And in the real world... Google, Yell, Britvic, Pringles and more

LONDON - Today's round-up of the biggest business stories.

World news... round-up
World news... round-up

Google has said that it is unlikely that it will buy a newspaper or use its charitable arm to support new businesses, despite having seriously considered both avenues in the past.


The European Union may be about to inform Alistair Darling that Lloyds Banking Group must shrink its balance sheet, possibly through asset disposals, as a condition for the granting of state aid.


Procter & Gamble will be forced to pay tens of millions of pounds in VAT after a court ruled that its Pringles product was a potato crisp and not a savoury snack, meaning that it was not exempt from paying tax.


Britvic, the soft drinks manufacturer that owns brands such as Tango and Robinsons, reported a 16 per cent rise in underlying profits as consumers begin to shun more expensive brands.


Yell Group may be forced to dispose of some of its lower performing units after reporting a £1 billion loss.

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