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Q&A: The Lloyds share issue

A low-down of the rights issue launched by Lloyds Banking Group in a bid to raise £13.5bn of new capital Lloyds Banking Group has announced the biggest rights issue in history, as it seeks £13.5bn in new capital. Here we look...

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How to get a mortgage that is six times your salary

Homeowners have seen the mortgage market change seemingly irredeemably in the past two years, as lenders batten down the hatches and restrict the availability of deals. However, banks and building societies are more flexible...

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BA to cut tenth of jobs after losing £292m in disastrous summer

British Airways plans to cut its workforce by more than a tenth as it struggles with mounting losses. The airline said yesterday that 4,900 jobs would be lost — about 12 per cent of staff — by March. This is 1,200 higher than...

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National Express East Coast now public

• Train service taken over from next Saturday • Public ownership will last for at least 18 months Back in the day, British Rail was synonymous with soggy sandwiches, late trains – or no services at all. Deserved or not, it was...

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Ethical investments: What shade of green will you choose?

With National Ethical Investment Week about to start, Sarah Pennells guides newcomers through the three main types of fund and suggests where to go to find out more You recycle, switch off lights and have a water butt. But is...

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Will you be sold off with your bank?

We explain how the Lloyds and RBS sell-offs will affect customers Confusion reigned this week over which customers of Lloyds TSB and Royal Bank of Scotland (RBS) would be switched to new businesses when parts of the...

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Rio Tinto gains from talk of increased BHP interest

Peter Stiff: Market report Shares in Rio Tinto were in demand yesterday after Citigroup talked up the chances of BHP Billiton making another bid. The broker said that Rio, up 43p at £29.17, was still the deal that made most...

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French security guard drives off with €11m

French police arehunting for a security van driver believed to have carried out one of France's biggest cash robberies, after he disappeared from outside Lyon's Banque de France, along with €11m (£9.8m), yesterdaywhile his...

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The Berlin Wall kept me apart from my baby son

Sigrid Paul had just given birth when the Berlin Wall went up, dividing a city and – in an extraordinary sequence of events – separating her from her baby son. His first five years were in the west, while she was trapped in the...

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Why public schools will rule in 2010

With half of David Cameron's 'A list' candidates independently educated, influential Tories are calling for greater diversity Since David Cameron became Tory leader, a key part of his mission has been to make the Conservative...

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