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Business

Swap To Euro Claims Denied: Business Secretary Peter Mandelson has denied he was responsible for suggesting the Government should consider adopting the euro.; Read the full story

FTSE Closes At 4170: The FTSE 100 index closed 47.1 points higher at 4170 after a positive opening on Wall Street.; Read the full story

More Bargains As Retailers Feel The Pinch: Stores such as Debenhams and Marks & Spencer are offering customers more big savings as the economic downturn continues to bite retailers.; Read the full story

Northern Rock Pledges Six-month Reprieve: Northern Rock has pledged to wait at least six months before repossessing the homes of people who have fallen behind with their mortgage.; Read the full story

Another 1% Cut For Interest Rates?: Bank of England policymakers are gathering amid growing speculation interest rates are in line for another 1 per cent cut.; Read the full story

Drug Giant Glaxo To Cut 200 Jobs: GlaxoSmithKline has announced that 200 jobs will be axed at its Barnard Castle factory in Durham.; Read the full story

BA In Talks Over Qantas Merger: British Airways has said it is in talks over a potential merger with Australian rival Qantas.; Read the full story

Downturn Hits Tesco Sales Growth: Tesco has revealed a 2 per cent rise in third-quarter UK sales, its lowest growth since the early 1990s.; Read the full story

Credit Suisse To Cut 650 Jobs: Swiss bank Credit Suisse has announced plans to cut 650 jobs in the UK.; Read the full story

Downturn Claims 2,000 More Jobs: Four high-profile firms have announced up to 2,000 redundancies just weeks before Christmas.; Read the full story

Mortgage Lending Dives To £459m: Net mortgage lending dived by nearly 70 per cent during October to just £459 million, the Bank of England has said.; Read the full story