Tag: services

NI production and services output in ‘biggest fall since 2005’

Image copyright Reuters Image caption Many businesses effectively had to close overnight due to coronavirus Between April and July this year, two parts of the Northern Ireland economy saw their biggest fall since 2005. Official figures show services – the largest sector of the NI economy – reported an almost 18% fall in output. The decrease was caused by declines… Read more →

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Principality CEO Julia-Ann Haines: ‘Improve diversity in financial services’

Image copyright Principality Image caption Julie-Ann Haines joined the Principality in 2007 before becoming boss in 2020 Diversity in financial services must be improved, the new boss of Wales’ biggest building society has claimed. Julie-Ann Haines is the first woman chief executive of the Principality in its 160-year history. It has introduced blind shortlisting of candidates and ensured job adverts… Read more →

Mitie-Interserve deal creates outsourced services giant

Image copyright Reuters Image caption Both Mitie and Interserve have won contracts with NHS Nightingale hospitals Two of the UK’s biggest government outsourcers have agreed to merge their support services arms, creating a business employing almost 80,000. Mitie Group said it would buy the facilities management arm of rival Interserve for £271m. The deal will help Mitie gain scale in… Read more →

Sunak urges US to back digital services tax

Image copyright PA Media The coronavirus crisis has made tech firms “more powerful and more profitable”, the chancellor said in a letter signed by European counterparts. The letter from Rishi Sunak and finance ministers in France, Italy and Spain says tech giants, like Google, Amazon and Facebook, need “to pay their fair share of tax”. International talks are taking place… Read more →