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William Hill to shut 109 loss-making outlets

Britain's largest bookmaker William Hill has announced a steep fall in its profits and cautioned that betting tax hike announced by the government could force it to shut more than 100 outlets.

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Starbucks’ UK sales slip 3.4%

After enjoying sixteen years of strong growth in the UK, American coffee giant Starbucks suffered a notable fall in sales in the same European country last year.

The UK subsidiary of Starbucks announced on Friday that its sales slipped 3.4 per cent to £399.4 million ($670.6 million) in twelve months ended September 2013, from £413.4 million in the previous year.

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Pearson’s new remuneration policy supported by 96% shareholders: Glen Moreno

Pearson Chairman Glen Moreno has claimed that the publishing company has acknowledged the basis of shareholders' objection to its remunerations policy and has already addressed the issue in the new remuneration policy.

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QinetiQ to sell its American arm for $215 million

Britain's defence group QinetiQ has confirmed that it has agreed to sell its American services division to the SI Organization Inc. for $215 million.

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AstraZeneca’s acquisition will make lot of sense for Pfizer: says analyst

The recently published report about Pfizer's supposed interest in British drugmaker AstraZeneca has prompted many experts to predict that such a deal would make a lot of sense for the U. S. pharmaceuticals giant.

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