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Partly taxpayer-owned bank reports losses of £3.5bn for 2011.
Revamped Heathrow Terminal 2 and Olympic games fuel optimism for 2012.
Reduces net debt by £191m.
Move may affect 300 jobs.
Average asking price up 4.1 per cent.
ONS data shows retail sales have increased at fastest rate since April 2011.
With the acquisition, Kellogg Company will be the world's number two snack company.
"Growing firms also need 'patient' capital."
Tax is not the priority.