Advertisement

@UK signs delayed contracts

@UK, a cloud e-commerce marketplace, said it had now signed three new contracts that were delayed from 2012.

@UK, a cloud e-commerce marketplace, said it had now signed three new contracts that were delayed from 2012.

They are re expected to deliver revenues of over £500,000 over a three year period, the firm said.

The first saw Serco purchasing an extension of the @UK marketplace for Hertfordshire County Council to allow the council to sell its in-house services to schools and academies.

Advertisement - Article continues below

It is also creating e-commerce marketplaces for Bristol City Council and not-for-profit company JISC Advance.

Ronald Duncan, Chairman of @UK, said: "While it is always difficult to be certain of the timing of public sector contracts, we are confident that the market for our services is expanding and we view the future with confidence".

The firm's shares were trading up 9% by 0930, following the news.

MM

Advertisement
Advertisement

Recommended

Broker safety – your questions answered
Investment strategy

Broker safety – your questions answered

Cris Sholto Heaton answers more of your questions about the safety of stockbroker accounts
25 Mar 2020
How demographics affects stock valuations
Investment strategy

How demographics affects stock valuations

New research suggests that stock and bond valuations are driven by the age of the population – at least in the US.
24 Feb 2020
Do you own shares in Sirius Minerals? Here’s what you need to do now
Stocks and shares

Do you own shares in Sirius Minerals? Here’s what you need to do now

Mining giant Anglo American has proposed a cash takeover of Yorkshire-based minnow Sirius Minerals. Unhappy shareholders must decide whether to accept…
20 Feb 2020
Why investors should be “cautiously bullish” for 2020
Stockmarkets

Why investors should be “cautiously bullish” for 2020

Analysts have been out in force making rosy predictions for stockmarkets in 2020, but while there is certainly a case for optimism, investors should r…
17 Jan 2020

Most Popular

An economics lesson from my barber
Inflation

An economics lesson from my barber

On reopening his shop after lockdown, Dominic Frisby’s barber doubled his prices. It’s all part of the post-Covid inflation process – and we’re going …
8 Jul 2020
Can Rishi Sunak save the economy with stamp duty cuts and half-price meal deals?
UK Economy

Can Rishi Sunak save the economy with stamp duty cuts and half-price meal deals?

John Stepek runs his eye over the chancellor's £30bn stimulus package and asks if it's enough to get the economy back on its feet after months of lock…
9 Jul 2020
A first-half home run for investment trusts
Sponsored

A first-half home run for investment trusts

The investment trust sector has seen some extraordinary performance in the first half of this year. Max King looks at what's behind it, and asks: is i…
7 Jul 2020