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Archive for October, 2008

Hartlepool the surprise house price winner

posted by This is Money | Home in General
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Homeowners in Wales are the biggest casualties of the property downturn, but an unlikely candidate in the North East is riding the storm Property for sale signs


Debt-hit estate

posted by BBC News | Business | UK Edition in General
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How one area's debt has rocketed to £1.3m

Oil prices up after record falls

posted by BBC News | Business | UK Edition in General
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Oil rises almost 3% on Friday - but falling demand pushes crude prices to their biggest monthly drop in October.

Mandelson to set aside competition fears and wave through Lloyds-HBOS deal

posted by This is Money | Home in General
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Business Secretary Lord Mandelson is due to endorse the Lloyds-HBOS merger, as fears raised by the competition watchdog are outweighed by economic stability Peter Mandelson


Fire fear sparks battery recall

posted by BBC News | Business | UK Edition in General
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Laptop-makers including Hewlett-Packard and Toshiba are recalling 100,000 Sony batteries over fears they may catch fire.

Barclays secures Middle East cash

posted by BBC News | Business | UK Edition in General
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British bank Barclays unveils a proposal to raise up to £7.3bn, most of which will come from Middle Eastern investors.

Centrica looks to raise £2.2bn

posted by BBC News | Business | UK Edition in General
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British Gas owner Centrica launches a £2.2bn rights issue to fund plans to buy a 25% stake in British Energy.

BT shares slump on profit warning

posted by BBC News | Business | UK Edition in General
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BT issues a profit warning, saying it would miss its earnings for the second quarter, sending its shares down 19%.

Lloyds TSB’s HBOS deal is cleared

posted by BBC News | Business | UK Edition in General
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Business Secretary Lord Mandelson clears the planned Lloyds TSB-HBOS merger, ruling the deal is in the public interest.

World set for ‘worst recession since war’

posted by This is Money | Home in General
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The world is heading for its worst recession since the Second World War, leading economic think-tank Captal Economics has warned City workers, buying ties


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