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Get ready America: the debt ceiling is back
May 23, 2012
The U.S. is again closing in on its national debt limit, and if a recent statement by Republican Speaker of the House John Boehner is any indication, another fight with the Obama administration...
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UK pensioners clean up on property
May 23, 2012
According to a new survey UK pensioners own property worth £749bn. But there are sharp regional variations in the value of these assets.
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Ronald Reagan's blood: auction bids reach £9,181
May 23, 2012
As an online auction selling Ronald Reagan's blood reaches fever pitch, we ask why it is attracting so much interest, and whether it will be a good investment.
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Expats hit by nasty new Spanish property fees
May 23, 2012
The Spanish property nightmare continues - with a nasty new bite for expat Spanish property owners.
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Nationwide unveils SME lending plan
May 23, 2012
A new player in the small business lending market is set to emerge after building society Nationwide unveiled plans to build up a range of services in the coming years. Nationwide, which has...
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Why the euro went so badly wrong
May 23, 2012
The foundations for the European Union lay in the wreckage that was early post-war Europe, with a new generation of politicians desperate to find a way to prevent such a calamity ever happening...
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This is how you'll rescue your retirement
May 23, 2012
Yesterday's annual Scottish Widows Pensions Report made gloomy reading. As I've written before, the combination of inadequate savings, poor investment returns and low annuity rates has resulted in...
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Probe into Facebook flotation bank
May 23, 2012
Regulators are examining whether Morgan Stanley selectively informed clients of an analyst's negative report about the company before the shares started trading
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EU leaders under growth plan pressure
May 23, 2012
David Cameron and fellow EU leaders are to meet in Brussels under intense pressure to agree new economic growth plans ahead of a crucial Greek election vote
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Updates from Burberry, Ocado and FirstGroup
May 23, 2012
Better numbers for classic fashion player Burberry - revenues are up 24%. Meanwhile the IMF is calling for dramatic action to improve the UK economy.
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Happy birthday, YouTube! Now, get back to making money
May 22, 2012
Happy Birthday, YouTube! Google's (NAS: GOOG) fast-growing YouTube turned 7 on Monday. The world's most popular video-sharing website has come a long way in its brief life. Many of its milestones...
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IMF in eurozone 'shock' warning
May 22, 2012
An escalation of the eurozone crisis would deliver a "substantial contractionary shock" to the UK economy, setting back progress made towards recovery, the IMF has warned
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Tesco boss shuns bonus amid results
May 22, 2012
Supermarket boss Philip Clarke has taken responsibility for Tesco's dismal UK trading by spurning his annual bonus worth £372,000. Mr Clarke, who receives an annual salary of £1.1...
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'Austerity' is a big con
May 22, 2012
"And if all others accepted the lie which the Party imposed -- if all records told the same tale -- then the lie passed into history and became truth" -- George Orwell, 1984 Austerity is the...
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M&S targets cut amid profit fall
May 22, 2012
Marks & Spencer boss Marc Bolland slashed his sales targets for the high street retailer as he unveiled its first fall in profits in three years
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