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Cloud Computing A Growing Proposition In 2011


iomart Group, the cloud computing and managed hosting services company, today announced continued strong demand for its IT outsourcing services. Together with the recent entry of accountancy software producer Sage into the cloud, it looks as though new areas of business are taking note of the cloud as an important area for expansion, with business clients recognising the great advantages its mobility and accessibility can bring.


Federation of Small Businesses Calls For Budget Of Stability For Growth


Economic stability to give small businesses the confidence to grow should be the main message when the Chancellor delivers his Budget on 23 March, according to the Federation of Small Businesses (FSB).


HMRC Records Checks Worry Small Businesses


The Federation of Small Businesses (FSB) is concerned an HM Revenue and Customs (HMRC) consultation which closes on Monday, that could lead to implementation of spot checks on company records, will be used purely as a revenue raising exercise.


HSBC Pre-Tax Profits Double, But Shareholders Feel The Pinch


HSBC today announced its Annual Results for 2010, revealing pre-tax profits of 11.7 billion, more than doubling last year's total. The bank also saw a return to profitability in every customer group and region for the first time since 2006.


GDP Contraction: British Chambers of Commerce Comment


Commenting on the revised GDP figures and the business investment figures for the fourth quarter of 2010, published today by the ONS, is David Kern, Chief Economist at the British Chambers of Commerce


Financial Institutions Must be Clear on Deposited Funds' Origin Given Recent Political Unrest


At a time of unprecedented upheaval in the Middle East and North Africa, international financial institutions must be vigilant against accepting misappropriated funds, global compliance specialist World-Check has warned.


UK Economy Contraction: Economist Comments


The UKs shock contraction of 0.5% has been revised to -0.6% by figures published by the Office for National Statistics (ONS).


Lloyds Group Returns to Profit of 2.2 Billion


The part state owned Lloyds Banking group today announced a return to profits, owing in part to a 6% reduction in operating costs alongside a 7% growth in income, despite the moderate performance of the British economy.


Banks Can No Longer Deny Small Businesses Finance on Appropriate Terms, Says Business Group


Banks can no longer deny small businesses finance on appropriate terms, says business group


'Big Four' Banks to Review Selling of Will-Writing and Executor Services


Barclays Bank, HSBC, Lloyds Banking Group and RBS Group have all voluntarily agreed to review and, where necessary, improve the way they sell will-writing and executor services following discussions with the OFT.