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Articles about Spending Cuts

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Spending cuts force police IT merger

Cash-strapped police in the East Midlands will merge IT services in an effort to protect front line spending. Five forces - Derbyshire, Leicestershire, Lincolnshire, Nottinghamshire, and Northamptonshire - have agreed to work together to see what savings can be made. Each force currently runs its own staff administration system …
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Government slashes consultancy spending

Public sector spending on consultants fell sharply last year, according to a report from the Management Consultancies Association (MCA). It says that in 2010 the public sector spent 15 per cent less on consultants than it had in the previous year – although the MCA declined to disclose the total, saying it was confidential to …
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Gov depts to cut back office, IT spending

Several government departments will cut back office services and IT spending under chancellor George Osborne's comprehensive spending review. The departments for education, justice, international development, the Home Office and the Cabinet Office are to reduce their back office budgets as part of the government's plans to …
Kable, 20 Oct 2010
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Capita to get fat on govt cuts

Outsourcing giant Capita turned in "robust" results for 2010, despite a challenging business environment and a tightening of the government spending tap. Overall revenues were £1.7bn, up 2 per cent on the year. It reported "underlying profit before tax" of £364.2m, up 12 per cent on the year. This excludes items such as …
Joe Fay, 24 Feb 2011
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CBI calls for other people to suffer cuts

Lobby group the Confederation of British Industry (CBI) is urging Chancellor George Osborne to make cuts to the public sector rather than increasing the tax burden on its members. In a letter to the Chancellor ahead of the emergency Budget the business group calls for major reform of the public sector to create savings to help …
John Oates, 10 Jun 2010
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Huge jobs loss to follow public sector cuts

Half a million private sector jobs are likely to be lost as a result of public sector spending cuts. Predicted public sector cuts could mean 186,000 fewer jobs in business services and 47,000 fewer people employed in transport and communications. Add to that job losses from the construction, manufacturing and hospitality sectors …
John Oates, 13 Oct 2010
The Register breaking news

MoJ plots spending cuts to plug £1.3bn funding gap

The Ministry of Justice has confirmed it is considering spending cuts that could possibly affect IT systems. This follows a report in the Times of discussions on emergency action to fill a £1.3bn funding gap. It said that officials have identified a series of "quick wins" to recoup big savings that include the axing of computer …
Kablenet, 15 Oct 2008
The Register breaking news

Government ICT spending heads for plateau

Public sector spending on ICT is set to stabilise over the next five years. New research from Kable shows that while government is placing the brakes on the spending surge of recent years, the drives for efficiency and radical changes in service provision will open up new areas of growth. The UK public sector ICT overview and …
Kable, 24 Nov 2009
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Capita immediately suffers over government cuts

Shares in the outsourcing giant Capita are being offloaded in response to the new government's first round of cuts. At time of writing the firm is trading down almost two and a half per cent at 780.5p, in a market down only half a per centage point. Capita investors have reacted gloomily to the Treasury's announcement this …
The Register breaking news

Darling promises IT cuts, years of pain

Chancellor of the Exchequer Alistair Darling has promised spending cuts in order to try and rein in rampant government spending, helped by a windfall tax on bankers' bonuses. In his last pre-budget report before the election, Darling promised £5bn in cuts from technology projects, outsourcing prison management and reforming …
John Oates, 09 Dec 2009
The Register breaking news

Oracle suffers premature remuneration: Spaffs $900m on shareholders

Oracle is paying shareholders $867m in quarterly dividends early to beat a possible 2013 US tax hike. The company declared on Monday an accelerated second, third and fourth quarter cash dividend of $0.18 per share of outstanding common stock. The bonanza will be paid on 21 December 2012 instead of quarterly in 2013. Oracle’s …
Gavin Clarke, 04 Dec 2012
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SACK MORE BRITS, Symantec UK told by US supremos - sources

Symantec UK bosses must redraft their master plan to layoff Brit workers - after their first proposal was rejected by the US top brass for not cutting far enough, sources claim. As we reported a week ago, up to 1,700 employees worldwide - eight per cent of the total workforce - are expected to get the chop during June and July …
Paul Kunert, 21 Jun 2013
The Register breaking news

US gov cash slash threatens manned trips to asteroids and Mars

NASA overcame the glitches that plagued the SpaceX Dragon's most recent berthing with the International Space Station - but it still has other worries, according to the space agency's administrator Charles Bolden. Artist's impression of a manned mission to Mars Plenty of sun, sea and sulphur here on Mars Bolden has said that …
The Register breaking news

Those govt cuts - slasher horror or history-changing brilliance?

