Pay statistic lost from Barclays’ results

An expansion of capital-lite activities not a foregone conclusion

BAT profits hit by strength of sterling

Currency swings overtake tobacco group’s emerging markets growth

Reynolds hit with $23.6bn damages bill

Smoker’s widow wins Florida court case against tobacco company

IC: July 19 highlights

Companies analysis from our sister publication

Imperial Tobacco CEO Alison Cooper. Photographs for interview with Rose Jacobs. PHOTOGRAPH BY DANIEL JONES 2011 07815 853503 info@danieljonesphotography.co.uk www.danieljonesphotography.co.uk

Imperial Tobacco puffed with success

Cigar-smoking chief applauded for £4.2bn buyout

UK media lifted by M&A upsurge

But financial stocks contribute to FTSE 100 weakness

Plain-pack law damps Australia smoking rates

Findings could persuade other countries to introduce similar laws

Tobacco town breathes a sigh of relief

Winston-Salem hopes Reynolds-Lorillard deal will preserve jobs

FCA squeezes life from payday lending

Capping spiralling interest charges will not boost competition

US tobacco’s future emerges through vapour

Reynolds and Lorillard merger shakes up the industry

Reynolds buys Lorillard for $27bn

Purchase will redraw $90bn US tobacco market

Rate worries push UK housebuilders lower

Wider high street stocks also slip on inflation outlook

Imperial powers ahead in ecigarette market

Blu acquisition from Lorillard catapults UK group ahead of rivals

Reynolds / Lorillard: smoke signals

Second and third-largest US tobacco companies combine forces

Big Tobacco set for $56bn merger

US mortgage insurers fall on FHFA plans

Move to help protect taxpayers from some mortgage default losses

Irish cheddar threat hits Dairy Crest

FTSE 100 in biggest weekly decline since March

Reynolds / Lorillard: gaspers

US consolidation makes for a complicated global market

The logic behind tobacco merger

Reynolds deal marks shift for Kessler

Lorillard chief switches focus from bolt-on acquisitions

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