Aer Lingus shares up as sale backed

Shares in Aer Lingus have risen 3% in the wake of the Irish government’s agreement to sell its 25% stake to IAG, the owner of British Airways. Its agreement comes after IAG gave certain pledges to preserve jobs and transport links within the Republic. Although the Irish government and the board of Aer Lingus now support the €1.36bn (£961m) bid,

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Tax allowances to track minimum wage

Future increases in the income tax personal allowance will be linked to rises in the national minimum wage, the government has announced. New legislation in the Queen’s Speech will mean that the amount workers are allowed to earn before paying tax is likely to rise faster than inflation. The national minimum wage for adults is due to rise by 3%

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Imperial Tobacco leads FTSE higher

(Open): Shares in Imperial Tobacco led the FTSE 100 higher after the firm moved closer to the purchase of four cigarette brands. US firm Reynolds American’s takeover of rival Lorillard was cleared by regulators on Tuesday, on condition that the firms sells the Winston, Kool, Salem and Maverick brands. Imperial Tobacco is set to buy the brands, and its shares

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Ritesh and Genelia introduce their little son Riaan on Twitter

Posted By: Sheela Das On Wednesday, 27th May 2015,00:05 Bollywood actors Genelia and Riteish Deshmukh, who got married on February 3, 2012, took to Twitter to introduce their six-month-old son Riaan as a tribute to the actor’s late father Vilasrao Deshmukh on his birth anniversary. Riaan’s half-year coincided with the 70th birth anniversary of Ritesh’s father who served as Maharashtra

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Android app age ratings grow up

Google is passing over control of app ratings in its Play store to an independent organisation Later this week, Google Play will revamp the way it rates apps. The Android store will abandon the low/medium/high maturity classifications it has used until now and switch to a system run by an outside body. As increasing numbers of youngsters are left alone

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