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News Round-Up. (20.08.2008)
Posted: Tuesday 19th Aug 2008
Starting at the BBC, mortgage lending continues to slump as Lidls and other cheap-‘n-cheerful supermarkets coin it in as austerity begins to bite.
Next, The Telegraph reports that the Asian markets are in decline, while the frankly rather useless BAA has been told it must sell at least two of its airports.
The Guardian says the high price of oil has actually boosted government coffers, as it is revealed that the Bank of England was split three ways over rates rises a fortnight ago.
And The Times has news that EBay is setting up a direct challenge to Amazon, while UK gas prices shoot up.
Over at The Independent, Tesco is getting done for telling porkie pies about how cheap its food is, as price inflation soars in the USA.
And finally, Startups.co.uk says that SMEs are up in arms over parking charges, and aren’t even able to go on holiday either.