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.
Source: Financial Times

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.
Source: Financial Times

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.
Source: Daily Mail

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.
Source: The Daily Express

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

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