The leaders of 35 of the UK's biggest companies have expressed their support for the government's plans for spending cuts running into billions of pounds.
The bosses of Marks and Spencer, BT and GlaxoSmithKline are among those to have signed a letter to the Daily Telegraph, writes the BBC.
They write it would be a "mistake" for Chancellor George Osborne to water down his programme for reducing the budget deficit.
Mr Osborne will announce details of the Spending Review on Wednesday.
The bosses wrote in their letter to the Telegraph there was no reason to believe Mr Osborne's approach would undermine any recovery.
George Osborne to make banks pay tax
The Chancellor has stepped up the pressure on banks by pledging to force the industry to sign up to a code of practice on tax avoidance within a month.
The Chancellor's promise came ahead of research published by the Trades Union Congress that shows UK lenders may avoid £19bn in taxes in future years by offsetting profits against the huge losses sustained during the financial crisis, writes the Telegraph.
The TUC described the effective tax-rebate as an "extraordinary double subsidy" for the bailed-out sector.
The Coalition is already cracking down hard on the banking industry, imposing a £2.5bn annual levy on risky wholesale funding and threatening a "financial activities tax" on bonuses and excess profits that analysts reckon could raise another £3.5bn.
Banks and government meet over finance plan for small businesses
Proposals by the high street banks to set up a £1.5bn fund to buy equity stakes in small businesses will be among the topics discussed at the government's small business economic forum, which meets for the first time today.
One of 17 initiatives outlined by the banks with the intention of boosting lending to small businesses, the fund has already faced criticism for being inadequate to finance many firms, and because it is only of use to around 5% of businesses seeking finance, writes the Guardian.
Most businesses want access to credit rather than equity investment, according to small business leaders.
The heads of business banking at the major banks will meet representatives of small businesses at the forum, which will be attended by business secretary Vince Cable but chaired by the minister for business and enterprise, Mark Prisk.
House prices face a 'double dip with no recovery for five years'
The housing market is heading for a double dip and will take five years to recover, a leading economist has claimed.
Peter Spencer, chief economic adviser with leading financial forecasters Ernst & Young Item Club, said property values would fall by 5% over the next 12 months, writes the Mail.
The predictions are based on the Treasury's own forecasting models.
And Mr Spencer claims the housing market will remain depressed for years to come because banks are refusing to offer affordable loans to first-time buyers.
2010 dividends seen falling less after strong Q3 payouts
Dividend payments by UK-listed firms will fall less than expected this year after payouts grew in the third quarter, the first time since the first quarter of 2009, Capita Registrars said.
Capita Registrars, which provides share register administration services, has raised its forecast for total dividend payouts in 2010 to £55.7bn ($89bn), up from its previous estimate of £54.7bn but still down on last year's payout of £58.7bn, writes Reuters.
However, dividends in the third quarter this year rose 1.6% on a year ago to £17.6bn, Capita said. For the first nine months of 2010 dividends totalled £46.1bn, down from £47.8bn over the same period last year.
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