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Finally, the Financial Times reports that GlaxoSmithKline and Pfizer are holding out for a higher bid of at least £60bn from Unilever for their consumer healthcare joint venture.

Financial Times Front Page 24th of May 2022

Rishi Sunak, the Chancellor, has directed officials to draw up plans for a possible windfall tax on more than £10bn of excess profits for electricity generators, including wind farm operators, on top of a tax on North Sea oil and gas producers.

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