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Business News

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  Suspended Dover-Calais Ferry Route To Restart

  A Dover-Calais ferry route which was suspended in November, when SeaFrance collapsed, is due to be re-opened.

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  RBS Chair Attacks 'Anti-Business Ministers'

  Ministers should abandon a growing tendency to indulge in anti-business rhetoric or risk damaging Britain's economic recovery, the head of the state-controlled Royal Bank of Scotland (RBS) has warn

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  'Sale And Rent Back' Property Market Closed

  The financial watchdog has temporarily shut down the 'sale and rent back' property market after discovering widespread poor practice.

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  BT Pledges 'Ultra-Fast' Broadband Speeds

  BT has promised "ultra-fast" broadband speeds of up to 300 megabits by next spring after posting a strong business performance for the last quarter of 2011.

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  Miliband Slams 'Bonus, Bust, Bailout' Culture

  Labour leader Ed Miliband has urged "responsibility and restraint" in banking sector pay, saying the industry cannot continue along a path of "big bonuses, bust, and bailouts".

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  Double-Dip Recession 'Too Close To Call'

  The UK will return to recession in the first half of this year, one influential think-tank has warned, but other new data from the services industry suggests otherwise.

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  Biggest-Ever Mining Merger On The Cards

  The chance of the biggest-ever deal in the mining sector has shot the two companies involved to the top of the FTSE 100 risers.

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  BoE Policymaker Urges Action Over Lending

  Banks are still failing to lend to UK businesses, meaning they are not providing value for money to the Government, a leading policymaker has told Sky News.

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  Facebook Finances Exposed For The First Time

  The launch of Facebook's initial public offering has provided the first glimpse of the financial and operational details behind the world's biggest social networking site.

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  Sony Replaces Boss As It Predicts Annual Loss

  Global electronics brand Sony has announced it will replace its top boss as it prepares to post its fourth consecutive full-year loss.

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  Oil Firm Shell's Profits Double To £18bn

  Royal Dutch Shell has reported a profits of £18.1bn ($28.6bn) for 2011, a jump of 54% on a year ago.

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  Drugs Firm AstraZeneca To Cut 7,300 Jobs

  Pharmaceutical group AstraZeneca has announced plans to cut 7,300 jobs as part of a restructuring strategy.