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Monday newspaper round-up: Tesco, Egypt, Vodafone

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19/08/2013
Tesco set to launch tablet; Egypt turmoil may create oil spike; Vodafone in tax deal over Irish subsidiary.

Tesco is set to introduce its own tablet computer which is expected to be ready for Christmas loaded with books, films and music, The Times reported.

Egypt’s turmoil threatens to create a potential oil spike that could damage any nascent economic recovery, according to The Telegraph.

JPMorgan Chase is being investigated by US regulators over its hiring practises in Hong Kong, the Financial Times revealed

Vodafone made a previously unreported multimillion-pound settlement with HM Revenue & Customs amid a dispute over the tax paid by an Irish subsidiary created to collect royalty payments for using its brand, The Guardian unveiled.

The Confederation of British Industry has lifted its forecast for UK economic growth to 1.2%, but warned that Britain is still falling short of a sustainable recovery, The Independent wrote.

A government department ordered changes to the report of an independent investigation into a loan made by Barclays under a state-backed lending scheme in order to reflect the bank’s views, The Guardian has learned.

Leading housebuilders Persimmon and Bovis Homes are this week expected to reveal a surge in profits as the government’s controversial Help to Buy scheme starts to lift sales, the Daily Mail stated.

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