---
title: "Business and Finance News Service"
ocid: "ocds-b5fd17-2124fddc-11f7-48d7-90b7-99de8700cb8c"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-2124fddc-11f7-48d7-90b7-99de8700cb8c"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-2124fddc-11f7-48d7-90b7-99de8700cb8c.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-2124fddc-11f7-48d7-90b7-99de8700cb8c.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "H M REVENUE & CUSTOMS"
published: "2022-05-31"
---

# Business and Finance News Service

Buyer: H M REVENUE & CUSTOMS  
Current stage: Award  
OCID: ocds-b5fd17-2124fddc-11f7-48d7-90b7-99de8700cb8c

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-2124fddc-11f7-48d7-90b7-99de8700cb8c)  
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## Summary

The procurement process for a "Business and Finance News Service" contract was conducted by H M Revenue & Customs (HMRC), located in Salford, England. This contract falls under the industry category of data services, with a total value of £560,354. The procurement method was a direct award through a single tender action, executed below the threshold. The tender period ended on 30 April 2022, while the contract commenced on 1 May 2022 and is set to last until 30 April 2025. The contract has recently been awarded as of 30 April 2022, with the formal notice published on 31 May 2022.

This tender presents a significant opportunity for businesses in the data services and financial information sector. Companies that specialise in providing economic analysis, market insights, and risk profiling services may find this contract particularly relevant. Given that HMRC has engaged in a long-term relationship with the supplier, The Financial Times Ltd, businesses able to demonstrate competitive offerings and value-added services related to data analytics are encouraged to consider future opportunities within HMRC's procurement strategy.

## Notice

he FT provides HMRC colleagues with business, economic, markets, analysis, policy and risking news, with both a national and international focus; it is used across over 30 HMRC Business Areas for a variety of purposes, including but not limited to: * Risk profiling of individual companies * Business sector analysis (intervention) * Market trend analysis * Potential tax gap analysis * Help informing the production of budget papers for central Government * Identifying potential wealth/ownership of properties etc. * Case Working * Informing Policy Changes * Keeping up to date on Brexit news * Assessing risks * Tax and business policy analysis, * background on corporate and public policy making, * OECD or EU guidelines and policy changes * helping analysts interpret trends - eg emergence of new sectors, useful feedback from business leaders themselves * keeping people aware of issues to ensure they can react quickly to briefing requests from Ministers and take mitigating action, * provide insight into avoidance schemes, * plus their research has been useful reference for our analysts and they provide useful comment on HMRC.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/ebaf18e5-46f9-439a-bab7-035bc1b55a40 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Goods |
| Procurement method | Direct |
| Procurement method details | Single tender action (below threshold) |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 31 May 2022 |
| Submission deadline | 30 Apr 2022 |
| Future notice date | Not specified |
| Award date | 29 Apr 2022 |
| Contract period | 30 Apr 2022 - 30 Apr 2025 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £560,354 |
| Lots value | Not specified |
| Awards value | £560,354 |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Not specified |
| Awards status | Active |
| Contracts status | Not specified |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | H M REVENUE & CUSTOMS |
| Locality | SALFORD |
| Post town | Manchester |
| Postcode | M60 9LA |
| Country | England |
| ITL 1 | TLD North West (England) |
| ITL 2 | TLD3 Greater Manchester |
| ITL 3 | TLD34 Greater Manchester South West |
| Local authority | Salford |
| Electoral ward | Ordsall |
| Westminster constituency | Salford |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | THE FINANCIAL TIMES |

## CPV Codes

### Divisions

- 72 - IT services: consulting, software development, Internet and support

### Codes

- 72300000 - Data services

## Release History

- 31 May 2022 at 11:26 - AwardUpdate - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/ebaf18e5-46f9-439a-bab7-035bc1b55a40
- 31 May 2022 at 10:49 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/ebaf18e5-46f9-439a-bab7-035bc1b55a40

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/ebaf18e5-46f9-439a-bab7-035bc1b55a40
  31st May 2022 - Awarded contract notice on Contracts Finder
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/f480b34d-772e-45a2-a457-78c9b3e77ba7

## Provenance

This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-b5fd17-2124fddc-11f7-48d7-90b7-99de8700cb8c. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-2124fddc-11f7-48d7-90b7-99de8700cb8c.json.