Pfizer promises to keep British research jobs in the country

Pfizer Inc.'s chief executive Ian Read on Tuesday acknowledged that a potential takeover of AstraZeneca would lead to job losses, but it assured that the company's British research jobs would be kept in the country.

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Scottish firms may shift bank accounts south of border: Deutsche Bank

Government should take steps to ensure a financially viable Scotland as there could be "capital flight" to the remaining UK if voters back independence, a leading investment bank has said.

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Paddy Power CEO Kennedy to step down next year

Paddy Power chief executive officer (CEO) Patrick Kennedy will step down from the top post at the Irish gambling group in April next year.

Unveiling his decision at the group's annual general meeting (AGM) in Dublin yesterday, Mr. Kennedy also announced that he will not go up against the group in any new role after his retirement.

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London’s housing crisis growing deeper

Housing crisis in London is growing deeper for middle-class people as demand for affordable houses is outshining supply, pushing prices up.

Pocket Living Limited, which uses interest-free funds from the city for constructing homes and selling them for nearly 20 per cent below market rates, said that the people who are neither rich nor poor are suffering the worst brunt of the housing crisis.

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Centrica’s pay deals get the nod despite severe protests

Energy giant's Centrica's controversially high pay packages for executives got approval from its board, despite outcry and severe criticism by twenty protest groups.

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