Banks face pressure on rate cut.....
MPs pressure banks to pass on 1% cut in interest rates to customers as HBOS offers only 0.25%.
Pound hits new low against euro.....
The British pound hits a historic low against the euro after the Bank of England cut interest rates to 2%.
New car sales fall by one-third.....
Sales of new cars in the UK fell at the fastest rate in 28 years in November, figures from the industry show.
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
US carmakers' plea under scrutiny.....
Bosses from America's big three car companies face a second day of grilling in Congress over their request for a $34bn bailout.
Apprenticeship goal is threatened.....
The government's flagship apprenticeship bill is threatened by the economic downturn, two parliamentary reports say.
|