HMRC national task force considering clampdown on eBay and Amazon over VAT fraud by overseas retailers December 22, 2015 The government is considering forcing online retailers such as Amazon and eBay to pay for millions of pounds of unpaid VAT owed by small overseas traders that sell through their sites. Lord Ashton of Hyde, a Treasury spokesperson, told the House of Lords on Monday evening that HM Revenue & Customs had established a national [...]
Amazon launches Pantry as it seeks a bigger slice of UK grocery market November 13, 2015 A week after it launched its first physical bookshop, Amazon is taking its retro approach further with the opening of its 'Pantry' service in the UK tomorrow. In a bid to take home a bigger slice of the £177.5bn UK grocery market, Pantry will offer Amazon Prime customers next-day delivery on over 4,000 "everyday essentials", including major food and drink brands, household supplies, child [...]
Ireland: a perfect partner for AI development May 25, 2017 China is emerging as a global powerhouse for artificial intelligence (AI) and Ireland offers an ideal location for Chinese companies to extend their international reach in this critically important space. China’s growing pre-eminence in this area is in line with the “One Belt One Road” initiative announced by President Xi Jinping in 2013 and the [...]
Budget 2017 UK predictions: What you can expect from the chancellor’s Spring Budget March 7, 2017 It's that time of year again: the chancellor is getting set to dust off his little red box and deliver the Spring Budget. It's the last one we'll see at this time of year, as Philip Hammond decided to move the major announcements to an Autumn Statement schedule. It's likely to be a more staid [...]
Amazon Black Friday 2015 UK deals: 7,000 bargains to attract one in five shoppers as Amazon Marketplace joins the sales frenzy for the first time November 9, 2015 One in five British shoppers are expected to take part in this year’s Black Friday shopping frenzy on 27 November, data from business analytics firm SAS shows, as the UK’s gears up for its biggest online shopping day of the year. Meanwhile Amazon today revealed that it will feature more than 7,000 deals during the week starting at midnight [...]
Microsoft is using wind to power an entire datacentre November 18, 2016 Microsoft Corporation has always been known for their image of environmental protection but this may be their biggest validation to date. The tech company announced on Monday they are in the process converting their datacenter in Cheyenne Wyoming to rely entirely on wind energy. Microsoft will be using three wind farms, two in Kansas owned [...]
Tech share prices are tumbling: Netflix, Tesla, Microsoft, Google, Amazon, Apple and more stock fall amid China rout January 4, 2016 Tech stocks have not escaped the market rout that has seen billions wiped of global markets on the first major day of trading in 2016. Tesla and Netflix both fell by more than seven per cent, with a downgrade for the movie streaming service by Baird, while the electric car company yesterday delivered sales figures at [...]
Do you have an analogue business in a digital age? November 10, 2016 UK small and medium-sized enterprises (SMEs) are weathering the tempest that 2016 has blown their way, remaining ambitious, while providing a sturdy backbone for our economy during this period of uncertainty. It will surprise few that websites, social media and online marketplaces are a conduit to success, and a driving force behind increasing revenues in [...]
Goals on demand: Why we’ll get an Uber for sports in 2017 December 23, 2016 We’ve all been spoilt by Uber, admit it. We now expect to get whatever we want from the touch of a button. Not several clicks, but one single touch. With fingerprints unlocking screens and the rise of voice control like Siri, even that touch will soon be one too much and next year, instant gratification [...]
Alibaba smashes record sales on Singles Day November 11, 2016 E-commerce giant Alibaba has topped its sales record for its annual Singles Day savings event in China. The biggest retail event in the world totted up $1bn worth of sales in the first five minutes, the retailer claimed, and by 20 hours in had reached $15bn (£12bn) as people snapped up bargains in its annual sale. Total [...]