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Osborne boosted ahead of Budget

George Osborne today received a boost ahead of his emergency summer Budget as official figures showed a better-than-expected improvement in the UK's public finances.

Nationwide chief to step down

Nationwide boss Graham Beale has announced that he is to retire after nine years in the job as Britain's biggest building society declared record annual profits today.

Competition fears over Reckitt deal

Durex owner Reckitt Benckiser has run into resistance over plans to buy the K-Y lubricant brand after competition authorities found the deal could result in higher prices for consumers.