Industry news

Theresa May has managed to back herself into a corner in Brexit negotiations before they have really started by declaring she can be ‘Bloody difficult’. After rumours of a disastrous meeting with Jean-Claude Junker, the European Commission President, Theresa May stressed her credentials, but to some it might appear slightly childish to start negotiations in such a chilly and robust way.

Related news: Tories to Target Take-overs

Hull City Council has entered a new partnership with Civica Digital, a division within the Civica Group which provides organisations with end-to-end digital solutions. The new engagement will see Civica Digital provide a Digital Enablement Suite to increase the efficiency of back office automation. You can read more of the story here.

Related news: Newark and Sherwood Council Join with Civica

Wipro unveiled its new brand identity that signifies a higher level of engagement and brand permission that helps clients leverage Wipro’s expertise to address their business requirements and drive future opportunities in this digital era. The new brand identity marks Wipro’s emergence as a trusted digital transformation partner to clients, delivering at global scale with increasingly localized capabilities, and leveraging hyper-automation, robotics, cloud, analytics, cognitive and emerging technologies. Click here to read more.

Related news: Data Discovery Platform from Wipro and IBM

The Office of Gas and Electricity Markets (OFGEM) has awarded National Grid Gas Distribution Ltd, in partnership with DNV GL, a major new innovation contract which will seek to improve the way gas bills are calculated, and enable the use of lower carbon alternative gases to fuel the homes and businesses of the future.

Related news: Energy Firms Face Price Cap

The European General Data Protection Regulation (GDPR) will have a global impact when it goes into effect on 25th May, 2018, according to Gartner, Inc. Gartner predicts that by the end of 2018, more than 50 per cent of companies affected by the GDPR will not be in full compliance with its requirements. You can read the full story here.

Related news: KPMG Warns Against Brexit Complacency

Indian IT services firm, Infosys, says it has plans to hire 10,000 workers in the US over the next two years and open two new tech hubs in the United States over the next few years. Indian IT firms have become a target in the US after Trump pointed the finger at them for outsourcing American jobs. The Indian IT service industries relies heavily on the H1-B visa program, which U.S. President Donald Trump has ordered federal agencies to review. You can read more here.

Related news: Infosys Looking to Avoid Distraction, Trump Continues Outsourcing Attack

The British Chamber of Commerce (BCC) has called on party leaders to remember other business policies rather than simply talk about Brexit on the campaign. The BCC wants parties to consider business environment and upgrades to infrastructure.

Related news: UK Election Announced

The Tories are likely to unveil plans this week in their election manifesto over takeovers by foreign firms. In a move to raise further drawbridges around the UK economy, plans to scrutinise foreign take-overs of more than 25% in business considered critical national infrastructure could be included by the party in the election campaign.

Related news: BCC Warns of Brexit Tunnel Vision

In a bid to tap into the product-driven global network, Sri Lanka is mulling expanding its Free Trade Agreements (FTAs) with top markets in Europe. He pointed out that if Sri Lanka could sign an FTA with the EU, then the country could continue to enjoy the advantages of GSP+ trade facilitation. Read the full story here.

Related news: Sri Lanka Attracts Big Investors, Sri Lanka Explores Digital Identity Council

UK tech firm, TransferWise is expanding in the Asia Pacific region as the unicorn firm looks to make the most of its approval for online verification in Singapore. TransferWise has proved to be one of the UK’s biggest tech successes with 10 offices worldwide and over 600 staff.

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