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Microsoft beats Apple for biggest market value

Microsoft beats Apple for biggest market value

Microsoft has unseated Apple to rank as the world's most valuable listed company, reclaiming the number one spot after more than 15 years. The software giant ended Friday with a market value of more than $851bn (£668bn) compared to Apple's $847bn. The...

BBC, 30 November 2018
 
Manchester's House of Fraser store Kendal's saved from closure

Manchester's House of Fraser store Kendal's saved from closure

House of Fraser's landmark Manchester store has been saved from closure, the company has announced. New terms have been agreed with the landlord enabling the former Kendal's store to continue trading. Sir Richard Leese, leader of Manchester City...

BBC, 30 November 2018
 
Landmark Manchester House of Fraser store saved from closure

Landmark Manchester House of Fraser store saved from closure

Nearly 600 jobs have been saved at landmark Manchester department store Kendals after the local council intervened to prevent its closure. The 182-year old House of Fraser store, in Deansgate, was set to close down in January after Mike Ashley’s...

Guardian, 30 November 2018
 
Cammell Laird boss: Strikes have cost £1.5m and 'more losses are imminent'

Cammell Laird boss: Strikes have cost £1.5m and 'more losses are imminent'

Strike action at Cammell Laird has already cost the Birkenhead shipbuilder more than £1.5m in lost business, the company's chief executive said. John Syvret warned "more losses are imminent" as union bosses pledged to continue strike action...

BBC, 30 November 2018
 
Kier construction shares lose 30% on plan to raise cash

Kier construction shares lose 30% on plan to raise cash

Shares in construction firm Kier, which is working on major infrastructure projects such as HS2 and Crossrail, have plunged by a third after it announced an emergency plan to raise £264m to cut its debt pile. The firm, which employs more than 16,000...

Guardian, 30 November 2018
 
No-deal Brexit would 'devastate' UK gaming industry, says report

No-deal Brexit would 'devastate' UK gaming industry, says report

A hard or no-deal Brexit threatens to cause serious harm to Britain’s gaming industry, which contributes almost £2bn a year to the economy, a report says. Because the industry works across borders and competes for highly skilled international talent...

Guardian, 30 November 2018
 
UK agency workers lose out on £500m a year in missing holiday pay

UK agency workers lose out on £500m a year in missing holiday pay

Agency workers are losing at least £500m a year in missing holiday pay and are being paid an average of 22p an hour less than employees for exactly the same work, an investigation into the fast-growing world of temporary work has revealed. Large parts...

Guardian, 30 November 2018
 
Let’s move to Chester: is that a tiny bit of mojo hiding among the history?

Let’s move to Chester: is that a tiny bit of mojo hiding among the history?

What’s going for it? There’s so much past in Chester. It piles up on the streets. It accumulates. Roman amphitheatre, medieval cathedral, Ruskinian town hall, all those Tudor black-and-white, half-timbered buildings straight off a Quality Street tin,...

Guardian, 30 November 2018
 
Women's state pension changes to get legal review

Women's state pension changes to get legal review

A campaign group representing women born in the 1950s has won the right to a judicial review into changes to their state pension age. A High Court judge has granted a review into how the government handled the raising of the pension age from 60....

BBC, 30 November 2018
 
Bank of England defends £100,000 summer party

Bank of England defends £100,000 summer party

The Bank of England has defended spending £100,000 on its summer party, saying it “carefully budgeted” for the lavish event. The governor, Mark Carney, joined over 2,500 staff and their families at the Bank’s sports ground in Roehampton, south-west...

Guardian, 30 November 2018
 
Bingo for hipsters? The modern revival of a great British pastime

Bingo for hipsters? The modern revival of a great British pastime

A DJ in a multicoloured lycra catsuit and sequin bomber jacket is bouncing around an east London basement to dancefloor classic D.I.S.C.O as beer-drinking young people wave their arms and chant along. Yet the giant letters being waved aloft by the...

Guardian, 30 November 2018
 

Fortnum & Mason’s Scots-born boss hails ‘exceptional’ trading

Fortnum & Mason, the iconic London-based retailer run by Scots-born chief executive Ewan Venters, has unveiled rising profits helped by a jump in sales of tea and biscuits. Overall sales in the year to July were up 12 per cent, reaching £126...

Scotsman, 30 November 2018
 
Trump signs trade deal with Mexico and Canada

Trump signs trade deal with Mexico and Canada

US President Donald Trump and leaders from Canada and Mexico have signed the successor to the North American Free Trade Agreement (Nafta). The revised deal has been renamed as the United States-Mexico-Canada Agreement, or USMCA. Renegotiating Nafta...

BBC, 30 November 2018
 

Hey Girls set to benefit from STV Growth Fund

Two businesses have gained membership of the STV Growth Fund, with each benefiting from £50,000 of marketing and support from the broadcaster. Michael Corrigan, managing director of Trtl, and Celia Hodson, the founder of Hey Girls, have both been...

Scotsman, 30 November 2018
 

Comment: Scots fintechs can lead open banking out of its infancy

Later this week, the great and the good of the burgeoning open banking industry jet into Edinburgh for FDATA’s Global Open Banking Summit. Scotland is a worthy host, seen by many to be the home of open banking, with a string of first adopters...

Scotsman, 30 November 2018
 


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