What the Sunday Papers said
Monday 19 May 2014
The Independent on Sunday: MPs ‘barking up the wrong tree’ on Pfizer bid
A tax expert fears the US firm may have secret plans to move AstraZeneca’s drug trademarks – which include cancer and diabetese drugs – out of Britain to cut its tax bill after buying the UK firm. Moving to a jurisdiction such as Luxembourg would see the firm copying the tax structure used by Amazon.
The Sunday Times: Americans line up £10.5bn grab for Boots
Walgreens drugstore chain is examining a takeover of Britain’s biggest chemist, in the latest deal to be driven by tax flight from the US. The move would see Walgreens take full control of Alliance Boots and move its tax domicile to Britain or Switzerland to save billions of pounds a year.
The Sunday Telegraph: Marks & Spencer bids to soothe investors
Marks & Spencer chief Mark Bolland will reveal plans to boost shareholder returns and focus on improving profit margins when he announces a third year of declining profits this week. The clothing and food chain is expected to report a 8 per cent fall in pre-tax profits to £615m.
- 1 Jeremy Clarkson 'does not see a problem' with his racist language on Top Gear, says BBC
- 3 ALS ice bucket challenge co-founder Corey Griffin drowns, aged 27
- 4 A third of employers never check job applicants' qualifications, survey finds
Richard Dawkins on babies with Down Syndrome: 'Abort it and try again – it would be immoral to bring it into the world'
Scottish independence: English people overwhelmingly want Scotland to stay in the UK
Isis threat: Cameron wants an alliance with Iran
Michael Brown shooting: Chaos erupts on the streets of Ferguson after autopsy shows teenager was shot six times – twice in the head
Bin bag full of cats' heads discovered near Manchester's Curry Mile
Disgusting, frustrating, but intriguing: how the country really feels about its politicians
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