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Times Online October 28, 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

Banks may need extra taxpayer aid

Bank of England report suggests funding already provided for banks could be wiped out if economic conditions worsen

Pound in free fall as traders fear more misery

Losses in recent months now mirror the falls after Black Monday in 1992 when John Major pulled Britain out of the ERM

Borrowing rises to £60bn as revenues collapse

Gordon Brown prepares to tear up his 'golden rule' on debt in order to fund spending spree to counter the looming recession

Opec stands ready to cut production

Secretary-general says consortium is watching market carefully and will 'not hesitate to act to stabilise the price'
OTHER HEADLINES
Analysis chevrons

Still in the woods but there are signs

The early signs are that the flurry of measures to stabilise the banks are starting to work
Markets chevrons

Tempus: Woolworths ... Reckitt ... Hydrogen

Deloitte is a worrying spectre at Woolworths ... Reckitt Benckiser trades on healthy premium ... Hydrogen delivers profit warning

DSG under review ... BG acquisition ... Nokia deal

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