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Business headlines at 08:45

G20: Geithner Rejects Brown 'Bank Tax' Plan
US Treasury Secretary Timothy Geithner has told Sky News he is "not prepared" to support Gordon Brown's call for a financial transaction levy.

Unions To Ballot BA Crews Over Xmas Strikes
Passengers flying British Airways over Christmas could face big disruptions after union leaders served notice to ballot thousands of cabin crew staff on strike action.

More Job Cuts To Come As RBS Loses £1.5bn
Royal Bank of Scotland has posted a £1.5bn operating loss for the last three months - down 60% on the previous quarter.

US Jobless Rate Soars Over 10% Mark
The US suffered more job losses than feared in October, tipping the unemployment rate over the 10% mark.

Putrid Larvae-Ridden Fruit Sparks Asda Recall
A case of larvae-infested fruit has triggered a recall at supermarket Asda.

Insolvencies Hit New Half-Century High
The number of people declared insolvent in England and Wales hit a new record high in the third quarter as more indebted Britons were worn down by the UK's longest recession.

Superstore Fills The Power Of Electric Cars
A major supermarket chain has installed a network of electric car recharging points outside its London stores.

Christmas Post Safe As Strikes Called Off
Christmas post deliveries will not be hit by strike action, in a deal reached between postal workers and Royal Mail.

1,700 Jobs To Go As Threshers Stores Close
Administrators say 373 Threshers stores are to close with the loss of 1,738 jobs.

Swiss Bank UBS Fined £8m By City Watchdog
The Swiss bank UBS has been fined £8m by Britain's City watchdog for failing to stop workers making unauthorised transactions.