So, these Tories and Lib Dems, eh? Baby-eating bastards or careful correctors of a drunken sailor's spending spree? The most painful cuts since Abraham's circumcision or a mild trimming of the fiscal sails? You can read it all either way and depending upon your pre-existent political prejudices you probably have done. coalition …
Tim Worstall, 16 Nov 2010
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NASA chief: Earth is DOOMED if we spot a big asteroid at short notice

Billions of dollars are needed to keep the Earth safe from asteroids like the one that smashed into Russia last month, experts have told the US government. Planetoid crashes into primordial Earth While NASA has made good progress cataloguing nearly 93 per cent of larger Near-Earth Objects (NEOs), smaller meteorites like the …
The Register breaking news

Oracle hurt by IT spending cuts

Oracle has cut its profit forecasts for the first time in three years. The company has blamed cuts in corporate IT spending with senior management not signing off software purchases agreed by their juniors. The slowing US economy was the root of all this, but the company said sales in Europe and Asia Pacific remained strong " …
Robert Blincoe, 02 Mar 2001

ARMed warfare on the server: Intel versus AMD plus world?

Underdog, disrupter and casualty – AMD’s been on a rollercoaster ride in its battle against Intel. AMD rose on the strength of its 64-bit, x86-compatible server processors as Intel was penalised on Itanium; Intel re-bounded with the Xeon E5 as AMD got dragged down by IT spending cuts and problems with its Barcelona Opterons. …
Gavin Clarke, 31 Oct 2012
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Police back ends must be slimmed, says Home Sec

Home Secretary Theresa May has said that police forces need to ensure that they protect frontline staff by making cost savings on IT. May was responding to concerns raised by Labour MP Natascha Engel about budget cuts in Derbyshire and what impact they will have on rural communities. "We have been absolutely clear about the …
Kable, 07 Dec 2010
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Logica ups revs and orders

Logica had a decent first quarter and grew revenues by 5 per cent to £978m, compared to £932m last year. The reseller said orders were up 29 per cent to £1,4m. Logica's consulting and professional services division stayed steady after nine quarters of falling revenues. Outsourcing was up 13 per cent and commercial sectors up 9 …
John Oates, 04 May 2011
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Change to sustain public sector ICT spend

Public sector investment on ICT is set to remain steady over the next five years in the face of the government's spending cuts. New research by Kable shows that efforts to save costs in other areas and a redesign of many services will ensure that spending to support these will offset cuts in other areas. UK public sector ICT …
Kable, 27 Jan 2011

VC plans to flog or float public sector biz Civica next year

Private equity backers of public sector services and software player Civica are reportedly gearing up to punt or float the business early next year. Venture capitalist 3i is reviewing its options, says the FT. This comes more than four years after 3i forked out £190m to take the one-time AIM-listed operation private. Investment …
Paul Kunert, 03 Oct 2012
The Register breaking news

Osborne promises 'Budget for growth'

Chancellor George Osborne is promising this afternoon's Budget will be a strategy for growth when set against big cuts in public spending, which seem likely to push the UK in the opposite direction. An increase in personal tax allowance, the amount you can earn without paying tax, is widely expected. The Beeb reckons this will …
John Oates, 23 Mar 2011
The Register breaking news

Scotland Yard cyber-crime squad 'saved £140m'

The Metropolitan Police’s e-crime busting squad claims to have saved £140m in its last six months of fighting cybercrime. The figure, based on the theoretical earnings of the ne'er do wells collared by the team of cybercops, is ahead of the unit's full year target and 30 per cent of its four-year £504m goal. The Cabinet Office' …
John Leyden, 04 Oct 2011
The Register breaking news

Councils tout £1.2bn for IT whizkid to grab their backend

A one-billion-pound contract is up for grabs as three London councils hunt for IT hotshots to streamline their back-office systems - handling everything from criminal record checks and financial accounts to the payroll and psychometric testing. Westminster Council is spearheading the search for an IT provider that will service …
Anna Leach, 24 Jan 2012
The Register breaking news

BT layoffs boost profits

Layoffs and cost-cutting at BT have boosted BT's first quarter net profits by a third to £284m. However, revenues were four per cent down to £5bn, and CEO Ian Livingston said the firm is in talks with the government about how deep public spending cuts will affect it. He described the results as "an acceptable start to the year …
The Register breaking news

