The terminator meets Mr Complacent
Article Abstract:
Demand for outsourcing is increasing in the UK as the public and private sectors are pushed to increase efficiency and cut costs. Contracts are becoming bigger and involve increasing amounts of technical expertise, which favors the larger outsourcing enterprises. Contracting out began in the UK with simple tasks such as cleaning, and has spread to technical operations such as management of information technology. The UK market could grow by an annual level of 25% between 1996 and 2000.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1996
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They think they're going to make it
Article Abstract:
Some companies face severe problems yet still manage to recover. This is the case of Next, which is included in the UK FT-SE 100. Ratners, which also suffered serious problems, has not undergone such a recovery. A successful recovery depends on a number of factors such as having the right boss, taking appropriate action, and good luck. Companies may need a clearer focus if they have diversified unwisely. Disposals may both contribute cash and stem losses.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1996
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Rentokil makes big bet in search of growth
Article Abstract:
Rentokil is seeking to acquire BET in a hostil bid. BET's activities include resort management and conference centers. Rentokil may not be able to pursue rapid growth if an acquisition is not carried out. There is some overlap between the activities of the two companies, though there are also differences. Rentokil is seeking growth of over 20% annually. The company has offered 1.8 billion pounds sterling for BET, and may have to increase this offer.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1996
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