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News about companies and markets, finance directors and their teams, developments in financial reporting and the impact of accounting standards and regulation

OGC begin civil estate examination

Whitehall procurement watchdog begins six-month pilot into the government's high-spending civil estate

Head of IT latest exec to leave Sainsbury's

The head of information technology at J Sainsbury who managed the supermarket's disastrous IT systems roll out is to be replaced in March by the director of European strategy at Asda.

Hyder interims are on track

Management and engineering consultancy Hyder Consulting has posted half-year profits in line with expectations and 'significantly higher' than last year.

Capgemini CEO joins Unisys

Alwyn Welch has joined Unisys as vice president and general manager of its UK, Middle East and Africa region.

Lloyds TSB to outsource up to 2,500 jobs

Lloyds TSB Group is planning to outsource up to 2,500 back-office jobs to India by the end of 2005, many of which will replace positions currently filled by UK workers.

Xansa set to win £250m NHS deal

Consultancy Xansa looks set to win the Department of Health's £250m ten-year deal to deliver finance and accounting services to the NHS.

Double resignation stuns M&C Hotels investors

Shares in Millennium & Copthorne Hotels were hit yesterday by news of the resignation of the company's chief executive and finance director.

Europe has bad report

European multinationals are still unable to match the very best performance of US corporates for timeliness of reporting and could be missing out on valuable management information, according to PricewaterhouseCoopers' survey of 160 organisations headquartered in Europe.

Training plans get IPD vote

Gordon Brown's pre-Budget statement was given a cautious nod of approval by John Philpott, chief economist at the Chartered Institute of Personnel and Development.

News in brief

CRM strategiesare being given increasing prominence at board level, according to a recent survey by management consultants, Winchester White. 65% of respondents stated that CRM held equal status with other corporate strategies. Key drivers contributing to this growing focus among senior executives are: achieving customer satisfaction/loyalty, increased retention of the current business base and developing the lifetime value of customers.
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