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    Last update: December 22, 2009

    +PBR confirmed for Tuesday
      12.30pm update: Chancellor Alistair Darling will present his pre-budget report and comprehensive spending review to parliament on Tuesday at 3.45pm, the Treasury said today. By Ashley Seager and Fiona Walsh..

    +Rock borrows £2.9bn more
      Lender is thought to have taken on a further £2.9bn of emergency borrowings from the Bank of England this week, bringing the total to an estimated £10.7bn.

    +Crossrail gets the go-ahead
      12.15pm update: Gordon Brown announces long-awaited £16bn scheme is finally going ahead. By Graeme Wearden.

    +Royal Mail claims strike support weakening
      Royal Mail claimed today that more than a quarter of staff members are ignoring the postal strike, as negotiations with union leaders continued. By Graeme Wearden.

    +Could M&S be after Sainsbury's?
      Lunchtime market report: A speculative tale is doing the rounds that a private equity firm in partnership with M&S might be planning to spoil Qatari-backed Delta Two's party. By Nick Fletcher.

    +Barclays abandons battle for ABN Amro
      Barclays accepted the inevitable today and conceded defeat in the seven-month battle for ABN Amro. By Phillip Inman.

    +Wall St firms wield the axe
      US finance industry has seen a leap in job cuts this year in response to the credit crunch. By Andrew Clark in New York.

    +Inside the Googleplex
      On America: Japanese massage chairs, scooter parking in the corridors, and a room dedicated to lego. It can only be the self-conscious wackiness of Google, which had an open day at its New York office this week. By Andrew Clark in New York.

    +Property group cancels sale of Meadowhall
      British Land yesterday blamed the credit crunch for its decision to cancel the planned sale of Meadowhall.

    +Bank waits for housing market
      Rates on hold at 5.75% as average price of home falls for first time this year

    +Government halts nuclear clean-up privatisation
      Questions over private sector role after tendering is suspended.

    +Interview: Waitrose managing director, Mark Price
      Waitrose managing director Mark Price likes to think a grocer's girth correlates to the quality of food on sale. By David Teather.

    +Nils Pratley: Why the City is wild about widgets
      Nils Pratley: The market is making a judgment: solid, industrial assets are in, consumer-related stuff is out, which is entirely rational if house price growth is weakening.

    +Administrators called in to M&S shoe supplier
      Shoe and homewares group Lambert Howarth has gone into administration after Marks &Spencer, its largest customer, cancelled all future orders. By Julia Finch.

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