Nearshore Journal

By James Hall, Retail Editor
Alliance Boots, the pharmaceutical retailer and wholesaler, is to offload about £300m of retirement fund liabilities to Pension Corporation, a specialist buyout vehicle.
The deal will see Pension Corporation assume the management of the old Alliance Unichem defined-benefit pension scheme. Alliance Unichem merged with Boots to form Alliance Boots in 2006.
The scheme [...]

iReport —
Morgens Nørgaard is a well established businessman in the IT industry and the Founder and Managing Director of Miracle A/S, one of the leading IT companies in Denmark.
We talked about the IT market, the solutions they provide, outsourcing, and the impact of the global financial crisis on the IT sector.
Watch the video…
Source:http://ireport.cnn.com

By Tommy Stubbington
LONDON -(Dow Jones)- Capita Group PLC (CPI.LN), a U.K. outsourcing company, said Tuesday it has acquired the National Dental Plan group of companies, or NDP, for a cash consideration of GBP30 million on a cash-free, debt-free basis.
MAIN FACTS:
-NDP is one of the largest providers of corporate dental plans in the U.K..
-NDP made a [...]

By Karl Flinders
Ever since the government announced its massive cost cutting initiative the people I have spoken to all seem to agree on one thing. Costs can be cut by offshoring work to India.
There is certainly scope for more offshoring because there are no Indian companies in the government’s top 20 suppliers.
It does seem to [...]

Employees of Germany’s Federal Printing Works have demonstrated in Frankfurt against the outsourcing of a euro note printing contract. Germany’s central bank is courting offers from France and the Netherlands.
Around 250 employees of Germany’s Federal Printing Works demonstrated in front of Germany’s central bank, the Bundesbank, in Frankfurt on Tuesday, protesting a plan to outsource [...]

Swiss Re (Zurich) has extended its business process outsourcing contract with Falls Church, Va.-based CSC for 10 years. Under the terms of the deal, CSC will work with Swiss Res direct life insurance business, Admin Re through July 2020. Admin Re acquires blocks of life insurance business, enabling these primary insurers to release capital and [...]

By Kelly Fiveash
A preliminary appeal brought by Accenture against British Gas was rejected last week, after a judge ruled that a £182m lawsuit connected to the failure of a new billing system shouldn’t be obstructed.
As a result of that ruling the case will now be heard in court in October next year. It was first [...]