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U.K. markets news

Pfizer 'Held' Talks for $100bn Takeover of AstraZeneca
US pharma major Pfizer reportedly held talks for takeover of AstraZeneca at a record valuation for the British rival, which would also have been the largest-ever deal in the sector.
Pfizer Said to Have Held Now-Dormant Talks to Buy AstraZeneca  Bloomberg
Astrazeneca surges on $101 billion takeover reports from Pfizer  Economic Times
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UK government fails to cut spending despite "savage" cuts
Despite much rhetoric about austerity and �savage� spending cuts, the UK Chancellor, George Osborne, has made little process in bringing down the total amount of government spending, according to the latest projections from the Centre for Economics and ...
Projections reveal UK economy to expand this year  Herald Scotland
Spending power 'set to rise 1.5%'  Belfast Telegraph
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Construction business wins Queen's Award on back of African projects
A construction business which has achieved substantial international sales, and an academic who has helped hundreds of women to start their own businesses, are among those in Wales who have won Queen's Awards this year.
Cheltenham firm Vero Software wins Queen's Award for Enterprise  Gloucestershire Echo
Recognition for businesses that form 'backbone of our economy'  Telegraph.co.uk
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Vince Cable presses ahead with public register on company ownership
The business secretary, Vince Cable, has claimed to be ending "the darker side of capitalism" by announcing he will press ahead with a new public register on company ownership to track the ultimate owners of UK companies, so making it more difficult for ...
Vince Cable plans public register of company owners  BBC News
UK crackdown to force company owners into open  Financial Times
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Cost of moving home up by 6% in a year
UK homeowners collectively spent �6.6bn on moving house in 2013, up from �5.2bn the previous year, a study has found. The cost of expenses associated with moving home now stand at an average of �8,248, an increase of 6 per cent in the past year, the ...
Average cost of moving house in London is now �20825  Metro
Stamp duty rise pushes up cost of moving home  Herald Scotland
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Call for one off levy on payday loans companies
A �450 million one-off levy on the payday loans industry should be used to create a "new generation" of affordable lenders to take on Britain's legal loan sharks, a leading think tank has said.
Kirk backs tax grab from loan firms to boost credit unions  Herald Scotland
IPPR proposes payday-loan levy to help fund affordable lending  The Guardian
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British Gas denies staff 'paid extra for inflating bills'
The energy secretary says claims that British Gas paid its staff bonuses if they inflated customers' bills are "deeply disturbing".
British Gas staff 'paid bonuses if they inflate customers' bills by ...  Daily Mail
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Christian charity hits back over Tory attacks on food banks
A volunteer stocks shelves at a food bank in Whitburn, Scotland. Photograph: Jeff J Mitchell/Getty Images. The government's position on food banks was mired in confusion after it emerged that David Cameron had enthusiastically backed their work at a ...
THE NEWSDESK: Foodbanks are under attack by those trying to sell us a ...  South Wales Argus
Star Comment: Hunger is the real scandal  Morning Star Online
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Mulberry's Profit To Get A Handbagging
The company said pre-tax profit for the year ended March 31 is expected to be around �14m. The Somerset-based firm, famous for its high-end handbags, said new, lower-priced items would effect the results.
Mulberry Group Plc share price down, plans to launch �affordable� luxury ...  Binary Tribune
Mulberry to offer cheaper prices in attempt to win back customers  Daily Mail
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Tourist attractions enjoy sunshine before rain spoils Easter Sunday
SUNSHINE has brought relief to hard-hit tourist attractions - before rain turned Easter Sunday into a damp squib. Tourism chiefs said the sunshine over the last two weeks proved a welcome tonic to businesses which had suffered due to the terrible weather at ...
Easter weekend boost for South Devon tourism businesses  Torquay Herald Express
Relief as West enjoys busy Easter  Western Morning News
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