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Shapps: 'Labour are anti-business'

4 May 2014 Last updated at 13:06 BST

The Conservative Party Chairman Grant Shapps has said tests are in place to make sure that any takeover of AstraZeneca by Pfizer is in the public interest.

His comments come after Ed Miliband wrote to the prime minister calling for an inquiry and for a stronger public interest test for takeovers of important businesses.

Mr Shapps told the Sunday Politics that Labour's approach was "anti-business".