Just in:
Global Audience to Witness Thrill of Dubai World Cup // French Leaders Gather for Interfaith Iftar Dinner // Sunshine’s Debut Features Leave Tech World Scratching Its Head // Emirati Aid Reaches Ukraine as Food Shortages Bite // U.S. Compliance Takes Center Stage at OKX Following Industry Jitters // Digital Hub Unveiled: Xposure Launches Platform for Global Photography Community // German Job Market Resilience Bodes Well for Economic Recovery // TUMI Hosts Global Launch Event in Singapore to Unveil Women’s Asra Collection and Announce Global Ambassador, Mun Ka Young // 2024 Lok Sabha Elections Will Be The Costliest One Till Now In The Whole World // CABSAT 2024 Ushers in 30 Years of Media Innovation // AIA Hong Kong Wins More Than 20 Accolades at MPF Ratings MPF Awards, BENCHMARK MPF of The Year Awards and Bloomberg Businessweek Top Fund Awards // Ingdan Announces 2023 Annual Results // No running of govt from jail, says Delhi Lt Governor // Sharjah Chamber Breaks Ground on Final Expansion with New HQ Pact // Experience Ultimate Shopping Freedom at 4.4 Shopee Spree: Don’t Worry, Shop Shopee! // Samsung Electronics Launches 2024 Neo QLED 8K, Neo QLED, and OLED Displays to Spark the AI Screen Era // First-Ever Fortune Innovation Forum Draws Top Global Leaders to Hong Kong, Promoting Agendas On Collective Cross-Sector Advancement // Universal Language for Healthcare: General Authority Embraces Global Coding System // Infineon and HD Korea Shipbuilding & Offshore Engineering jointly develop ship electrification technology // Octa seeks to clarify Forex swap and swap-free accounts //
HomeBiz TechMicrosoft to increase UK prices of enterprise products, citing falling pound

Microsoft to increase UK prices of enterprise products, citing falling pound

 

Microsoft Corp said it will be increasing pricing for its enterprise software and cloud services in the UK in the wake of the sterling’s plunge since Britons voted to leave the EU.

 

ADVERTISEMENT

The price increase, from Jan. 1 2017, will be 13 percent for its enterprise software and 22 percent for its enterprise cloud services, it said.

 

Pricing changes will not apply to consumer software or consumer cloud services, the company said in a blog post. bit.ly/2e1NPPc

 

The vote to leave the EU took many investors and company executives by surprise, triggering the biggest one-day fall in sterling against the dollar.

 

The pound’s fall has affected profitability for many companies, as imported goods have become even more expensive.

 

Recently, Britain’s biggest grocery chain, Tesco, pulled dozens of Unilever brand products from its website after a disagreement over prices, in the wake of a the slump in the British currency.

 

Unilever had been trying to raise the prices it charges Britain’s big four supermarkets – Tesco, Sainsbury’s, Asda and Morrisons – across a wide range of goods by about 10 percent, saying it needs to offset the higher cost of imported commodities.

 

(Reporting by Sangameswaran S in Bengaluru; Editing by Sandra Maler)

 

ADVERTISEMENT

ADVERTISEMENT
Just in:
Infineon and HD Korea Shipbuilding & Offshore Engineering jointly develop ship electrification technology // Universal Language for Healthcare: General Authority Embraces Global Coding System // Andertoons by Mark Anderson for Fri, 29 Mar 2024 // Global Audience to Witness Thrill of Dubai World Cup // Digital Hub Unveiled: Xposure Launches Platform for Global Photography Community // Saudi Arabia Unveils Green Financing Tool to Achieve Net-Zero Goals // German Job Market Resilience Bodes Well for Economic Recovery // Samsung Partners National Heritage Board to Bring a Slice of Singapore’s Cultural Heritage to Samsung The Frame TV // U.S. Compliance Takes Center Stage at OKX Following Industry Jitters // US reiterates concern over Kejriwal arrest, Cong accounts // CABSAT 2024 Ushers in 30 Years of Media Innovation // Hope for Respite as UAE Endorses UN Plea for Gaza Truce // New Nylon Constant Torque Hinge From Southco Provides Position Control In A Compact Package // TUMI Hosts Global Launch Event in Singapore to Unveil Women’s Asra Collection and Announce Global Ambassador, Mun Ka Young // Experience Ultimate Shopping Freedom at 4.4 Shopee Spree: Don’t Worry, Shop Shopee! // No running of govt from jail, says Delhi Lt Governor // Samsung Electronics Launches 2024 Neo QLED 8K, Neo QLED, and OLED Displays to Spark the AI Screen Era // Andertoons by Mark Anderson for Thu, 28 Mar 2024 // Melco Style Presents “SANRIO CHARACTERS STUDIO CITY CARNIVAL” – Explore a SANRIO World of Unlimited Love and Cuteness // French Leaders Gather for Interfaith Iftar Dinner //