10:48AM BST 26 Aug 2011

Robert Miller with the main City and business news as markets wait for the US Federal Reserve chairman Ben Bernanke to speak at the Jackson Hole symposium on QE3; the short selling ban on almost 60 European bank and financial company shares has been extended to the end of September; Eurozone officials in week-end talks to resolve collateral issues in relation to the second rescue deal for Greece, meanwhile Spain’s financial system is under severe strain and companies and events in the news next week including half year figures from bookmaker Paddy Power and August mortgage approvals.

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