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lSeven out of 10 Londoners support the idea of a London Olympic bid and are convinced it would provide an impetus for the capital's regeneration, according to new MORI research for the World Sports Council.

lOnly 16 per cent of small businesses have predicted that their turnover will increase in the next three months, the Office World Quarterly Survey has shown.This compares with 37 per cent that have predicted a slowdown.

lHouse price rises ground to a halt in April for the first time since 11 September 2001, according to new research from Nationwide Building Society.

This was due to a drop in firsttime buyers entering the property market, the Nationwide concluded.

lCouncil tax bills are likely to jump by £80 per house during the next two years - above and beyond the 13 per cent rises already seen in April - figures released by the Treasury have shown.This represents a £2 billion increase in the national tax bill.

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