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Marks and Spencer cuts 1,000 jobs
Marks and Spencer will announce on Wednesday that it is cutting 1,000 jobs from its workforce of 70,000, the BBC confirms.
| Sales fall at Next and Debenhams
Next and Debenhams see sales fall over the Christmas period, as a survey puts UK consumer confidence at a new low.
| House prices 'fell 15.9% in 2008'
House prices fell by 15.9% last year, according to the latest survey by the Nationwide building society.
| Full coverage of the UK economy, and tips on surviving the crisis
Tips on surviving the financial crisis, and full coverage of the UK economy
| Euro weakens on rate cut evidence
The euro weakens against the pound and the US dollar as data suggests that a eurozone interest rate cut next week is likely.
| UK short-selling ban to be lifted
A ban on the short-selling of financial shares is to be lifted, the UK's financial regulator confirms.
| Final Woolworths stores to close
The final closure of the remaining 200 Woolworths stores is due to take place, the retailer's administrator says.
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