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Times Online October 16, 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.

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Today's top stories

World prepares for long recession

Ben Bernanke, Chairman of the Federal Reserve, helped unnerve markets when he warned there would be no quick fix

Banks will pay dividends after all

Treasury looks to relax five-year ban on newly nationalised banks paying dividends in an effort to keep the bailout on track

Sants apologises for FSA failure

Chief executive of the City's chief regulator admitted that they could have done more to prevent collapse of Northern Rock

Britain heads for Iceland showdown

Government has put accountancy firm Ernst & Young on standby to step in as administrator of the UK assets of Landsbanki
OTHER HEADLINES
Analysis chevrons

Act now to stave off depression

Moderating the recession requires drastic changes in monetary, fiscal, financial and international policy
Markets chevrons

Experian suffers from banking failures

Along with pawnbrokers and insolvency practitioners, credit reference agencies might sound like a rock-solid recessionary play

BAE growth ... Eurostar sales rise ... Opec forecast

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