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92 English league clubs make record £4bn
The 92 Premier League and Football League clubs generated more than £4bn in revenues for the first time ever in 2014-15, according to Deloitte.

Vote Leave sets out immigration plan
Vote Leave says the UK could have a "fairer, more humane" points-based immigration system if it left the EU, but Remain campaigners say it would "wreck" the economy.

World tourism rises faster than trade
The World Tourism Organisation says tourism spending outpaces global trade for the fourth year in a row with the US topping the table as the world's most popular destination.

Australia economic growth exceeds hopes
Australia posts better first quarter economic growth than expected, with boosts coming from exports and household spending.

Asian markets down on US rate fears
Markets in Japan and Australia open lower on Wednesday, tracking overnight weakness in US markets as investors brace for a possible rise in US rates.

Ousted pharma boss gets $9m severance
The former head of embattled drugmaker Valeant will receive $9m (£6.2m) in severance payment along with thousands of dollars in consulting fees.

Austin Reed collapse to cost 1,000 jobs
All 120 Austin Reed stores will close by the end of June at the cost of 1,000 jobs, the menswear retailer's administrator said.

Emissions scandal hits profit at VW
Volkswagen profit tumbles 20% in the first three months of 2016 as it continues to grapple with the fallout from the diesel emissions scandal.

US consumer spending jumps in April
Americans' willingness to open their wallets shot to a seven-year high in April, but confidence in the US economy fell in May.

German jobless rate falls to record low
Germany's unemployment rate fell to a record low in May, while the jobless rate across the eurozone fell to 10.2% in April.

Messi tax fraud trial starts in Spain
A court begins hearing the case of Argentina and Barcelona footballer Lionel Messi who is charged with defrauding Spain of more than €4m (£3m) in tax.

Kraftwerk loses German copyright case
Germany's top court rules in favour of a hip-hop artist in a copyright dispute with the pioneering electro-pop band Kraftwerk.

India economy sees 7.6% annual growth
India's economy grew by 7.6% in 2015-16 as the nation retained its place as the world's fastest-growing major economy.

Con-artists widen impersonation act
Fraudsters are mimicking a wider range of organisations - rather than only banks - in a bid to steal personal details via scam emails.