Business and Other Briefings

OFT: The OFT last week announced plans to undertake a market study into equity underwriting & associated services. In 2009, companies raised an estimated £70bn of equity capital in the UK, paying an estimated £2bn in fees for equity underwriting and associated services.  Initial discussions have confirmed that there is some dissatisfaction with these services among corporate users of the market. Any interested parties can submit their views on the scope of the study in writing by 9 July 2010.
Press release ~ Equity underwriting market study page.
 
HMRCRevenue & Customs Brief 25/10
HM Revenue & Customs Brief outlining the revised policy on the VAT treatment of pay-per-click (PPC) sponsored links appearing on search engine websites.
Free, Secure, Compliant UK Public Sector IT Recycling Service