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In the News
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Interest rates hit all-time low
8 Jan 2009 at 9:18am
The Bank of England cuts rates to 1.5%, the lowest level in its 315-year history, as it continues efforts to help the economy.
UN suspends Gazan aid operation
8 Jan 2009 at 11:07am
The UN says its main aid agency is suspending work in Gaza because staff have been killed and injured in Israeli attacks.
Nissan plant to shed 1,200 jobs
8 Jan 2009 at 7:48am
Wearside car plant Nissan is to axe around 1,200 jobs - about a quarter of its workforce - blaming the economic downturn.
Obama urges action on economy
8 Jan 2009 at 9:32am
US President-elect Barack Obama says that a huge stimulus package is urgently needed to revive the US economy.
Madoff 'had cheques ready to go'
8 Jan 2009 at 10:23am
Bernard Madoff had $173m in cheques in his office desk, ready to send out at the time of his arrest, US prosecutors say.
US firm in talks to buy Wedgwood
8 Jan 2009 at 9:35am
A US private equity firm is in advanced talks to buy most of iconic china firm Waterford Wedgwood.
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