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U.K. markets news

Yahoo's rise in Asia offsets risk from Tumblr bet
By Alexei Oreskovic. SAN FRANCISCO | Tue May 21, 2013 5:15am BST. SAN FRANCISCO (Reuters) - Yahoo Inc Chief Executive Marissa Mayer's 721.2 million pounds acquisition of blogging service Tumblr will be a test of her ability to revive the aging Web ...
Yahoo's Mayer Stakes Turnaround on $1.1 Billion Tumblr Takeover  Businessweek
Tumblr Boosts Tech  Wall Street Journal
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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 ...
FTSE 100 closes at highest level since September 2000  Telegraph.co.uk
Record Ryanair profits push European shares higher  Irish Times
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Apple's Web of Tax Shelters Saved It Billions, Panel Finds
WASHINGTON - Even as Apple became the nation's most profitable technology company, it avoided billions in taxes in the United States and around the world through a web of subsidiaries so complex it spanned continents and went beyond anything most ...
Apple Avoided Taxes on Overseas Billions, Senate Panel Finds  Wall Street Journal
Apple 'among largest tax avoiders in US' - Senate committee  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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Ryanair in talks to significantly boost traffic out of Dublin Airport
Ryanair chief Michael O'Leary: 'legal issues loom'John Mulligan - 21 May 2013. Ryanair is in talks to significantly boost traffic out of Dublin Airport after years of reducing capacity in the capital.
Ryanair seeks more growth amid flag carrier cuts as profit soars  Financial Times
Ryanair CEO Tantalizes With Talk of Crossing the Pond  Wall Street Journal
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EU taps top oil traders for price-fixing information
The European Commission stepped up its investigation into oil price fixing as it sought information from trading houses such as the FTSE 100 giant Glencore.
Oil price manipulation probe turns to trading houses  Telegraph.co.uk
Tougher times for commodities trading titans  Financial Times
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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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Transport giant FirstGroup in �615m cash call to shore up its finances
The company is still reeling from the Government's bungled handling of last year's West Coast Main Line contract. Getty. Britain's biggest train and bus operator blamed the Government after launching a massive �615million cash call yesterday.
Rights issue plan derails FirstGroup  Financial Times
Comment: First's fall leaves work to do  Scotsman
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Scottish independence: Scotland 'held back by UK governments'
Scotland has been held back by past and present UK governments, Holyrood's SNP administration has claimed. In a paper, to be published later, it cites six areas where Westminster has pursued policies said not to have been in the best interests of Scotland.
Scotland Counters UK's Claims On Independence  Wall Street Journal
Scottish independence could threaten thousands of banking jobs  The Guardian
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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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