IAG reports better-than-expected Q1 results

IAG, the owner of British Airways (BA), has reported better-than-expected results for the quarter ended March 31 this year.

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Johnston Press unveils refinancing plans of more than £360 million

Edinburgh-based publisher Johnston Press, the owner of the Banbury Guardian and Daventry Express, on Friday unveiled details of plans for more than £360 million refinancing of the company.

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Taxes to rise unless HMRC given powers to raid accounts of tax evaders

Prime Minister David Cameron has warned that the government would have to hike taxes unless HM Revenue & Customs (HMRC) is provided with new powers to raid bank accounts of tax evaders.

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Two state leaders express concerns over Pfizer’s potential takeover of AstraZeneca

Governors of Delaware and Maryland have expressed their concerns over the impact of Pfizer Inc.'s proposed takeover of British pharmaceuticals giant AstraZeneca on workers as well as the states' economies.

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USL agrees to sell Whyte & Mackay for £430 million

United Spirits Limited (USL) has agreed to sell its British subsidiary Whyte & Mackay to the Philippines-based brandy maker Emperador for £430 million (around $727 million).

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