Industry news

Launch of first national campaign to support businesses’ work with social enterprises and deliver positive change to their communities

In the current economic climate, some businesses have been forced to realign their strategy to the detriment of their corporate social responsibility objectives. In response, the Social Enterprise Mark Company is launching its first national campaign, 50 in 250, designed to support businesses’ use of certified social enterprises within their supply chains, and in the process dramatically improve the benefit they deliver to communities.

To celebrate the campaign launch, The City of London Corporation is holding an event on the 22nd of November at the Guildhall. It will be attended by leading social enterprises and opened by Gordon Morris, Chair of the Social Enterprise Mark Company and Managing Director of Age UK Enterprises, the largest financial organisation to be awarded the Social Enterprise Mark and Paul Sizeland, Director of Economic Development at the City of London Corporation. KPMG and Wates are also confirmed to be speaking at the event.

The 50 in 250 campaign aims to secure a pledge from 50 companies to do business with at least five certified social enterprises within 250 days. It has been developed to encourage businesses to recognise how their procurement could deliver substantial and innovative ethical benefit, while delivering to their overall commercial objectives.

Multi million package announced to boost innovation and research in the UK

A £75 million boost for high tech small and medium sized businesses is part of a package of measures announced today in the Government’s new Innovation and Research Strategy for Growth.

The strategy, launched by Business Secretary Vince Cable and Minister for Universities and Science David Willetts, sets out the Government’s plans to boost economic growth through investment in research and innovation across the UK.

Vince Cable said: “The UK has renowned universities and research institutes and a proud record of invention – from the creation of life-saving medicines to the development of the internet. This strategy builds on our strengths by setting out how we will work with businesses and research bases to underpin private sector led growth.

“We recognise that by improving the incentives for companies to innovate they will continue to create life changing products to drive future innovation and growth.”

Innovation Group, a supplier of outsourcing services to insurers, yesterday said major new client wins such as RBS Insurance helped boost its pre-tax profit by 54 per cent to £15.1m in the past year.

The firm said revenues rose nine per cent to £175.9m, while in Europe revenues rose 12 per cent as all businesses apart from its Spanish arm grew.

Innovation separately said it bought an Australian claims specialist for £13m, and said it expected more growth in 2012.

“We feel strongly that we have now moved from being a ‘turnaround’ business to a business delivering sustainable and profitable growth,” it said.

The Servest Group has signed a full IT outsourcing contract with Dimension Data, the global IT solutions and services provider. The three-year agreement is worth approximately R43 million.

The Servest Group provides multiservice solutions such as cleaning, hygiene, interior and exterior landscaping, security, turf and parking to over 7 000 clients throughout the United Kingdom and South Africa.

By outsourcing its IT operations, Servest will have the flexibility to concentrate on its core business and react quickly to business demand, providing a flexible and highly responsive service that adapts to changing requirements and delivers operational efficiencies that will contribute to the company's growth and competitiveness.

According to Mike Bouw, Group IT Manager, Servest: “Dimension Data has the resources to deliver, offers flexibility, the ability to innovate and is willing to manage the environment to fulfil our business needs.”

Whisper Systems has announced that it’s been acquired by Twitter.

Twitter confirms that it’s acquiring Whisper, but it has not stated its intentions or anything about the terms of the deal.

“The Whisper Systems team is joining Twitter starting today,” reads a statement from the company. “As part of our fast-growing engineering team, they will be bringing their technology and security expertise to Twitter’s products and services. We’re happy to have Moxie Marlinspike and Stuart Anderson onboard.”

A 10% corporation tax rate will apply to profits from companies' worldwide trading activities which are attributable to qualifying patents, the Treasury confirmed in draft Finance Bill 2012 legislation published today, establishing the 'Patent Box' tax regime.

"The Patent Box will provide an additional incentive for companies in the UK to retain and commercialise existing patents and to develop new innovative patented products," the consultation response says. "This will encourage companies to locate the high-value jobs associated with the development, manufacture and exploitation of patents in the UK and maintain the UK’s position as a world leader in patented technologies."

Amazon Web Services (AWS) has announced it would be rolling out its ElastiCache capabilities to four more regions, including EU West – based in its Dublin data centre.

The company launched ElastiCache back in August for its US East region – run from Northern Virginia – enabling users to speed up the retrieval of information from web applications by introducing caching technologies.

Capgemini UK plc, has been selected as Unilever’s global business intelligence partner, to work alongside Unilever IT and business teams in delivering a major transformation programme over the next three years. Unilever is one of the world's largest consumer goods companies, with 2 billion people using its products every day across 180 countries, and this major global programme will create its first Enterprise Data Warehouse (EDW), providing real-time data on its customers, markets and operations worldwide to support decisions on all the company's plans and activities.

The programme will involve migrating legacy data warehouses into the new EDW and providing new datamining and analytical tools to support Unilever management at all levels in achieving fast, informed and fact based decision-making based on comprehensive and up-to-date data. It is also expected to deliver significant sustainable cost savings both in IT and across Unilever business operations worldwide.

Willem Eelman, Unilever's Global Chief Information Officer, said: “This programme is one of our top strategic initiatives, not just for IT but for the Unilever business worldwide. It will transform the way our businesses around the world access and use information, bringing enhanced insight and consistency. Capgemini was the natural partner for us given their strong global Business Information Management experience and understanding of our business.”

Serco signs contract with Peterborough City Council to deliver service improvements and efficiencies

Peterborough City Council and Serco have now joined forces to create a strategic partnership that will improve services to residents and deliver at least £20m savings over the next 10 years.

The 10-year deal, with the option of two further five-year extensions, will see all 370 city council staff who currently work in these services transfer to Serco, with their terms and conditions protected under the Transfer of Undertakings (Protection of Employment) (TUPE) regulations.

NSPCC, the UK’s leading children’s charity specialising in child protection, aims to deliver cost savings by using Rosslyn Analytics’ award-winning cloud-based spend analytics and contract management platform, RA.Pid.

“Rosslyn Analytics has developed a unique offering that significantly reduces time and cost spent manually obtaining, managing and reporting data – these resources combined with the savings that RA.Pid will help us to identify, can now be dedicated to helping children,” said Catherine Dixon, General Counsel & Company Secretary of NSPCC. “Employing best business practices and technologies used in the private sector that release funds to help even more children and assist us to navigate this difficult economic climate is a ‘win win’ for the Legal and Procurement teams.”