Phone launch delayed

Entertainment group Disney has postponed the launch of a UK mobile phone service aimed at families, according to reports.

Entertainment group Disney has postponed the launch of a UK mobile phone service aimed at families, according to reports.

The company intended to have handsets in the shops in time for Christmas, but is understood to have put off the launch because of a difficult retail market.

Called Disney Mobile, the service would have allowed parents to cap the amount youngsters spent on calls. It also gave parents the chance to customise handsets so children could only dial pre-approved phone numbers.

Store takeover

A £350m takeover of department store chain House of Fraser should be unveiled this week.

The agreed deal for the 61-store retailer will add another slice of the UK high street to the portfolio of Iceland investment group Baugur.

It is expected that Baugur will use the chain as a showcase for brands that it already owns or has stakes in, such as Oasis and Coast.

Casino hint

THE world's largest gaming company is said to be eyeing the takeover of two major casino operators in a bid to break into the British market.

Harrah's Entertainment, worth around £6bn, is reportedly studying a proposal to buy Stanley Leisure and London Clubs International.

Stanley operates Crockfords, The Colony Club, The Mint and The Palm Beach casinos in London - in addition to 41 sites in cities including Newcastle and Liverpool.

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