FT Update

Tue 12 Jan 2010

Crompton quits UKFI
John Crompton, the number two at UK Financial Investments resigned after missing out on the top job.

Signs of stability
Signs of stability in Britain's economy emerge from two new surveys released today.

Lehman warns banks
The executive leading the unwinding of Lehman Brothers warned big banks on making "outrageously unreasonable" claims against the failed bank's US business.

IMF mission for Greece
The International Monetary Fund is to send a mission to advise the Greek government on its budget crisis.

Robust Tesco
Tesco enjoyed strong Christmas trading but Asda was weaker.

China tops motor sales
China passed the US top become 2009's top global vehicle seller.

Crude approaches $84
US crude oil pushed close to the $84-a-barrel mark.

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