Quote from The Baron Son "Tis not one’s failings alone that produce
self-mastery, but studying the causes of such failure, coupled with
the persistent application of new methods."
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.