Business

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Business News

Carnage on the high street as retailers feel the chill

The Pier and Envy chains collapse into administration

Inside Business News

530 jobs to go at rail freight company

Friday, 5 December 2008

Rail freight company EWS is to axe 530 jobs, rail union TSSA was told today.

Woolworths to hold 'biggest ever' sale

Friday, 5 December 2008

Woolworths will hold its "biggest ever" sale today as administrators remain in talks with potential buyers of the troubled retailer.

House prices tumble 1980s-style

Friday, 5 December 2008

November's fall in value is the biggest drop since 1992

Car sales accelerate off a cliff

Friday, 5 December 2008

Traders report sharpest slump in sales for 28 years

Rolls and Balfour team up with Areva to generate 15,000 nuclear jobs in UK

Friday, 5 December 2008

Rolls-Royce and Balfour Beatty have signed up with Areva, the French nuclear reactor maker, to create an industry bloc ready to exploit the opportunities of the UK's nuclear renaissance.

Morrisons' sales jump as it wins over shoppers from larger rivals

Friday, 5 December 2008

Morrisons, Britain's fourth-largest supermarket chain, trounced its rivals yesterday as it reported booming sales and claimed it was winning over bargain-hunting shoppers from rival stores such as Tesco.

Nomura and Credit Suisse to lay off 1,650 staff in London

Friday, 5 December 2008

Swiss-based Credit Suisse says it will cut 5,300 jobs

Rudd named as the next chairman of Invensys

Friday, 5 December 2008

The City grandee Sir Nigel Rudd is to add the chairmanship of Invensys to a curriculum vitae that already includes board positions at two other FTSE 100 companies.

Innocent people could have DNA records removed

Thursday, 4 December 2008

Nearly a million innocent people could have records removed from the national DNA database after a human rights ruling.

Another 1% slashed from interest rates

Thursday, 4 December 2008

The Bank of England slashed interest rates by another 1 per cent today as policymakers stepped up their battle to stave off a deep recession.

More business news:

Columnist Comments

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Andreas Whittam Smith: This recession will run and run

The Banks remain terrified, albeit that they set the thing off in the first place

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