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Sir James Crosby in a file photo. REUTERS/File

Crosby quits FSA 7:55pm GMT

James Crosby, former chief executive of HBOS, resigns as deputy chairman of the Financial Services Authority after a claim that he ignored a warning that his bank was growing too fast. Full Article

HBOS risk whistleblower applies heat

Crosby's resignation statement

MPs grill bankers: Day 2 highlights

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Tsvangirai takes office as Zimbabwe PM

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Business briefs

Gilt buyers

The BoE says it could begin “quantitative easing” soon, including buying up government bonds. Full Article

Rio Tinto and Chinalco clinch deal

U.S. may delay Madoff indictment

Peugeot and VW reveal car sector gloom

Credit Suisse posts record loss

Investors look for value in Europe cyclicals

LONDON (Reuters) - Jobless benefit claims hit their highest level for almost a decade in January after total unemployment moved towards 2 million as recession-hit firms axed staff, official data showed on Wednesday. Full Article

Mother inflicted "unbelievable pain" on 2-year-old

Four dead as two RAF aircraft crash in south Wales

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World

Israel faces gridlock and dim peace prospects 7:05pm GMT

JERUSALEM (Reuters) - Israel headed for political gridlock on Wednesday with both sides declaring victory in an election that left the prospect of Israel and the Palestinians making peace as distant as ever. Full Article | Video

Congress and White House reach final stimulus deal | Video

Mass deaths feared in sealed-off Australia town | Video

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