Osborne plucks strange fruit from the loon tree

HM Treasury has said it will implement three ideas submitted by the public to its Spending Challenge website which include a government e-auction site. The selling of surplus and second hand government equipment will be increased by expanding use of the Ministry of Defence's (MoD) online eDisposals service to other departments, …
Kable, 10 Sep 2010
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IDC slashes PC sales forecast for 2011

IDC today nearly halved its worldwide PC shipment growth forecast for 2011 on the back of continued sluggish consumer demand in mature markets. The analysis house projected yearly growth of 7.1 per cent back in February but has downgraded this to just 4.2 per cent following a weak Q1 when sales slipped 1.1 per cent with the …
Paul Kunert, 06 Jun 2011
The Register breaking news

Liverpudlians headbutt Cameron's 'big society'

Liverpool City Council has withdrawn from David Cameron's "big society" - the radical restructuring of the administrative paradigm which was meant to see real people running their own local services. The BBC explains that when he announced Liverpool would be a big society "vanguard" last year, the PM expressed the hope that " …
Lester Haines, 03 Feb 2011
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Councils look for 'good enough' IT solutions

IT departments in local government are moving towards minimising their costs in response to the spending cuts, according to a new report from Socitm. The annual IT Trends in Local Public Services report from the public sector IT organisation, published on 20 January, says that IT teams are having to cope with further reductions …
Kable, 21 Jan 2011
The Register breaking news

Greatest Living Briton loses £30m

The 'Institute of Web Science' is another casualty of the UK's spending cuts. The £30m institute was announced only two months ago in Labour's drunken pre-election cash splurge. The Greatest Living Briton, Sir Timothy Berners-Lee, was appointed to lead it, with backing from Southampton University - the Harlem Globetrotters of …
Andrew Orlowski, 25 May 2010
The Register breaking news

Small biz grits teeth over Bloody George's budget

Reaction to George Osborne's emergency Budget is mixed this morning, with most business leaders accepting the need for higher VAT and welcoming the cuts in corporation tax, while unions condemn him for a "vintage Thatcher" budget. The Confederation of British Industry accepted the need for VAT rises, welcomed changes to Capital …
John Oates, 23 Jun 2010
The Register breaking news

Company collapses? We've only just begun, warn accountants

An insolvency firm has warned that company collapses could shoot up later this year, as HMRC begins to take a firmer line on payments and long-awaited spending cuts start to hurt public sector suppliers. Begbies Traynor, which produces the Red Flag Alert, said that 140,000 companies experienced "Significant and Critical …
Joe Fay, 18 Jan 2010
The Register breaking news

UK.gov slams Facebook over Moat fan clubs

Prime Minister David Cameron said yesterday that he would make an official complaint to Facebook because it is hosting discussions and support groups for Raoul Moat. But he might start a little nearer to home. The two sites supposedly set up to support Treasury spending cuts and to crowd-source laws which need repealing are both …
John Oates, 15 Jul 2010
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Insight blames public sector for sales dip

A strong currency tailwind lifted Insight Enterprises's second quarter sales to growth in Europe as spending cuts in the public sector started to bite. Favourable forex conversions underpinned a 12 per cent rise in sales to $403m (£248m) but excluding the currency impact, sales were flat with a two per cent dip in hardware …
Paul Kunert, 05 Aug 2011
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Logica profits hit by misers in public sector

Logica is continuing to shift its order book from the public sector toward the commercial markets following a tough first half-year that challenged margins and gave operating profits a pounding. The IT service provider and consultancy's sales for calendar H1 were up 5 per cent to just shy of £2bn and it expects similar growth in …
Paul Kunert, 05 Aug 2011
The Register breaking news

Pre-election budget targets politics, not policy

In a budget lacking the traditional pre-election giveaway, the chancellor dedicated much of his speech to congratulating himself on measures taken in the last two years to mitigate the impact of recession and bail out the financial sector. The most significant tax change is to stamp duty, which will rise to five per cent for …
The Register breaking news

Public bodies told: Swapping data feels good, but you must be careful

Sharing data on public services could have serious consequences unless the material has been valued, maintained and protected and the original reasons for its collection have been taken into account, the Information Society Alliance (Eurim), has warned. In a report (PDF) on the quality of public sector information, the group …
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Coalition failing on UK economy

