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FT.com: Your Money
| Post Office could offer current accounts |
| The public will be able to open current accounts at post offices for the first time under plans being pushed by the government. |
| Property sales rise for second month |
| The average estate agent sold seven properties during the month, up from six in September and a record low of five in August. |
| Rents hit by surge in supply of homes |
| Residential rents fell for the first time since April 2003 in the three months to October as the supply of properties to let surged, according to the latest survey from the Royal Institution of Chartered Surveyors |
| Building societies and overseas banks targeted in new tax probe |
| A fresh onslaught on offshore tax evasion is to be mounted by Revenue & Customs early next year |
| Fine wines drop in price |
| Prices of expensive wines from the chateaux of Bordeaux have fallen as much as twenty five per cent in the last two months |
| Icesave customers start to receive money |
| Savers with money trapped in accounts with the Icelandic bank should be fully refunded by the end of November, according to the Financial Services Compensation Scheme |
| Iceland agrees deal on foreign bank deposits |
| The agreement with Britain and other European countries on guidelines covering Icesave accounts is likely to clear the way for a stalled IMF support package for Reykjavik |
| Property asking prices fall 7 per cent |
| Average asking prices for properties have fallen 7 per cent in the past year, according to Rightmove, as sellers are forced to take action to attract new buyers. |
| Buy-to-let troubles linked to new rules |
| A study finds that roughly half of outstanding buy-to-let mortgages show higher levels of arrears than those packaged earlier, before underwriting standards were relaxed |
| Employers forecast severe UK downturn |
| Britain is set to enter a recession as severe as that of 1991, with the economy shrinking by 2.5 per cent from its peak before reaching a trough late next year, according to a sharply revised forecast from the CBI employers' body |
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