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    Last update: December 22, 2009

    +UK banks hit by credit fears
      Barclays loses 7% at one stage in London as market turmoil continues. By Phillip Inman.

    +Merrill shares tumble
      US bank's stock suffers its biggest fall for eight years as confidence drains over the extent of its exposure to mortgage-related losses. By Andrew Clark in New York.

    +EMI to axe unproductive musicians
      Music group takes a fresh approach to business under its new private equity owners. By Katie Allen.

    +Tesco plans rejected
      Plans to build a store in the Norfolk town of Sheringham have been rejected by local councillors after a 10-year battle against the supermarket. By Patrick Barkham.

    +BA says one-bag rule to go
      The good news for passengers was accompanied by half-year figures from the group showing profits up by more than a quarter to £593m. By Mark Milner.

    +Pizza lovers get cheesed off
      A surge in mozzarella prices will soon push up the cost of the humble pizza.

    +Rupert Murdoch outlines Sky strategy
      Rupert Murdoch has told BSkyB shareholders the firm would relish the competition brought by changes in the media landscape. By Chris Tryhornand Katie Allen.

    +Insolvencies and repossessions fall
      Home repossessions and insolvencies fell in the third quarter of the year.

    +BG denies blame for high energy prices
      BG, one of the UK's key gas producers, joined the row over high energy prices in Britain yesterday saying it was 'part of the solution'rather than part of the problem.

    +Interview: Christopher Foyle, chairman of Foyles bookshop
      Friday interview: Christopher Foyle had to buy the firm after his aunt left everything to charity. By David Teather.

    +Viewpoint: DIY tasks that Murphy failed to do
      So Kingfisher chief Gerry Murphy is back on the job market - with a splendid pay-off of £140,000 a month while he mulls the sits vac until February 2009. By Julia Finch.

    +Scam 'contributed to loans crisis'
      America's third largest mortgage provider was accused yesterday of forcing supposedly independent property valuers to exaggerate the price of homes.

    +Sellafield 'not fit'for nuclear waste disposal
      The government has been warned that it would be 'wrong'and possibly illegal to use Sellafield in West Cumbria for long term nuclear waste disposal as consultation on where to store the UK's atomic legacy ends today.

    +Wall St takes a bite out of Crocs
      The company behind the unlikely shoe success that makes lost almost one-third of its value on Wall Street.

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