Tag Archives: Spend

The government doesn’t spend £17 million a year subsidising food in Parliament

A post shared by thousands of people on Twitter wrongly claims that the government spends “£17m a year subsidising food in Parliament”. 

The post, which has also been shared a number of times on Facebook, goes on to say that the £17 million total is “ £30,000 per MP and that’s BEFORE expenses”. 

This is completely inaccurate. As we have written before, catering services on the parliamentary estate are effectively subsidised by the taxpayers at a cost of millions of pounds each year. However, the yearly total is significantly lower than £17 million and catering services are offered to thousands of people working there—not just MPs. 

False or misleading claims about politicians have the potential to affect people’s opinions of individuals, parties or…


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KKR and GIP to spend $15bn on CyrusOne

CyrusOne is set for a return to being a privately held company after global investment firms KKR and Global Infrastructure Partners (GIP) announced a deal to buy the data center REIT out for $15bn.

The all-cash deal will see the private equity players acquire all CyrusOne’s outstanding shares of common stock for $90.50 per share.


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COVID-19 Impact and Recovery Analysis |Web Hosting Services Market Procurement Intelligence Report Forecasts Spend Growth of over USD 276.34 Billion

SpendEdge’s reports now include an in-depth complimentary analysis of the COVID-19 impact on procurement and the latest market data to help your company overcome sourcing challenges. Our Web Hosting Services Market procurement intelligence report offers actionable procurement intelligence insights, sourcing strategies, and action plans to mitigate risks arising out of the current pandemic situation. The insights offered by our reports will help procurement professionals streamline supply chain operations and gain insights into the best procurement practices to mitigate losses.

Information on Latest Trends and Supply Chain Market Information Download Our FREE Sample Report

Insights into the Market Price Trends

  • Suppliers in this market have moderate bargaining power owing to moderate…

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