The Coalition government might be doing a good job of slashing public spending, but it lacks the vision needed to get the UK economy back on track. The criticism comes from outgoing CBI boss Richard Lambert, who used his final speech as boss of the lobby group to lambast the government's failure to outline a path to economic …
John Oates, 25 Jan 2011
The Register breaking news

National police procurement hub goes live

The National Police Procurement Hub goes live today with coppers in Lincolnshire the first to implement the "Amazon" styled e-commerce platform. The portal set up by ProcServe with the backing of the National Policing Improvement Agency (NPIA), allows fuzz to buy IT, body armour and vehicles from 500 suppliers – though it was …
Paul Kunert, 12 Aug 2011
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Budget Day: First dump from Osborne

Chancellor of the Exchequer George Osborne told the House of Commons that today's Budget was about reforming the UK economy and helping families deal with rising living costs. He said it marked a move from rescue to recovery. He claimed the changes had already brought stability to the British economy. Osborne said the …
John Oates, 23 Mar 2011
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US economy hands IT a mixed bag in December

It looks like the IT industry is faring no better or worse than the US economy as a whole when it comes to creating jobs. Private sector companies in the United States added 212,000 jobs in December, to some a sign that the economy is improving and to others that it is just bumbling along. Governments at the local, state, and …
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Computacenter Germany pips UK operation in growth stakes

Computacenter's (CC) UK operation fell under the shadow of its German counterpart – for the first time in history – during H1 following steep declines in product reselling. The services-based reseller today issued a trading statement for H1, showing that group revenues were up 6 per cent year-on-year. In constant currency and …
Paul Kunert, 12 Jul 2011
The Register breaking news

Treasury loony-magnet voting starts

The Treasury's Spending Challenge website now allows the public to vote on savings ideas - from the thousands suggested by members of the public. There are 44,000 ideas on the site and you can register and vote on them until 31 August. A Treasury spokeswoman said that the 63,000 responses collected confidentially from civil …
John Oates, 19 Aug 2010
The Register breaking news

Stay at home and watch telly, trade bodies urge Brits

In a desperate application of herd-mentality tactics, home entertainment trade organisations are once again trying to persuade us to buy more kit and content by telling us that's what almost everyone else is doing. Today, for example, the British Video Association (BVA) highlighted an online survey conducted by pollster YouGov …
Tony Smith, 01 Nov 2010
The Register breaking news

More than just snow hurting small biz

Yesterday's fall in GDP cannot be blamed on mere bad weather and shows the government must do more for small businesses or risk a double-dip recession, business lobby groups have said. Yesterday, the Office for National Statistics said the GDP fell by 0.5 per cent in the fourth quarter of 2010, compared to 0.7 per cent growth in …
John Oates, 26 Jan 2011
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Council dives into crematorium-heated pool

Redditch Borough Council has agreed to proceed with its plan to use waste energy from a crematorium to heat a municipal swimming pool. The provocative scheme gained cross-party support, and a final vote on the proposal saw 25 of 27 councillors in favour, with the remaining two abstaining. The project involves sucking heat from …
Lester Haines, 09 Feb 2011
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Cyber cops crush plod-snapper site following Millbank riot

The Metropolitan Police have tried to ban an anti-police website in the wake of the student protests against spending cuts last week. The Met's public order branch, CO11, contacted web host Just Host.com to request the site be removed because it was: "being used to undertake criminal activities". The host was then contacted by …
John Oates, 16 Nov 2010
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Server biz saves Cisco profits

Networking giant and server upstart Cisco Systems' financial results for its most recent quarter show that it's moving in the right direction – even though it has some ways to go and a rabble of competitors that want to take a piece out of its hide. And what direction might that be? It's coming back to its senses and competing …
The Register breaking news

Sun freezes jobs, steps up cost cuts

Sun Microsystems has introduced a recruitment freeze and stepped up its cost cutting programme in response to a slowdown in demand for its products. According to sources, Sun has told managers throughout the firm to drop any plans to bring in new employees. An internal memo, obtained by The Register, on the cost cuts(taking …
John Leyden, 19 Feb 2001
The Register breaking news

Google money machine returns to overdrive

Google's top secret money machine returned to overdrive during the fourth quarter, with the web giant reporting a 17 per cent leap in revenue from a year ago. In October, as the company announced its Q3 earnings, Mountain View chief Eric Schmidt told the world that the worst days of the worldwide recession were over, and clearly …
Cade Metz, 21 Jan 2010