Customers upload an encrypted copy of their Sage Accounts data to the Sage Drive cloud service and then invite others to access it via the Sage Drive Management Centre. Changes made are then uploaded to the data in the Sage Drive cloud and downloaded to all connected locations. The result is that users, running the same version of Sage 50 Accounts, can then connect to the accounts data from an internet-connected computer. Very neat, especially in these trying times. Except, of course, when it doesn't work. Sage is not unfamiliar with the curse of bork: its Business Cloud Accounting service turned its toes skywards around this time last year. The company has also been offloading bits and pieces, including its Brazilian operation last March, in the pursuit of cloudier business models. The company's most recent set of results for H1 2020 showed a 5. 7 per cent increase of total organic revenue to £935m compared to H1 2019 but a 0. 6 per cent drop in its organic operating profit margin to 22.
NEWCASTLE fans are dreaming of a new golden era if Saudi Arabia's Crown Prince Mohammed ends Mike Ashley's reign. But while the Toon Army is desperate to start a victory march, Newcastle also have to meet the Premier League's "profit and sustainability" regulations. 1 Newcastle will spend big under new ownership - but they can't go overboard While the Prem demands and restrictions are much less severe than Uefa's Financial Fair Play rules, it does not mean Newcastle would be given the green light to "spend, spend, spend" with no limits. The Premier League allows clubs to record losses of £105m across three seasons - £35m per year - as long as the owners are able to support them. They also mandate that wages only rise by a total of £7m per season - enough to pay for the right leg of a top 20-goal a year striker, up until Christmas. In contrast, Uefa allows losses of just £39m over three seasons - or £13m per year. As the sovereign wealth fund representing one of the richest countries on the planet, Saudi ownership would see such losses as little more than loose change.
WASHINGTON (Reuters) - The best-laid plans of Democratic presidential contender Bernie Sanders were upended this week – and his campaign is struggling to get back on track. Democratic 2020 U. S. presidential candidate and U. Senator Elizabeth Warren (D-MA) speaks at a campaign town hall meeting in Newton, Iowa, U. S., January 17, 2020. REUTERS/Shannon Stapleton Sanders went into the week looking to draw a sharper contrast between his progressive agenda and that of former Vice President Joe Biden, a moderate and his top rival for the Democratic nomination. Instead, his flap with fellow senator, friend and progressive ally Elizabeth Warren over gender and electability has dominated the news, an unwelcome twist for a campaign that pulled into the top of the race in the early voting states of Iowa and New Hampshire just weeks before the first voting begins. The U. senator from Vermont has found himself on the defensive after Warren accused him of telling her during a 2018 meeting that a woman could not beat Republican President Donald Trump in the November election.
8 per cent compared to the previous year (PDF). As for Sage Drive, at the time of writing, it continues to have issues. The company's status page warns that "some customers may be unable to access Sage Drive at all. " We have contacted Sage to learn more and will update should the company respond. In the meantime, we fear customer patience is starting to wear a little thin. FFS @sageuk Get your act together will you. My business RELIES on sage drive. 2 days with no SAGE means 2 days of no dispatch, 2 days of no revenue, 2 days of lost customers. THIS IS NOT GOOD ENOUGH!!!!!! — Pottr564 (@pottr564) June 16, 2020 * Tottering Infrastructure Turns Some Users Purple A spokesperson for Sage sent us a statement: "We know that a minority of customers in the UK are having some issues with Sage Drive. We're getting in touch with those affected and have a team of engineers working to fix the issue. " ®
The most visible sign of any change would be on the first team strip. Newcastle's Prem rivals are already suggesting they expect to see the Aramco logo - the Saudi Arabia Oil Company, with a net annual income in excess of £100billion - replacing Asian gambling company Fun88 on the club's shirts next season. ST JAMES' PARK NO MORE? A renaming of St James' Park, as part of another long-term and valuable naming rights deal, is also expected. The issue, though, would be the valuation of the deals - and who was actually paying for that or other sponsorship contracts. Uefa found PSG had grossly over-sold its various sponsorship rights to companies linked to their owners, Qatari Sports Investment - part of the gulf state's government and business arm. Manchester City, on the other hand, are being investigated by Uefa - if not the Prem - over allegations that sponsorship deals with Abu Dhabi companies were no more than a cover for investment by owner Sheikh Mansour. While Uefa regulations only become relevant if Newcastle qualified to play in continental competitions, Prem chiefs would be put under pressure from other clubs to ensure any Toon deals were above board and "fair market value".
Reporting by Simon Lewis and James Oliphant; Additional reporting by Amanda Becker in Washington, Michael Martina in Iowa and Chris Kahn in New York; Editing by Soyoung Kim and Peter Cooney for-phone-only for-tablet-portrait-up for-tablet-landscape-up for-desktop-up for-wide-desktop-up
Fujitsu faces a potential criminal investigation after a High Court judge's savage criticism of the outsourcing company and one of its customers, the Post Office, at the end of a long-running trial over the state mail operator's core IT system. In the so-called Horizon judgment handed down on Monday, Mr Justice Fraser went for the Post Office's jugular, saying its attempt to defend its Horizon IT system "amounts to the 21st century equivalent of maintaining that the earth is flat. " Back in 1999 the Post Office inked a deal with Fujitsu for an IT system called Horizon for managing its sprawling network of branch offices around the country. Post Office coughs £57. 75m to settle wonky Horizon IT system case READ MORE That system was the cause of accounting irregularities, as the High Court has now found: over-the-counter payments accepted by Post Office branch managers (called subpostmasters, or SPMs) sometimes did not tally with the Horizon system's accounting. The judge found that when these inaccuracies were reported to the Post Office by SPMs, the public sector body showed "the most dreadful complacency, and total lack of interest in investigating these serious issues, bordering on fearfulness of what might be found if they were properly investigated. "
U. policy has been, even before President Trump, leaning towards Azerbaijan, driven by the twin magnets of Baku's oil wealth and the tempting concept of "encircling" Russia with a string of pro-Western anti-Russian states. During the U. presidential campaign, Democratic candidate Joe Biden issued a position paper outlining a greater emphasis on helping Armenians in both Armenia and Nagorno-Karabakh. [10] Campaign promises should, of course, be taken with a grain of salt. doesn't have the attention span to work to detach Armenia fully from the Russian sphere of influence (Russia also seeks to expand its influence in both Turkey and Azerbaijan) even if it tried. With so many hotspots and crises elsewhere, and with the fait accompli caused by the latest war, the Southern Caucasus is just not going to be an American priority. But there is some room for an American policy towards Armenia that has clear and humble goals seeking to strengthen the capacity of this ancient Christian people to remain rooted and flourish in their homelands.