Liffe cuts workforce in move to electronic trading
The London International Financial Futures and Options Exchange (Liffe) will lay off 600 staff as it moves to an electronic trading platform.
The derivatives exchange ...
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BSkyB swells call centre ranks
BSkyB is to create 1,200 new positions in Scotland, at its Livingston and Dunfermline call centres. The move is due to consumer demand for services based on its digital s...
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Ionica hits the rocks
Cambridge-based telco, Ionica, looks to have reached the end of the line, after failing in a last-ditch attempt to secure extra funding. The firm has appointed Pricewater...
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Seagate confirms Livingston closure
Seagate Technology has confirmed it has failed to find a buyer for its semiconductor manufacturing facility in Livingston, Scotland.
The plant is now likely to close s...
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Barclays invests £11m in UK data processing centre
Barclays is to spend approximately £11m on a data processing centre in Leicester, UK.
A spokeswoman for the high-street bank said it is too early to say which function...
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IBM opens Irish storage plant
IBM has opened a $250m facility in Ireland to ramp up production of hard disk platters for the company's Storage Systems Division.
The plant will create around 700 job...
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NEC chairman resigns
The continuing defence procurement scandal in Japan has claimed a high profile victim. Chairman of NEC Corp, Tadahiro Sekimoto resigned but insisted he knows nothing abou...
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Belfast gets £3.5m software centre from Allstate
US insurance company Allstate, plans to set up a software centre in Belfast, in a £3.67m investment announced yesterday.
Secretary of State, Mo Mowlam, said Northern I...
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BICC partially closes Welsh plant - 200 jobs to go
BICC is to cut 200 jobs at its Deeside plant in North Wales after a partial closure was announced. A further 300 workers will be made redundant in Australia.
The parti...
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Apple upgrades Mac OS
Apple has launched version 8.5 of its Macintosh operating system (OS).
According to Apple CEO Steve Jobs, the OS is a "must have" upgrade with a 15 minute installation...
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