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BY Rebecca | 3 May, 2014 | no comments

A rescue of Monarch Airlines has a “50-50” chance of emerging in the coming week, a source close to negotiations with potential buyers said last night. He was responding to reports that Greybull Capital, a secretive investment fund for the Meyohas family and others, was in pole position to enter exclusive talks to buy Monarch, probably for a nominal sum,…

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BY Rebecca | 21 April, 2014 | no comments

Lloyds Banking Group has refused to comment on reports that the bank might leave Scotland and domicile in the City, despite the “no” vote in the Scottish referendum. On Friday Royal Bank of Scotland, like Lloyds majority-owned by the UK government, said that it would retain its headquarters in Edinburgh. It was one of several financial institutions that had threatened…

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BY Rebecca | 11 April, 2014 | no comments

A small business owner has given up what should have been a lucrative deal with Tesco in protest at the supermarket group’s payment practices. Moo Free Chocolates said that it had to threaten the world’s third largest retailer with a winding up petition — which can force a business into liquidation if it refuses to settle a debt — in…

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BY Rebecca | 1 April, 2014 | no comments

Britain’s oldest bicycle maker is enjoying a renaissance thanks to booming sales in China. Pashley Cycles is finding that its commitment to domestic manufacturing is being rewarded by growing demand from China, which boasts an estimated 500 million bikes. The company, founded in 1928 and based in Stratford-upon-Avon, is expanding into a second base in the town to serve new…

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BY Rebecca | 22 March, 2014 | no comments

David Cameron will tell MPs that he wants to hold a vote on English home rule before the next election, cornering Ed Miliband as the leaders stave off accusations of backtracking over devolution. The prime minister will honour his pledge to give greater powers to Scotland regardless of whether he reaches a deal on “English votes for English laws”, Downing…

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BY Rebecca | 12 March, 2014 | no comments

There’s a pretty good argument for saying that while Bill Gates may be the richest person in the world, the most powerful person in the world is an affable historian called David Christian. The argument goes like this: Gates and Christian know each other. They get along and they share Christian’s take on the history of the Universe. Gates is…

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