should be allowed to introduce compulsory metering. They say that the idea is to help save water. […]

Facebook’s UK tax bills triples in a year while revenues rise by a third

Facebook paid £15.7m in tax in the UK last year, which is triple the amount it paid in the previous year. In 2016, Facebook’s tax bill rose to £5.1m, following a major overhaul of the social media firm’s tax structure. However, the company’s profits only climbed by £4m year-on-year from £58.4m to £62.7m in 2017. The […]

Ryanair issues profit warning as strikes continue to plague the airline

Ryanair has warned investors its full-year profits will be lower than expected, partly due to the recent wave of industrial action. The airline said its profits would be 12% lower than the €1.25-1.35bn (£1.11-1.2bn) previously forecast, and it now expects profits of between €1.1-1.2bn. Ryanair said this was due to higher oil prices, higher costs […]

Global smart meter market expected to reach $10.4BN by 2022 says GlobalData

The global smart meter market is estimated to reach $10.4bn by 2022, driven by rising emissions, domestic energy resource constraints, ageing infrastructure and the growing demand and cost of electricity, says GlobalData a leading data and analystics company. GlobalData’s latest report, ‘Smart Meters, Update 2018 – Global Market Size, Competitive Landscape, Key Country Analysis, and Forecast […]

RECORD NUMBER OF FINALISTS ANNOUNCED AT THE 2018 ENGAGE AWARDS – THE ONLY CUSTOMER AND EMPLOYEE ENGAGEMENT AWARDS PROGRAMME

Engage Business Media’s 2018 Engage Awards programme has broken records across the board with more categories, more finalists, and more entries deliberated over by more judges than ever before. For this year’s competition EBM are delighted to announce that we have a record number of deserving Engage Awards finalists across 19 categories selected by our […]