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Driver in runaway Toyota forced to call in police
09-Mar-2010
A terrified Toyota driver was forced to use a police vehicle to help stop his own runaway car after the accelerator pedal in his Prius became stuck at speeds of more than 90mph on a California highway.
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Merlin 'on track' despite shelved flotation plan
09-Mar-2010
Merlin Entertainments, the world’s second-largest visitor attraction operator, insisted this morning that it was on track for another year of growth despite the recent disappointment of its shelved stock market flotation.
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Liberty to demerge as annual losses narrow
09-Mar-2010
Liberty International will go ahead with plans to split the business by demerging its British shopping centres from its London-based property portfolio which includes Covent Garden and Earls Court & Olympia exhibition halls.
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Broker admits court’s tax ruling has put paid to City exodus
09-Mar-2010
Hundreds of City traders are rethinking plans to leave the UK for tax purposes in the wake of last month’s landmark court ruling against a British businessman based in the Seychelles, it emerged yesterday.
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Kraft inquiry hits Takeover Panel succession
09-Mar-2010
Kraft inquiry hits Takeover Panel succession
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MPC member ‘seriously underestimated’ crisis risks
09-Mar-2010
A member of the Bank of England’s rate-setting committee, who helped to steer monetary policy during the financial crisis and the resulting recession, said last night that she had “seriously” underestimated the risks from such a crisis.
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E.ON to cut gas prices for two million homes
09-Mar-2010
E.ON became the third big UK energy company to trim its gas prices yesterday, with a 6 per cent reduction that will benefit 1.9 million British households.
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Prudential scrambles for float as AIA deal hangs in balance
09-Mar-2010
Prudential was racing last night to complete a Hong Kong listing for its shares amid renewed doubts that investors would approve its record $35.5 billion acquisition of AIA, the Asian division of American International Group (AIG).
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High street’s sales rise provides cold comfort
09-Mar-2010
Retail sales rose last month, reversing a dismal start to the year when January’s icy weather kept shoppers at home, but they still fell short of raising hopes for an impending recovery on the high street.
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Europe plans its own answer to the IMF
09-Mar-2010
The European Commission will seek fundamental reform of the management of economic policy in the eurozone, including the co-ordination of fiscal policy, as it draws up details of a future European Monetary Fund.
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