Home Retail Group Plc (HOME) plans to shut about 80 Homebase stores by the end of 2018 as the U.K. home-improvement chain adjusts to an age of online shopping.
... * Exploring IPO of minority stake in ViiV Healthcare. * GSK dividend to be held at 2014 level in 2015. * Company going through "painful" period as Advair slides.
Facebook looks set to spark a fresh row over offshore tax avoidance as UK accounts showed it paid no corporation tax for the second year in a row while granting shares worth tens of millions of pounds to London staff.
... * Blue-chip FTSE 100 gains 0.2 percent. * Motor insurers up on news of higher premiums. * British American Tobacco slips after update.
TESCO'S STOCK rose yesterday after latest grocery share figures suggested the embattled retailer might be turning a corner under new chief executive Dave Lewis.