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Banksy’s Dismaland gave Weston-super-Mare a £20 million boost

Over the past five weeks, more than 150,000 people have visited the Dismaland theme park in a derelict Weston-super-Mare seafront lido, which had been shut since 2000 and reopened in a blaze of...

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Blackberry revival boosted by sales increase

Blackberry has reported revenues of £377 million for the three months to November – 12% higher than the previous quarter. It was the struggling smartphone maker’s first quarter on quarter increase for...

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Amazon sees profits and sales surge

Amazon has reported a profit of £351 million in its first quarter, helped by a 28% jump in sales. Sales hit £37.8 billion for the three months to the end of March, helped by rising sales of its Kindle...

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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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Royal Mint sees surge in demand for gold bars and coins

It seems the quest for gold is not currently limited to the venues of Rio de Janeiro. The Royal Mint has said that it saw a “surge” in demand for the precious metal following the Bank of England’s cut...

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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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Netflix shares soar as video service posts jump in subscribers

Netflix has shaken off growth worries with new subscriber numbers that beat estimates and sent its shares soaring. The video streaming company added 3.2 million international customers in the last...

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Everything is cheaper- Burberry UK sees tourist boom

The Burberry British fashion house said tourists’ higher spending power due to the drop in sterling drove the rise. Comparable European sales, which exclude new store openings, were higher in the first...

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Amazon set to take on 5,000 this year as it expands its UK workforce to 24,000

Amazon = the UKís largest online retailer, says it will take on 5,000 new staff as it expands in areas from its development centres and fashion photography studio through to its fulfillment centres....

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