There has been a great deal of publicity in recent days about how to prepare for a no-deal Brexit, but delivery expert ParcelHero says the procedures for shipping items to the EU from 1st November onwards will be very different if a deal is agreed. “The Government’s £100m advertising campaign has …
Read More »UK tech sector being held back by slow economy, says KPMG
The UK tech sector marked seven years of continuous business activity expansion in Q2 2019, but, according to KPMG’s latest UK Tech Monitor Index, there are now signs that “subdued domestic economic conditions” have started to hold back growth. The Index, which measures the strength of business activity across the …
Read More »Soaring logistics company failures “an early warning of a possible recession” says ParcelHero
ParcelHero has warned that the failure of a significant number of major logistics and delivery companies over the past year is an early warning of a possible Brexit-fuelled recession. Calling the logistics industry a “bellwether for the economy”, ParcelHero says that the abnormally high number of leading supply chain companies …
Read More »UK firms should be “careful what they wish for” when it comes to a Brexit resolution, warns ParcelHero
Despite UK businesses crying out for a resolution to the Brexit limbo, ParcelHero has warned that they should be careful what they wish for, as its recent study reveals most companies go bust immediately after, rather than during, a downturn. Whether it’s a hard, soft or no-deal Brexit, most businesses …
Read More »Brexit-related uncertainty affects European PC sales in Q1
Volume sales of PCs through Western European distributors were down 2.4% in Q1 2019 compared to last year, reveals the latest report from Context. The report shows that consumer demand remained weak throughout the first quarter. Another factor was the continuing tight supply of Intel chips. Consumer PC sales declined …
Read More »CONTEXT urges the channel to ensure it has contingency plans in the event of no-deal Brexit
Macroeconomic headwinds including Brexit will inevitably have an impact on channel growth in 2019, warns the IT market intelligence company.
Read More »UK tech sector sees weakest growth for three years thanks to “global trade frictions”
KPMG’s latest report says Brexit-related uncertainty has caused client spending to slow down.
Read More »Brexit deal will “secure certainty for UK’s world-class digital sector” says Digital Secretary
“Our message to the UK’s world-leading digital and tech businesses is clear. We have secured the best deal possible to protect our businesses and make sure our personal data is processed safely and securely.”
Read More »John Lewis reports 99% plunge in profits
New stores, rival discounts and Brexit blamed for profit slump.
Read More »UK consumers expect Brexit to trigger surge in high street prices
RichRelevance’s Michael Ni warns that retailers “must avoid complacency” and be proactive in driving brand loyalty to ensure sales remain strong.
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