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BBC News | Business | UK Edition

Bank expected to cut rates again
The Bank of England is expected to cut interest rates later to their lowest level for more than half a century.

New shoppers push Morrisons sales
Supermarket chain Morrisons sees its quarterly sales rise - beating forecasts - despite "challenging" economic conditions.

Nomura shedding 1,000 London jobs
Japanese bank Nomura has announced it will cut 1,000 staff in London after buying parts of Lehman Bros.

Tories want mortgage aid details
The Conservatives want more details about the government's plan to help people in danger of having their homes repossessed.

Credit Suisse to cut 5,300 jobs
Troubled Swiss banking giant Credit Suisse says it is shedding another 5,300 jobs from its workforce.

Repossessions 'to reach 75,000'
The number of repossessions will rise sharply to 75,000 next year, the Council of Mortgage Lenders has estimated.

'Strong interest' in Woolworths
There has been "strong interest" from potential buyers of Woolworths' 815 UK stores, the administrator says.

Oil falls on poor economic data
Oil prices fall after a barrage of bad economic data heightens fears of protracted global recession and declining demand.

Lloyds to pass on any rate change
Lloyds TSB will pass on any cut in interest rates on Thursday to all existing customers with variable and tracker mortgages.

DFS advert banned for inflated sofas
An advertisement for DFS is banned by the Advertising Standards Authority because the sofas in it are misleadingly large.

Premium Bond holders see number of prizes slashed
Interest rate cuts by the Bank of England have led to a rapid decline in the number of Premium Bond prizes awarded.

Uncharted waters
Just how far will the Bank of England go in cutting rates?

'Too late to panic'
Now might be time to start looking for investments.

Asian autonomy
Has the time come for an Asian Monetary Fund?

Crossrail delay?
The cross-London rail plan may face funding issues

Robert Peston
How much is the taxpayer now guaranteeing?

Who cares?
Unemployment is back. Did we forget about the jobless?

M&S to hold second one-day sale
Marks and Spencer is to hold a second one-day, 20%-off sale on Thursday, as it aims to tempt hard-pressed shoppers.

Fears grow for US service sector
A measure of the US service sector dropped to a record low in November, showing further weakness in the sector.

'Fairer' treatment for depositors
Bank users are promised fairer treatment in the new Banking Act, which has been outlined in the Queen's Speech.

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