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Times Online August 12, 2008

BUSINESS BULLETIN

Dear Reader

Visit Times Online today for dynamic business news and views, market charts and sector analysis, plus your chance to comment.

Also you can now download our series of free podcasts exploring the business ideas that are changing the world at www.timesonline.co.uk/businessideas

Today's top stories

Inflation set to hit 5 per cent

A record surge in the cost of goods leaving factories reinforced expectations headline inflation will leap over the summer

Apax close to sovereign wealth fund deal

One of Britain's biggest buyout groups is near to clinching a deal to sell 10 per cent of itself to sovereign wealth funds

Water bills are next in line for a big rise

The increases, designed to pay for £27 billion of new water and sewerage projects, would mean more misery for households

Supermarkets add pressure to forecourts

An escalating supermarket war over petrol, allied to the credit crunch, could put 500 petrol stations out of business
OTHER HEADLINES
Analysis chevrons

Fall in oil price could let bank relax

The fall in the crude price is very important for central banks grappling with resurgent inflation at a time of slowing growth
Markets chevrons

Tempus: Mapeley ... Kazakhmys ... Ideal Shopping

Mapeley's business model is out of step ... Kazakhmys gains a blocking stake ... Ideal Shopping sits in a very sweet spot

Apple software surge ... A&L extension ... BG oil find

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