UK Business News

04 December, 2008 00:18

Bank expected to cut rates again

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

03 December, 2008 21:18

Brown unveils mortgage help plan

Many people made redundant will be able to defer part of their mortgage payments for up to two years, Gordon Brown says.

03 December, 2008 15:25

Repossessions 'to reach 75,000'

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

03 December, 2008 16:30

'Strong interest' in Woolworths

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

03 December, 2008 23:56

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.

03 December, 2008 15:06

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.

03 December, 2008 13:05

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.

03 December, 2008 21:18

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.

News reports courtesy of BBC News.

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