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U.K. markets news

Alibaba worth around $230bn
Alibaba's value soared by more than a third to around $230bn on Friday, surpassing corporate giants like JP Morgan, Facebook and Coca-Cola, as the Chinese ecommerce business made its long-awaited market debut.
Alibaba surges on massive demand in trading debut  Reuters UK
Alibaba IPO becomes biggest in US history as shares valued at $22bn  Daily Mail
Businessweek   Related articles »  
Pound rises as Scotland votes to stay in UK
HONG KONG (AP) - The British pound jumped as Scotland voted to stay part of the United Kingdom while Japanese shares surged as the yen extended losses against the dollar.
Forex Focus: Sterling bounces back after No vote in Scotland
Pound Briefly Buoyed by Scottish Vote  Wall Street Journal
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Businesses ditch plans to move south after No vote victory
The big Scottish-based banks that threatened to move their headquarters to England last week amid concerns Scotland would vote for independence have moved to quickly profess their commitment to the nation.
UK Stocks Rise Second Day as Scots Reject Independence  Businessweek
Scottish referendum: Shares rise on 'No' vote as pound rally fades  BBC News
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Oracle's Ellison steps aside, co-CEOs Catz and Hurd take over
SAN FRANCISCO/SEATTLE (Reuters) - Larry Ellison, co-founder and leader of Oracle Corp for 37 years, stepped aside as chief executive officer on Thursday, to be replaced by co-CEOs Safra Catz and Mark Hurd, raising questions about a job-sharing ...
Larry Ellison to Step Aside as Oracle CEO  Wall Street Journal
Larry Ellison's Legacy, Mentorship: Industry Comments  Bloomberg
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Scottish estate agents buoyant about house prices after no vote
Edinburgh houses Estate agents expect a flurry of house buying and selling in Scotland following the no vote. Photograph: Murdo Macleod for the Guardian.
Estate agents say indy outcome will restart activity in Scots housing market  Herald Scotland
Rush to sell property after No vote confirmation  Scotsman
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Southbank skatepark saved from closure by campaign
A 'skatepark' on the Southbank of the Thames has been saved after a long-running battle to have it relocated. Campaign group Long Live Southbank had fought to avert closure of the ad hoc skatepark in the undercroft of the Queen Elizabeth Hall, which is set ...
A 'skatepark' on the Southbank of the Thames...  Mynextfone
Historic London skatepark saved from retail redevelopment
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GSK closes a chapter with �300m fine but story likely to run on
GlaxoSmithKline did its best on Friday to portray the �300m fine levied against it by a Chinese court as the end of a bribery scandal that has cast a dark cloud over the company for more than a year.
GlaxoSmithKline fined �297m for bribing doctors into prescribing its drugs
China Fines GlaxoSmithKline $485 Million for Bribery  TIME
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Jobs at risk as Co-op operations move from Channel Islands to UK
A retailer has announced plans to move operations from the Channel Islands to the UK putting 23 workers "at risk" of redundancy.
Co-op Closing Warehouses  Island FM
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Alex Salmond and Alistair Darling to bridge divides of Scotland's Independence ...
The First Minister said he accepted the people's decision and called for others to do the same - but defiantly demanded the British government meet promises to give more powers to Edinburgh.
Better Together Campaign Leader: London Ready to Continue Dialogue on ...  RIA Novosti
Referendum results: Alistair Darling hails 'momentous day for UK' as ...  Scotland Now
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London rent charges soar as pressure mounts on tenants
Rent charges in London have rocketed to �1,160 a month on average, putting more tenants than ever into financial difficulties. That's an increase of 3 per cent in the past 12 months in the capital, compared to a 2.4 per cent increase across the country, ...
Rents reach record high as peak letting season nears  Mortgage Finance Gazette Online
Rents reach a record average �761 a month as house price rises push ...  This is Money
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