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11/20/2008
Aircraft engine maker Rolls-Royce says it plans to cut up to 2,000 jobs in 2009, including 140 in the UK.

11/20/2008
Asian markets plummet after New York's main share index slumps to its lowest level in five years, amid recession fears.

11/20/2008
Figures out later from the Office for National Statistics are likely to show a continued slowdown on the High Street in October.

11/20/2008
The International Monetary Fund approves a $2.1bn (£1.4bn) loan for Iceland, after its banking system collapsed in October.

11/20/2008
Shareholders of the Royal Bank of Scotland will vote later on Thursday on whether to accept a £20bn government bail-out.

11/19/2008
US politicians are looking for a compromise plan to aid the country's crisis-ridden car industry.

11/19/2008
The Italian government agrees to sell the bankrupt airline Alitalia to a business consortium, paving the way for a relaunch.

11/19/2008
Expectations of another rate cut rise after the release of minutes from the Bank of England meeting which slashed rates to 3%.

11/19/2008
Lloyds TSB shareholders vote in favour of taking over HBOS as well as taking bail-out money from the government.

11/20/2008
Most young people are confident of finding a job despite the economic downturn, a survey finds.

11/18/2008
Taiwan's prime minister announces a cash handout for all residents in a bid to try to stave off economic crisis.

11/20/2008
Some carmakers struggle while others grow

11/19/2008
HBOS: Burt and Mathewson to withdraw

11/18/2008
Long-isolated Syria warms to tourism in Damascus

11/19/2008
The carmakers' problems are spreading

11/18/2008
Martha Lane Fox tells entrepreneurs how to survive

11/18/2008
Why deflation, not inflation, is the new economic danger

11/19/2008
Retailer Marks & Spencer is to hold its first one-day sale in four years in a bid to revive its pre-Christmas trading.

11/19/2008
Property sales rose slightly in October, for the second month in a row, estate agents say.

11/19/2008
US consumer prices dropped by a record 1% in October, sending Wall Street and European markets lower on renewed recession fears.

11/19/2008
The migrant workers taken into care following a human trafficking raid in Lincolnshire were harvesting vegetables for a supplier to Tesco and Waitrose, it has emerged.

11/19/2008
Struggling High Street chain Woolworths confirms that it is in talks about the possible sale of its retail business.

11/19/2008
The number of Premium Bond prizes is being reduced following the recent cut in the Bank rate to 3%.

11/19/2008
The world's largest chemicals firm, BASF, reduces its profit forecast and says it will cut production because of a huge fall in demand.

11/19/2008
Opec members have lost about $700bn (£467bn) because of falling crude prices, the oil cartel's president is quoted as saying.

11/19/2008
South Korean firm Daewoo says it is leasing a vast tract of land in Madagascar, which will produce half of its corn supply by 2023.

11/19/2008
The Lib Dems say the government has been 'supine' with banks and should consider lending directly to business and homeowners.

11/19/2008
Spain is likely to slip into recession in the fourth quarter and stay there into 2009, the Bank of Spain governor says.

11/19/2008
Japan's Mazda Motor spends 17.8bn yen to buy back almost 7% of its shares from troubled US carmaker Ford Motor.

11/19/2008
The head of Japan's leading brokerage, Nomura Holdings, suggests that the global liquidity crisis is over.

11/19/2008
A leading supplier to the construction industry, SIG, says it will shed 900 jobs and close 65 trading sites.

11/18/2008
Official figures show that UK inflation fell from 5.2% to 4.5% in October, as oil prices and transport costs fell.

11/18/2008
A glut of unsold homes has flooded the home rental market, driving down rents at the fastest rate on record, surveyors say.

11/18/2008
Arrears on controversial home loans of up to 125% of the value of a property are driving Northern Rock's repossession rate.

11/18/2008
A mortgage broker who tried to defraud insurance firms of more than £250,000 has been banned by the Financial Services Authority.

11/19/2008
Wall Street plunges more than 5% on Wednesday to its lowest level in over five years on rising economic worries.

11/18/2008
Monetary Policy Committee member Tim Besley says markets should not have been so surprised by the 1.5% rate cut.

11/18/2008
US Treasury Secretary Henry Paulson and Federal Reserve chairman Ben Bernanke defend the $700bn bank bail-out plan.

11/18/2008
US wholesale prices fell by 2.8% in October, the biggest monthly fall for over 60 years.

11/18/2008
The world's biggest PC maker, Hewlett-Packard, has revealed better-than-expected net profit in the fourth quarter.

11/18/2008
Belgium-based brewer InBev closes its $52bn takeover of the US's Anheuser-Busch to create the world's largest brewer.

11/18/2008
Budget carrier Easyjet reports a fall in annual profits, despite carrying more passengers over the year.

09/17/2008
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07/01/2005

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Bank Base

As at 06/11/2008
Rate 3.00%
Src:Bank of Eng

RPI

As at October 2008
Yearly rate 5.00%
Src:National Statistical Office

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