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LONDON: Britain's public finances improved slightly in October but finance minister George Osborne is still unlikely to meet his budget goals before next year's general election.
The Bank of England has opened a formal investigation into the possible manipulation of money-market auctions held at the start of the financial crisis and whether its officials were involved, the Financial Times reported on Saturday.
TWO major central banks have moved to pump up flagging global growth, sending stockmarkets soaring but raising new questions about the limitations of a seven-year effort to use monetary policy to address economic problems.
As big stores offer huge discounts in the Christmas on the same day as many get their pay slips, shoppers across the country brace themselves for the biggest ever Black Friday.