Business

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Business News

Lloyds to axe another 5,000 jobs

The bank is expected to make an announcement confirming the job losses later today.

Inside Business News

Cadbury dismisses 'derisory' Kraft bid

Tuesday, 10 November 2009

City analysts say 'patient' Kraft will have to bid more than £8 a share for Cadbury

Barclays and HSBC report strong underlying profits

Tuesday, 10 November 2009

Banking giants HSBC and Barclays today reported stronger underlying profits so far this year as the gulf widens with their beleaguered taxpayer-supported counterparts.

Jury ponders fate of Bear Stearns duo in first credit crunch trial

Tuesday, 10 November 2009

Managers accused of fraud over collapse of hedge funds that heralded meltdown

Clothes stores drive retail sales higher

Tuesday, 10 November 2009

But best October figures since 2002 are 'flattered' by comparison with last year

AXA in rights issue but Asian bid is snubbed

Tuesday, 10 November 2009

Independent directors at Asian unit show resistance to break-up plans

Ten new nuclear sites win approval from the Government

Tuesday, 10 November 2009

Energy minister's policy aims to speed planning process

Anglo American starts boardroom shake-up with Hampton appointment

Tuesday, 10 November 2009

Anglo American has appointed Sir Philip Hampton to its board as the mining group continues its restructuring programme aimed at rewarding shareholders for eschewing Xstrata's approach for the group.

Shoplifting rockets during recession

Tuesday, 10 November 2009

Thefts from shops in the UK soared by a record 19 per cent to nearly £5bn in the year to the end of June, as a new breed of middle-class shoplifter sought to maintain a wardrobe of luxury items during the recession. The Global Retail Theft Barometer 2009 also revealed that Britain remains at the top of the European shoplifting league ahead of Germany and France.

FTSE 250 directors face tougher curbs on pay

Tuesday, 10 November 2009

Directors of FTSE 250 companies have seen deeper and more wide-ranging cuts to their remuneration packages during the recession than counterparts running businesses on the FTSE 100, research published yesterday shows.

European Commission asks UK to deliver £25bn a year in spending cuts

Tuesday, 10 November 2009

The European Commission will propose tomorrow that the UK's budget deficit be brought down from a prospective 12 per cent of GDP to just 3 per cent by 2014-15, requiring tax increases and public spending cuts as yet unimagined by the main political parties. It would mean about £25bn in spending cuts and tax rises every year.

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Columnist Comments

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No ideological vision could have replaced sound judgement in 1989

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For half an hour, the real world is presented in black-and-white terms

dominic_lawson

Dominic Lawson: The only options are to double up in Afghanistan or leave

At a risk of sounding callous, the number of casualties is actually small for a war

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