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Business press headlines: Sports Direct, AstraZeneca, London house prices

Billions of pounds of subsidies could be wasted, according to government-appointed experts who have accused National Grid of exaggerating the risk of blackouts. The energy group this week unveiled new subsidies for power stations to be kept on standby to keep Britain’s lights on. These “retainer” payments, lasting up to 15 years from 2018, will add an estimated £13 to household bills. - The Times

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