The Postal Services Bill has cleared its way through the House of
Lords and any amendments made to it will now be considered by the
House of Commons on 9th June. Among the changes to the Bill are
extra regulatory certainty to Royal Mail and more reporting
requirements on the part of the government.
Aurora Fashions, the owner of
Coast, Oasis and
Warehouse, has launched 90-minute delivery
across all its brands. The service is provided by Shutl and
allows customers in London to order and receive goods within 90
minutes .
Abcam, a Cambridge-based producer, marketer and
distributor of antibodies, has bought US-based
MitoSciences Inc for $6.0 million (£3.7
million). Mito Sciences is a provider of mitochondrial antibodies
with a catalogue of more than 200 products. In the year ended
31st December 2010, it had product revenues of $2.1 million
(£1.3 million), the majority of which came from customers
based in the USA.
British fashion brand Lyle & Scott has gone live
with its Facebook store
allowing customers to shop the collection without leaving the
social network.
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