Facebook Revenue Grows By A Third To £790m

Facebook's revenue has grown by almost a third over the last three months to £790m ($1.26bn), according to its latest results. The 32% increase during its third quarter came as the company reignited advertising growth with the help of larger-than-expected...

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Unions 'Strike Out' At Reform Proposals

The TUC has rounded on proposals to reform trade union laws, claiming they would weaken union members' voices and potentially risk escalating disputes. The changes recommended by business lobby group the CBI include allowing employers to offer pay settlements...

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Argos Overhaul Could See 75 Stores Shut

Argos has said it will close 75 stores in the UK over the next five years as it unveils a transformation plan for the business. The retailer's parent company, Home Retail Group, made the announcement as it reported a 37% fall in group pre-tax profit...

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Samsung Unveils Smart PC With Windows 8

Samsung has unveiled its latest smart PC which is powered by the upcoming Windows 8 software. The new models of the Ativ computer, which can be transformed from a laptop into a tablet at the touch of a button, run Microsoft's hotly-anticipated new operating...

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Equal Pay: Women Win Landmark Ruling

Women who earned less than men on the same pay grade when they worked for a local authority have won a battle for equal pay compensation at the UK's highest court. The Supreme Court said more than 170 former Birmingham City Council employees could launch...

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Struggle Ahead As Recession Nears End

As the UK prepares to exit the longest double-dip recession since the 1950s on Thursday, there is growing evidence of a fierce battle ahead to sustain economic growth. While British manufacturing output reached its lowest level for three years this...

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Bernanke's Hometown Struggles In Downturn

For most Americans, Dillon in South Carolina is just another small town you pass by on the road from New York to Miami. But take the turning off Interstate 95 and you will find yourself in a slice of small-town America that is feeling the economic downturn...

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Sky Sources: Ford To Close Southampton Plant

Ford is planning to close its Southampton factory as part of its restructuring in Europe, according to Sky sources. The announcement is expected on Thursday, when Ford's chief executive Alan Mulally is due to hold a business briefing call, and...

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Ministers Lure Spanish To Buy Admiralty Arch

By Mark Kleinman, City Editor Admiralty Arch, one of Central London's most famous landmarks, is to be sold to a Spanish property developer in a deal expected to net more than £60m for taxpayers. I understand that Rafael Serrano has seen off competition...

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Dyson Launches 'Corporate Spy' Action

Dyson has launched High Court proceedings accusing a German rival of planting a mole within its high-security research and development department. The British engineering firm, behind bag-less vacuum cleaners and the Airblade hand dryers, claims Bosch...

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