Fresh doubts emerged about Northern Rock's ability to repay the £23bn of taxpayers' money it has been lent by the Bank of England. A Guardian examination of Northern Rock's books has found that £53bn of mortgages - over 70% of its mortgage portfolio - is not owned by the beleaguered bank, but by a separate offshore company. Read the articlePhotograph: GettyCampaigners against a third runway at Heathrow admitted today that blocking the £9bn project will be near-impossible after the government published a consultation document weighted firmly in favour of expanding Britain's largest airport. Read the articlePhotograph: Cate Gillon/GettyThe state-owned Dubai Ports World this week sold just under a quarter of a business now valued at $21.58bn through an initial public offering in Dubai at $1.30 a share - the top end of the indicative range it had set. Read the articlePhotograph: Dan Chung/Guardian
Severn Trent has been charged with three criminal offences of supplying water regulator Ofwat with inaccurate data on water leakages over several years. Read the articlePhotograph: David Sillitoe/GuardianGlaxoSmithKline shocked the City with a profit warning, blaming safety concerns over its Avandia diabetes pill and increases in competition from generic drugs. Read the articlePhotograph: Justin Sullivan/GettyThe safety regime at Britain's North Sea oil operators was condemned in a report by the Health and Safety Executive, which revealed that almost 60% of North Sea oil platforms had problems that oil companies should have addressed. Read the articlePhotograph: Marcel Mochet/GettyThe Bank of England's monetary policy committee voted unanimously to leave interest rates on hold earlier this month, minutes released this week show.Photograph: Andy Rain/EPA
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