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Repossession orders rise

The number of homeowners at risk of losing their properties has soared by nearly a fifth in the past year.

FTSE closes at 6204.7

The FTSE 100 Index has closed down 66.1 points at 6204.7.

Date set for T5 long-haul flights

British Airways will start transferring its Heathrow long-haul flights to troubled Terminal 5 on June 5.

Interest rates held at 5%

Interest rates have been held at 5 per cent by the Bank of England.

Royal Mail hit by competition

A sharp decline in mail volumes and industry competition are being blamed for a huge drop in Royal Mail's profits.

Staff admit being drunk at work

More than one in ten employees has been drunk at work, and one in three hungover, a new poll claims.

UBS to axe 5,500 jobs

Swiss bank UBS is axing around 5,500 jobs amid first quarter losses of 11.5 billion Swiss francs (£5.5bn).

Microsoft drops Yahoo bid

Microsoft Corp has withdrawn its offer for Yahoo as negotiations fell through on an acceptable sale price.

Sharp fall for house prices

House prices suffered their biggest annual fall in 15 years in April, the country's biggest mortgage-lender HBOS has said.

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