Gates-way drug? Microsoft joint-s up with marijuana sales tracking company June 17, 2016 Microsoft has paired up with Californian startup Kind Financial, which helps businesses and government agencies track the sale of legal marijuana. Kind has launched a government solutions business after being selected by Microsoft to participate in its newly created health and human services division. The firms are aiming to create technology to track and trace the cannabis industry [...]
Labour MP Jo Cox has died after an attack in Birstall, West Yorkshire June 16, 2016 Labour MP Jo Cox, who was earlier today attacked in Birstall near Leeds, has died in hospital. The MPs behind both Vote Leave and Stronger In have suspended EU referendum campaigning. Cox was shot and stabbed outside a library in Birstall where she holds her weekly advice surgery. She was then airlifted to Leeds General Infirmary. A man in his 70s also [...]
Microsoft’s acquisition of LinkedIn: Tech businesses must not get carried away June 16, 2016 Dealmakers everywhere will be hoping that tech companies don’t get carried away by news this week that Microsoft has acquired LinkedIn for a considerable sum of money. On the face of it, Microsoft’s decision to pay $26.2bn (£18.5bn) for the social media company could seem excessive but the company will have completed detailed cost modelling exercises [...]
EU referendum: Leave camp pulls ahead in latest poll from Ipsos Mori which shows six point lead for Brexiteers June 16, 2016 The Leave campaign is ahead of the Remain side in the run up to next week's EU referendum, according to the latest poll from Ipsos Mori. The poll, conducted by Ipsos Mori and the Evening Standard, shows that the Out brigade have taken a six point lead, with 53 per cent of voters wanting to [...]
The workers’ Euros: Which side has won the argument on employment? June 16, 2016 The crucial game started well for the Leave team. They pressed the Remain team high up the pitch and, for at least the first half of the game, the Remain team were slow to respond. The Leave team said that there would be a “bonfire of Brussels regulations” and that this would free businesses from Brussels [...]
Mulberry has sales in the bag as pre-tax profit grows to £6.2m June 16, 2016 Designer handbag firm Mulberry Group has posted a £4m jump in profits, driven by retail sales as the company carries on with its turnaround plan. The figures The firm grew pre-tax profit to £6.2m in the year to 31 March, from £1.9m the year before. Total revenue was up by five per cent to £155.9m [...]
Jimmy Choo kicks shares into action ahead of AGM June 15, 2016 British shoemaker Jimmy Choo has sent its shares up by over 15 per cent in early trading, with an upbeat market update ahead of its annual general meeting (AGM). The luxury footwear company, which listed in October 2014, said it has made a good start to the year, with trading in line with expectations. "Despite the [...]
EU referendum: Rolls-Royce tells UK staff to vote Remain June 15, 2016 UK engineering firm Rolls-Royce has backed a Remain vote in next week's EU referendum, and said a vote to leave could be a boon to the company's US competitors. The company's chief executive, Warren East, warned staff that Brexit could result in decisions being put on hold. These decisions include the questions of whether to [...]
Betting odds indicate 62 per cent probability of Remain as banks plan to draft in senior traders ahead of referendum night volatility June 15, 2016 Betting odds indicate that there is now a 62 per cent probability of a Remain vote in next week's referendum, according to Betfair. The implied probability of an In vote fell on Tuesday to around 55 per cent but then recovered to around 62 per cent later in the day, the bookmaker said. The slight [...]
Euro 2016: Why those that catch the match should not be red-carded June 14, 2016 The European football championship in France has thrown up something of a dilemma for fans of the beautiful game – and placed the UK’s working patterns under scrutiny. The much anticipated England vs Wales match has been allocated a 2pm kick-off on Thursday 16 June. For the UK’s workforce – and bosses – the timing could not be much [...]