Hard-pressed British consumers are turning their backs on £3 lattes, restaurant dining and the local pub, as the austere economic climate puts a clamp on life's little luxuries.
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WASHINGTON/NEW YORK - The US Treasury Department is close to finalising a plan to buttress mortgage finance companies Fannie Mae and Freddie Mac, The Wall Street Journal reported on Friday.
IN CORPORATE life, said the strategy guru Gary Hamel, the future belongs to revolutionaries - those who challenge the prejudices and dogmas of the incumbents.
