Dyson to move head office to Singapore

Image copyright Getty Images Dyson has announced that it is moving its headquarters to Singapore, from Malmesbury in Wiltshire. The move by the appliance maker means two executives will relocate – chief financial officer Jorn Jensen and chief technical officer Martin Bowen. Other work at Malmesbury will not be affected and no jobs will be […]

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Four more House of Fraser stores saved

Image copyright Getty Images House of Fraser stores in four shopping centres owned by Intu have been saved following talks with the department store chain’s owners, Sports Direct. The stores at Chapelfield in Norwich, Lakeside in Thurrock, Metrocentre in Gateshead and Victoria Centre in Nottingham had been earmarked to close. An Intu spokesperson said there […]

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UK employment total hits record high

Image copyright Getty Images The number of people in work in the UK has reached a record high of 32.54 million, latest figures from the Office for National Statistics show. Unemployment was flat, with a small increase of 8,000 between September and November for a total of 1.37 million. Average earnings excluding bonuses increased by […]

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Patisserie Valerie seeks bank lifeline

Image copyright Getty Images Troubled cake chain Patisserie Valerie is facing a crucial few days after a deal with its banks expired on Friday. The UK firm said in October it had uncovered “significant, and potentially fraudulent, accounting irregularities”. The company’s biggest shareholder, Luke Johnson, is now in talks to extend its cash lifeline from […]

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China’s slowdown and what it means for the UK

Image copyright Getty ImagesImage caption Exporters and investors will be looking at China’s GDP figures closely Monday sees the release of China’s GDP figures, and they’ll be even more closely watched than usual. Apple’s CEO, Tim Cook, blamed cautious Chinese consumers in part for his company’s failure to sell as many iPhones as he hoped, […]

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Edinburgh pays top share of property tax

Image copyright Getty ImagesImage caption Edinburgh has a large number of expensive properties Edinburgh home-buyers are paying nearly a third of all Land and Buildings Transaction Tax, according to new data from Revenue Scotland. The agency has broken down takings from different council areas. No other area pays more than 9% of the total. The […]

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Can pubs stand many more Dry Januarys?

Image copyright Rocket Leisure/ Graham TurnerImage caption The Old Street Records bar in Shoreditch “As a small independent bar group, we do feel a hit at the start of the year,” says Tom Jackman, director of the Northcote, Venn Street and Old Street Records bars in London. In January people are naturally recovering from the […]

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