GSK and Reckitt: pharming out

Moves to split businesses make sense where there is little operational crossover

Labour plan to boost small housebuilders

Bank loan guarantees designed to support creation of 10,000 homes

Big housebuilders’ caution curbs growth

The onus for increasing supply falls on a few operators

London companies warn on housing costs

Employers find recruitment harder and wages rising

Social tenancy shake-up muddles rents

Nearly 75% of affordable rent tenants receive housing benefit

Roddy Murray, finance director of Pace

Pace hit by finance chief resignation

Shares in set-top box maker fall after departure of Roddy Murray

BSkyB invests in virtual reality start-up

Pay-TV provider doubles its backing of California’s Jaunt

Trinity Mirror puts brakes on sales fall

Newspaper publisher plans investor payout as revenues stabilise

Ex-chairmen of UBS and Glencore team up

Luqman Arnold and Simon Murray launch advisory business

Reckitt kicks addiction with pharma spin-off

A division that makes heroin substitutes is to be demerged

New fracking licences cover half the UK

Aberdeen falls on £4bn client withdrawal

Fund manager reports improved sentiment towards emerging markets

Miners’ access to water a risk, says study

Threat cited as one of the industry’s 10 biggest problems

Witty comes out fighting GSK’s corner

Chief insists group is strong despite scandal and profit warning

GSK chief floats break-up option

Witty signals willingness to shake up drug group

Ministers set to oppose supermarket tax

Local authorities seek to impose extra rates on large shops

Miners: the hole truth

Cost-cutting remains central to the investment case. What costs, though?

Britain’s turbulent shopping aisles

Change at Tesco reflects shifts in consumers’ behaviour

David Cameron’s four housing ministers

More homes – but not in my back yard

Efforts by government run up against forces of localism


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