The Philippine government and Muslim separatist rebels hope to reach a peace deal by April next year, a Malaysian facilitator says.
• Greece credit downgrade hits Asian markets • Pre-budget report will dominate City trading • Boardroom shake-up at easyJet With just a few hours to go before Alistair Darling stands up to deliver this year’s pre-budget report, City traders are
Andy Verity and Mickey Clark present this morning’s business stories, including:
The Chancellor Alistair Darling will deliver his pre-Budget report this afternoon with the economy still mired in the longest recession since the 1950s and public finances in their worst state since the Second World War.
We also look at what’s on offer from a business support group for the car sector which is holding a networking event in Birmingham tonight.
Finally, five of the world’s biggest publishers have launched a joint venture to try and regain control of their content in the face of a new generation of online reading devices.
A surfing competition held only in the most extreme conditions takes place in Hawaii as waves reach up to 12m (40ft) high.
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