Business

Bank plans lowest ever interest rate THE Bank of England is tipped to slash interest rates by at least another 0.5% this week as the Government comes under renewed pressure to ensure cuts are passed on to cash-strapped businesses and households.

Retail giants to reveal misery of next 12 months THE severity of the crisis facing retailers in 2009 will become clearer this week when some of the UK's biggest stores issue their latest figures.

Fine wine investors find losses hard to swallow after prices plummet FINE wine prices have plummeted by up to 40% as the economic downturn and the fall in the value of the pound has spooked investors into offloading their stock.

Car industry braced for worst year since 1997 EUROPEAN car manufacturers are heading towards their worst year since 1997, experts are warning.

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