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Financial Times - UK Homepage
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Financial Times - UK Homepage
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Runaway borrowing to trigger tax rises
Annual public borrowing is set to rocket towards £120bn over the next two years, forcing Alistair Darling to announce plans for deferred tax rises in his pre-Budget report next week
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Fear stalks the world's economies
Anxiety about a severe recession gripped financial markets as dire unemployment figures from the US drove long-term interest rates to record lows
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Planned $250m investment fails to lift Citi
Citigroup's crisis deepened as its shares continued to slump in spite of a planned investment of about $250m by Prince Alwaleed Bin Talal, its largest individual investor
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Basel outlines stricter limits for banks' capital
Plans to make banks hold greater capital reserves and limit the amount they can borrow have been outlined by the world's leading banking watchdog in an effort to prevent a repeat of the credit crisis
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RBS bosses apologise to investors
A profuse and candid apology to angry investors in Royal Bank of Scotland for its troubles was delivered by its chairman and outgoing chief executive
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