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Sharp fall in inflation as food and petrol prices dive

The rate of inflation in Britain fell further than expected in October as the sharp drop in the price of petrol and food helped push the consumer prices index back towards its target level.

CBI's Lambert says healthy credit markets key to turnaround

The Director-General of the CBI, Richard Lambert, has said that tax policies contained in next week's pre-Budget report by the Chancellor will be less important than ending the credit crunch itself.

GM workers plead for emergency bailout

A bankruptct filing by General Motors would be the beginning of the end of the US-owned car industry, the president of the United Autoworkers union has predicted.

Hertz to muscle in on the British car-club market

Hertz, the car-rental giant, is to drive into the car-club market competing with independent specialists Streetcar, City Car Club and Zipcar.

CAA moves to extend consumer protection to airline passengers

The Civil Aviation Authority (CAA) will gather the great and good of the travel world for a meeting in London this week to thrash out an industry stance on the extension of consumer protection to the airline industry.

'I used my City skills to become a highly efficient house husband'

These days, working for an investment bank is akin to being labelled a child molester. Bankers walk around in public with their heads bowed to avoid meeting new people and facing that dreaded question:"So, what line of business are you in?"

President-Elect Obama: What Will Change Really Mean to Small Business?
While small-business owners and advocates cheer the economic stability and confidence an election outcome may bring, many remain wary of the president-elect's tax proposals and the long-term direction of the economy
Peugeot to cut more jobs as car crisis continues

PSA Peugeot-Citroen, Europe's second-biggest carmaker, announced a fresh wave of job cuts today as a decline in European car sales is seen continuing into 2009.

No bonus for Barclays chiefs

Barclays said today that executive directors will not receive any annual bonus this year as the bank seeks to pacify investors over its £7 billion fundraising.

Sir Stelios ramps up row with easyJet's directors

Sir Stelios Haji-Ioannou intensified his dispute with the board of easyJet yesterday by refusing toapprove the annual accounts of the budget airline he founded. His move came as the group said its profits were slashed by the high cost of fuel this year.

Not Just a Pretty Face
Trace Ayala teamed up with his friend Justin Timberlake--yes, that one--to create a clothing line and a restaurant. But they learned celebrity would only take them so far.
Cavuto: World Goes Nuts, We Go to Work
On a day the world went nuts...We went to work.
Japan the latest economy to fall into recession as exports drop off

Japan became the latest country yesterday to succumb to the disintegrating global markets and fall into recession, its first since the technology bubble burst seven years ago.

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