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FT.com - UK Homepage


Regulator calls for BAA airport sales
A damning report by the Competition Commission has called on BAA to sell two of its three London airports and one in Scotland in what will be a heavy blow to the airport operator's owner Ferrovial of Spain

MPC's August rate decision 'finely balanced'
UK economic weakness persuaded the Bank of England's Monetary Policy Committee to hold rates at 5 per cent at its August meeting, despite signs of strong inflationary pressure, minutes of the meeting showed.

Manufacturers see propects at 7-year-low
British manufacturers are more downbeat about their prospects than at any time since late 2001, according to the latest CBI monthly survey of manufacturing trends, with only 23 per cent describing ther order books as above normal

US and Poland sign missile shield deal
The United States and Poland signed a deal to station elements of a US missile defence shield in Poland– in a move finalised after Moscow's intervention in Georgia – as Syrian president Bashar al-Assad visited Moscow seeking to acquire Russian cruise missiles

Ericsson and STMicro form mobile venture
Ericsson and STMicroelectronics announced the formation of a joint venture that will supply semiconductors and other technology to mobile phone manufacturers

Sarkozy in Kabul after French troop deaths
President Nicolas Sarkozy said he had no regrets about sending 700 more troops to Afghanistan, after insurgents killed 10 French soldiers, the biggest single loss for foreign forces in combat since 2001

Barclays sees potential in US
Barclays would consider buying a US wealth management company but is 'highly unlikely' to bid for an investment bank, even with the depressed share prices of many Wall Street firms, Bob Diamond, the bank's president, said on Tuesday

UK tries to offload Typhoon fighters
Talks have been held with countries including Japan about offloading large numbers of Eurofighter Typhoons that the Ministry of Defence has ordered but can no longer afford

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