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State-Owned RBS to Pay Out £400M In Bonuses
Royal Bank of Scotland is to pay out just under £400m in bonuses to its investment banking staff for their work in 2011, according to Sky sources.
Peacocks Sold To Edinburgh Woollen Mill
Fashion retailer Peacocks has been sold out of administration to Edinburgh Woollen Mill, saving 6,000 jobs, but thousands of staff will still be made redundant.
InterContinental Hotels Creates 3,000 UK Jobs
Deputy Prime Minister Nick Clegg has welcomed the creation of 3,000 new jobs in the UK by the world's biggest hotelier, InterContinental Hotels.
CBI Urges Osborne To Change UK Tax System
The Government is facing pressure to give a £500m boost to business in next month's Budget and make changes to the tax system to help drive economic growth.
Pensioners Could Be Hit By Further QE
The prospect of a further cash stimulus to the UK economy later in the year has risen, signalling more bad news for pensioners.