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Financial focus

Record Mega Monday online sales set to be up 21% on last year
UK Chancellor admits a need for tax hikes and spending cuts
Analysts urge State to support first time buyers
Pensions experts warn against tinkering with tax relief on pensions
UK’s euro trade supremacy under fire by French
EU politicians call for money laundering crackdown for Cyprus
Israel freezes Palestinian tax transfer
Geithner predicts Republicans will allow higher US tax rates
World economy in its best shape in 18 months, say investors
Sterling fall against euro amid optimism debt crisis is abating
Nikkei edges up to 7-month high – European shares expected to rise
Shale gas plan to be unveiled by Chancellor
Hedge funds up their bets on commodities

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