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U.K. markets news

Apple urges reform of US tax system
An Apple store in Hong Kong. A shift to a form of territorial taxation might trigger a wave of reinvestment into the US. Apple's defence against congressional accusations that it has adopted elaborate schemes to avoid taxes on its international profits rests on a ...
Irish government says not to blame for low Apple tax rate  Reuters
Apple's Web of Tax Shelters Saved It Billions, Panel Finds  New York Times
Telegraph.co.uk   Related articles »  
UK inflation: sharp fall eases household squeeze
A steep drop in transport costs, particularly air fares which declined 6.4pc between March and April, led the fall - the first in seven months.
Some good economic news: Inflation drop is bigger than expected  The Independent
Falling petrol prices drive first drop in inflation since September  Reuters UK
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Nick Buckles unexpectedly quits as CEO of G4S
Nick Buckles has unexpectedly quit as chief executive of G4S, the company responsible for the botched handling of security at last year's Olympics.
Business news and markets: live  Telegraph.co.uk
G4S boss Nick Buckles quits after overseeing Olympic security ' ...  Daily Mail
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Vodafone reports first ever fall in revenues as southern Europe slumps
Vodafone has recorded its first ever fall in annual revenues as the recession in southern Europe saw its takings there fall by almost 17%.
Vodafone to reinvest �2.1bn Verizon dividend  Financial Times
Vodafone keeps Verizon payout after European weakness  Reuters UK
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Marks & Spencer has made its promises - now the retailer must deliver
Robert Swannell, the chairman, has spoken of a �radical transformation� at the heart of M&S to modernise the retailer and chief executive Marc Bolland has spoken of the �strong progress� in the business.
Marks & Spencer profits tumble to lowest level in four years as clothing ...  Daily Mail
Pressure on Marks & Spencer Boss as Profit Falls  Wall Street Journal
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Outsourcing firms help Britain's FTSE steady at 13-year high
By Francesco Canepa. LONDON | Tue May 21, 2013 9:29am BST. LONDON (Reuters) - The FTSE 100 steadied at near-13-year highs early on Tuesday, as rallies in outsourcing companies Capita and G4S offset a sharp fall in cruise operator Carnival ...
Earnings in focus at FTSE's 12-year peak  Financial Times
FTSE heads for new 13 year high, but Carnival sinks 13% after warning on ...  The Guardian (blog)
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Mom's advice to quit school got Tumblr's founder started
New York: When David Karp was 14, he was clearly a bright teenager. Quiet, somewhat reclusive, bored with his classes at the Bronx High School of Science.
A Flashy Bet for Yahoo on a Shift in Social Media  New York Times
Yahoo! redesigns photo-sharing site Flickr  Hindu Business Line
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Chinese love affair with Burberry propels sales to record
The iconic brand, known for its distinctive check pattern, posted an 8pc rise in revenues in the year to March 31, as strong trade in the second half of the year offset weak beginnings.
Asia Growth Lifts Burberry Profit 14%  New York Times
Burberry Lifted by China Performance  Wall Street Journal
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How Local Business Week highlighted issues affecting SMEs
Local Business Week (LBW) drew to a close on Sunday, leaving in its wake several interesting points to consider about the future of the British high street and its thousands of butchers, bakers, candlestick makers - and countless other small businesses.
Cyber crime 'costs small companies �800m a year'  Telegraph.co.uk
Cybercrime could cost small UK firms �785m a year  CRN - UK
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Capita upgrades organic growth forecast for 2013
Tue May 21, 2013 3:00am EDT. LONDON May 21 (Reuters) - British outsourcing firm Capita upgraded its organic growth forecast for 2013 after announcing one of the biggest contract wins in its history, a ten-year deal worth around 1.2 billion pounds ($1.83 ...
Capita preferred bidder for �1.2bn O2 contract  Stock Market Wire
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