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Sunday 23 December 2012

UK Financial News on 2012-12-23

Alcohol fraud rising, say traders
Off-licence chains say the illicit alcohol trade is having a major impact on legitimate traders and costing the Exchequer billions of pounds in lost tax revenue......

Norway minister's EU exit warning
Norway's foreign minister calls on the UK to think of the advantages of staying in the European Union, rather than consider leaving......

VIDEO: 'The timing couldn't be any worse'
As further heavy rain is forecast for Wales and south-west England, a cafe owner in Braunton, Devon, speaks about the effect the flooding there on Saturday has had......

VIDEO: North-south route for China train
The world's longest high-speed train route will start operating in China on Wednesday, between Beijing and Guangzhou, after the completion of final tests......

VIDEO: Hundreds of Remploy jobs at risk
At the start of 2012, there were 54 Remploy factories across the UK providing jobs for hundreds of people with disabilities, but within a few months only five could remain......

VIDEO: Tolls 'could pay for new roads'
A plan to fund new roads using tolls which drivers would pay to private companies is to be included in the coalition's new policy agenda......

VIDEO: Last-minute shopping for Christmas
Up to 13 million shoppers were expected on the high streets of Britain, as the scramble to finish Christmas shopping continues......

VIDEO: Can Middle East accept camel leather?
The camel is an important animal in the Middle East, providing transport, meat, milk - and now leather......

Knitting and baking the cars of the future
Knitting and baking the cars of the future.....

Monti considers options
Dec. 23 - Italy's Monti says would consider standing at election. Deborah Lutterbeck reports......

Sunday Interview: Amanda Wakeley: 'There is still money in the luxury sector'
The founder of the eponymous fashion label Amanda Wakeley- boosted this year by the Duchess of Cambridge - tells Sarah Butler about her fight for the company and expansion plans<img width='1' height='1' src='http://telegraph.feedsportal.com/c/3272.....

Pressure increases for UK interest rate rise in 2013
The Bank of England will defy expectations and raise interest rates next year on the back of a solid recovery and rising inflation, senior economists have warned.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/26.....

Struggling Groupon bid 80m for luxury retailer
Groupon, the struggling US "daily deals" company, offered to buy Achica, the British luxury goods online retailer, in a deal that would have valued the company in the region of 80m.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/.....

Alex: It's A Wonderful Crisis - part 1
<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/26ddc286/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com/r/153442421805/u/3/f/568300/c/32726/s/26ddc286/a2.htm"><img src="h.....

Market moves on Home Retail shares
Hedge fund manager Crispin Odey, who famously made millions betting against British banks ahead of the credit crunch, has described Home Retail as "challenged", as new data showed the group was the most shorted company on the FTSE All-Share index.<.....

Chilling economic report strikes fear into CEOs
Over an early-morning coffee with the chief executive of a FTSE 100 business last week, talk turned to the outlook for 2013. Where I had expected some guarded optimism, instead I heard a chilling analysis.<img width='1' height='1' src='http://tele.....

Retailers hope for late Christmas rush
Retailers are hoping for a late rush of Christmas spending after industry data revealed sluggish sales throughout December.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/26ddc125/mf.gif' border='0'/><br/&g.....

Business fund gives Boost a lift with 2.5m injection
The bank-backed Business Growth Fund has taken a stake in juice and smoothie chain, Boost.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/26ddc126/mf.gif' border='0'/><br/><br/><a href="http://d.....

We ignore the threat of inflation at our peril
The high rate of inflation in the UK is a problem that won't go away.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/26dcf2cd/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com/r/1.....

MF Global UK creditors could recover all their money after US deal
Thousands of creditors of failed broker MF Global UK could receive all of the money they lost in its collapse after a deal between the respective administrators of its British and American operations.<img width='1' height='1' src='http://telegraph.....

My festive prediction? Over 10 years, the stock market will double
It is traditional at this time of year to make predictions for the next 12 months.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/26dcf2cf/mf.gif' border='0'/><br/><br/><a href="http://da.feedsp.....

Procrastination means UK at severe risk of making mistake over aviation policy.
When you lead a business, making decisions is one of your responsibilities.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/26dcf128/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.c.....

ITV expands in US with controlling stake in Duck Dynasty maker Gurney
ITV buys majority stake in US reality Duck Dynasty maker Gurney for 24.7m as part of strategy to increase size of studio business.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/26db4936/mf.gif' border='0'/>&l.....

Everything you wanted to know about US hit reality series Duck Dynasty
As ITV buys a controlling stake in US reality TV production company Gurney, we provide a guide to their biggest hit show Duck Dynasty.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/26db4274/mf.gif' border='0'/&g.....

Personal finance review of 2012: who survived, who suffered?
The recession struck in earnest this year, but not everyone ended up worse off. We identify the winners and losers.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/26da66f1/mf.gif' border='0'/><br/><br.....

Finance workers 'earn 20pc more' than industry counterparts
Finance industry workers are paid 20pc more on average than people with the same level of education and experience in other sectors, a report reveals.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/26d9faa2/mf.gi.....