'Robert Tchenguiz to call in administrators'

Robert Tchenguiz, the Iranian property tycoon, is to put his Laurel pub company into administration in a move likely to spark anger among landlords, employees and the taxman. Laurel will appoint insolvency specialist Kroll to handle the move - The Telegraph​

Russia's competition officials have approved plans by Carlsberg to gain full control of fast-growing brewer Baltika by buying a 50 per cent stake in its parent, Baltic Beverages Holding (BBH) - The Scotsman​

Essential family bills for petrol and staple foods are rising at their fastest pace since records began. Official figures yesterday showed increases of up to 40 per cent over the past year - with the prospect of more to come - The Independent​

Off-licences are setting up a network to crackdown on teen drinking. They will be linked by radio so shop owners can raise the alarm if youngsters try to buy alcohol - Daily Mirror​

Gary Lineker is to be dropped by Walkers Crisps after 13 years of one of the most successful advertising campaigns on British television. According to industry insiders, the former footballer is no longer considered "relevant" enough - The Scotsman​

Rice prices surged to a fresh 34-year high on Tuesday as the Philippines awarded a tender for the staple at an average price of $708 a tonne, up almost 50 per cent from the price it paid in late January - Financial Times​

Refined British palates and climate change have helped raise the standard of German wine, according to the country's winemakers - The Telegraph ​

The campaign for genetically modified food will receive a significant boost when Country Life, the influential countryside and property magazine, calls for its widespread introduction to help feed the world's starving - The Telegraph​

A Dutch winemaker has set a new standard for the insurance of strange body-parts by taking out a £3.9m policy on his nose. He claimed his nose was his most important asset because a good sense of smell was essential to guarantee the quality of his wines - The Guardian​