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Next sales grow as online business outperforms
Next has reported that its autumn and pre-Christmas sales grew after buoyant online business trading.Total sales at the clothes retailer between 1 August and 24 December rose 3.1% compared with a year...
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Homebuilder Bovis predicts increased profits
The Homebuilder Bovis is predicting an increase in profits for 2012.UK housebuilder Bovis says it expects a significant increase in profit for 2011, following strong earnings growth. The Kent based...
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UK manufacturing sector returns to growth
The UK’s manufacturing sector has returned to growth, with overall activity at its highest level for eight months.The purchasing managers’ index (PMI) from Markit/Cips recorded a level of 52.1 last...
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De Beers annual profits jump 62%
Diamond miner De Beers has announced a surge in profits as Chinese and US shoppers snapped up its diamonds and gems.Underlying profits were up 62% last year to £443 million ($698 million). But the firm...
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Jaguar Land Rover sales boosts profits
Soaring sales of Jaguar and Land Rover cars have helped their parent company Tata Motors to a huge rise in profits.In the three months to December 31, profits rose 41% compared with 2010 to 34.1...
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Bovis Homes builds sharp annual profits increase
Housebuilder Bovis Homes has reported a steep jump in profits for 2011 and says the average sales price rose 5% to £180,100.Pre-tax profits for the year to December 2011 were £32.1 million- an increase...
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Singapore ranks best country for business
Singapore has been ranked the best country to do business for a ninth consecutive year, according to an annual survey by the World Bank. New Zealand came second and Hong Kong third in the lender’s...
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Aldi creating 35000 new UK jobs
Aldi is to create 35,000 new jobs in Britain as it almost doubles the total number of stores over the next eight years. The German discount supermarket aims to have 1,000 stores by 2022 and will open...
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Solar farm mutual shines on community
A new solar farm is part of the Big60Million community energy project which is part owned by local villagers. The group has a three further farms in Kent, Warwickshire and Stratford-upon-Avon, with...
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UK manufacturers plan increase in investment
UK manufacturers intend to invest more money over the next two years. Manufacturing represents about 10% of the UK’s economy according to a survey from manufacturers’ lobby group the EEF. It said the...
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Kingfisher to build 200 more Screwfix stores
DIY retailer Kingfisher- which owns Screwfix, says it would build another 200 stores in the UK. Kingfisher currently has 412 Screwfix UK stores, which supply tools, plumbing and electrical equipment....
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Five winning tips from tech ceos
What does it take to be a winning internet entrepreneur? The counter intuitive advice to fail – “fail fast”, “fail often”, “fail better” – is often heard from the lips of internet entrepreneurs. Jimmy...
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British universities’ business incubator rated world’s best
A group of British universities has been rated the best in the world at helping scientists turn their creativity into cash. The SETsquared Partnership – a collaboration between the universities of...
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Google’s CEO says UK is an ecommerce leader
The UK is the world leader in ecommerce according to the former Google boss Eric Schmidt. Now executive chairman of Google parent company Alphabet, Mr Schmidt said there was no reason why a hundred...
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Sustainability the key to long term business health
There is a growing realisation that humans’ success cannot be left unchecked- for the reason that we will ultimately impact on our ability to prosper. Action is needed, and it falls to business, along...
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Raspberry Pi maker Premier Farnell bought by Daetwyler
The maker of the Raspberry Pi mini computer is being bought by Swiss electronics company Daetwyler Holdings for 1bn Swiss francs (£700m). The deal values Premier Farnell shares at 165p each. The shares...
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Microsoft to buy LinkedIn for $26bn
Microsoft is buying the professional networking website LinkedIn for just over £18 billion in cash. The software giant will pay $196 a share – a premium of almost 50% to Friday’s closing share price....
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UK sees record number of foreign investment projects
A record number of investments were made by foreign firms in the UK in the year. The Department for International Trade recorded 2,213 inward investment projects, up 11% on the previous year. The data...
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Micro Focus – from takeover target to FTSE 100 newcomer
Almost exactly five years ago the UK software group Micro Focus was on the verge of being taken over. Valued at just over £500m the company was being wooed by a clutch of private equity firms. But...
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Tech Talent: Map of the UK’s digital clusters
There are more than 1.5 million “digital tech” jobs in the UK, and the sector is said to be growing faster in terms of turnover and productivity than the wider economy. Those assertions were outlined...
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