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    Last update: December 22, 2009

    +IMF: UK risks house price crash
      The credit crunch is taking its toll on a heavily over-valued property market, the IMF warns. By Larry Elliott.

    +S&N resists takeover approach
      Scottish &Newcastle came out fighting today after European brewers Carlsberg and Heineken revealed they are planning a multi-billion pound break-up bid for the group. By Graeme Wearden.

    +Coke goes flat in western Europe
      Bad weather hinders world's biggest drinks company this summer. By Andrew Clark in New York.

    +Bank voted 8-1 to hold rates
      One of the Bank of England's MPC members, David Blanchflower, broke ranks this month and voted to cut interest rates to 5.5%. By Ashley Seager.

    +India's finance minister tries to calm investors'nerves
      Government's attempt to curb hot money flows into India put shares on a rollercoaster today, with the main index plunging 9% before recovering to close 1.8% lower. By Randeep Ramesh in New Delhi.

    +Autumn goes oval-shaped for retailers
      England's success in the Rugby World Cup has brightened trading for a host of businesses. By Julia Finch and Katie Allen.

    +Markets motor ahead - but never see the ice on the road
      Cheap money has pushed thoughts of a crash out of bankers'heads, but could it happen again, asks Nils Pratley.

    +Economic migrants send home $300bn - report
      Earnings sent home from migrant workers are worth three times as much as aid flows from rich countries and help boost the incomes of 10% of the world's population. By Larry Elliott in Washington.

    +Penguin glued to BBC after Lonely Planet deal
      Publisher of the Rough Guide travel books said today it will closely monitor how the BBC makes use of Lonely Planet after BBC Worldwide bought a 75% stake. By Katie Allen.

    +Oil breaks records to nudge $88
      Opec curbs supplies and squeezes US refiners as Iraq tension and weakness of dollar fuel price rise. By Terry Macalister.

    +S&N investors toast end to bid rumours
      Closing market report: There was a two-way pull in the market today, with oil stocks in decline but a bid for Scottish &Newcastle setting the brewer's shares alight. By Nick Fletcher.

    +Virgin would change Northern Rock's focus
      Company would rein in crisis-hit bank's aggressive pursuit of new mortgage customers and increase its focus on savers if it took control, according to the executive leading its bid. By Graeme Wearden.

    +Compensation right ended for asbestos condition workers
      Thousands of workers suffering from an asbestos-related condition will not be able to claim compensation following a ruling by Law Lords today. By Clare Dyer.

    +Black days for green dreams
      On Europe: The hydrogen car project seems to be running out of gas, David Gow reports.

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