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Allstate (ALL)
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Bank voted 9-0 for 1.5% cut in rates

Bank of England rate-setters voted unanimously to slash interest rates to a 53-year low two weeks ago, it was revealed today.

BoA's Levy Urges Fed To Take Quantitative Easing Steps
BoA's Levy Urges Fed To Take Quantitative Easing Steps
Protest ahead of HBOS takeover vote

Unions staged a protest today as Lloyds TSB shareholders prepared to vote on the proposed takeover of ailing rival HBOS.

Sharp fall in inflation as food and petrol prices dive

The rate of inflation in Britain fell further than expected in October as the sharp drop in the price of petrol and food helped push the consumer prices index back towards its target level.

Broke, not dim
Some carmakers struggle while others grow
Syrian business
Long-isolated Syria warms to tourism in Damascus
US shares plunge to five-year low
Wall Street plunges more than 5% on Wednesday to its lowest level in over five years on rising economic worries.
China fears grow over job losses
Beijing says its employment outlook is "grim", amid concerns of increasing social unrest caused by economic problems.
Pound sinks to record low against the euro

In July,£1 would still buy $2; lower than its recent record of $2.11 set last November, but healthy enough for shopping trips to New York to make sense. Yesterday, sterling was trading at about $1.48, a six-year low. Macy's and Sachs of Fifth Avenue may soon notice a sharp decline in the number of British accents at the tills.

Comet's credit insurance cut back as crisis spreads

The UK electricals chain Comet has become the latest big retailer to have its credit insurance scaled back, as the consumer recession and financial crisis gripping the retail sector spreads.

Building supplies firm Wolseley to shed 2,000 jobs

Plumbing and building supplies firm Wolseley today announced plans to cut 2,000 jobs and close more than 200 branches in the UK and Ireland.

Fed's Lacker: Uncomfortable With Fed Liquidity Moves
Fed's Lacker: Uncomfortable With Fed Liquidity Moves
Market update - 14 November

The FTSE 100 was up 158.12 points at 4327.33 while the FTSE 250 climbed to 6315.66, up 158.81, at 12.22pm.

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