Image copyright Wikimedia Image caption The University of Sussex said it took governance and compliance responsibilities seriously A university vice-chancellor was given a £230,000 departure payment in his final month in the job, figures show. The amount paid to former University of Sussex vice-chancellor Prof Michael Farthing is shown in…

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Image copyright Reuters Image caption Bitcoin’s value has been volatile in recent weeks Bitcoin briefly crossed through the $17,000 (£12,615) mark in volatile Asian trading, extending its record-breaking run. The cryptocurrency has soared about 70% this week according to Coindesk.com, despite fresh warnings of a dangerous bubble. Its dramatic rise…

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Image copyright Getty Images Image caption Theresa May and Jean-Claude Juncker announce progress in Brexit talks in Brussels on Friday More clarity on the Brexit transition is needed to stop companies proceeding with contingency plans despite the progress announced on Friday, the CBI has warned. Paul Drechsler, president of the…

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Image copyright Getty Images Universities could be accused of “mis-selling” courses to teenagers who have little understanding of money matters, the public spending watchdog says. National Audit Office head Amyas Morse said young people were taking out large loans to pay for tuition fees without much effective help or advice….

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Image copyright Marks and Spencer It seems the onward march of the humble avocado is unstoppable. Earlier this month we had news of the Hawaiian avocado “as big as my head” vying for a place in the record books. Now Marks and Spencer is the first supermarket to sell a…

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Image copyright EPA Uber has had its licence suspended in Sheffield after it failed to respond to official requests about its management, the city council has said. The firm can still operate until 18 December and can appeal against the decision, the council said in a statement. If it decides…

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Image caption Westminster School is taking its brand to open schools in China A leading independent school, Westminster School, is to set up six schools in China, in what will be one of the biggest expansions of a UK school brand into China. Westminster says the income from the Chinese…

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Image caption Bath Spa University said Prof Christina Slade’s pay-off was ‘value for money’ A university vice-chancellor received more than £800,000 in her final year in post, it has been revealed. Accounts for Bath Spa University show Prof Christina Slade was paid £429,000 “for loss of office” on top of…

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Image copyright Getty Images Image caption At the start of the year Bitcoin was valued at $1,000 Bitcoin has surged above $13,000 (£9,710; €11,020) to a new record high despite warnings the digital currency’s rapid rise could be a dangerous bubble. The coin has seen its value double in the…

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