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U.K. markets news

Yahoo! CEO Marissa Mayer courts controversy by saying that porn sites can stay ...
Yahoo! CEO Marissa Mayer said that the company does not 'intend' to take down any of the porn-heavy sites that are run on Tumblr after the tech giant acquired the blogging platform for $1.1billion.
Yahoo's rise in Asia offsets risk from Tumblr bet  Reuters
James Moore: Yahoo CEO Marissa Mayer risks failure as she tries to buy her ...  The Independent
Businessweek   Related articles »  
M&S Reports Second Year of Profit Decline on Fashion-Line Woes
Marks & Spencer Group Plc (MKS), the U.K.'s largest clothing retailer, said annual profit fell 5.8 percent as consumers spent less on its fashion goods, even as food sales increased.
Marks and Spencer profits fall as clothing disappoints  BBC News
Marks & Spencer posts second straight fall in year profit  Reuters
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Business news and markets: live
... Off. � FTSE 100 closes at highest level since September 2000 � Political attacks on tax avoidance could damage Britain � Apple 'tried to find Holy Grail of tax avoidance' � UK exit from EU would be 'loss/loss scenario' Latest.
G4S chief executive Nick Buckles to step down  BBC News
G4S chief Buckles to step down  Reuters UK
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Britain is booming? FTSE reaches 12-year high as record looms
Shares in London have reached levels last seen at the height of the dotcom boom nearly 13 years ago. At a close of 6,755 points, the FTSE 100 blue chip index matched levels from September 2000, just before the market's fascination with loss-making ...
Pre-market briefing: FTSE 100 hits 13-year high - Proactive Investors  Proactive Investors UK
London shares reach 12-year high  BBC News
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Multinational CEOs tell David Cameron to rein in tax avoidance rhetoric
The bosses of some of Britain's largest multinational corporations have urged David Cameron to stop moralising and rein in his rhetoric on tax avoidance ahead of a G8 summit next month.
David Cameron's call to tackle tax avoidance  Telegraph.co.uk
Chief Minister defends Isle of Man's tax status  BBC News
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Vodafone Forecasts Operating Profit Beating Estimates
Vodafone Group Plc, the second-largest wireless carrier, said earnings may rise to as much as 12.8 billion pounds ($19.5 billion) this year as the company eliminates jobs and stores in Europe and its U.S.
Vodafone posts biggest fall in service revenue  Times of India
Impairments stifle Vodafone as full-year revenue slips 4.2%  Stock Market Wire
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Apple 'tried to find Holy Grail of tax avoidance'
The committee, which is made up of senior politicians, on Monday argued that Apple's complex structure includes three Irish-based subsidiaries that appear not be a tax resident anywhere in the world.
US Senate Committee accuses Ireland of being a tax haven for Apple  RTE.ie
Apple Chief Talks Taxes in Pushback to Heat in Washington  Bloomberg
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Ryanair Targets Northern Europe
LONDON�Budget carrier Ryanair Holdings PLC is targeting expansion in Northern Europe as it pursues an ambitious growth strategy with plans to increase traffic by 25% over the next five years.
Ryanair profits at record high despite fuel cost rise  BBC News
Ryanair profits at record high and aims to double short-haul European flight ...  The Independent
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Battersea Power Station developer sells more than 800 flats for �675m
More than 800 flats in the Battersea Power Station development in London have been sold for �675m. The owners of the Grade II listed power station, which has lain dormant since it stopped generating electricity in 1983 despite numerous outlandish ...
Demand at Battersea Power Station site soars as 95pc of properties snapped up  Telegraph.co.uk
Battersea Power Station project gains $1bn sales  The Independent
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Two in three families plan a summer staycation boosting UK tourism to �12billion
Two out of three families are resorting to a 'staycation' this summer as the squeeze on household budgets makes foreign holidays unaffordable, a study has found.
'Staycation' back in vogue, claims hotel chain  Telegraph.co.uk
City breaks on the up as we opt for holidays near home  Metro
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