HSBC confirms 500 UK jobs to go
Banking group HSBC confirms it is cutting 500 jobs across the UK, following a review of the business and the current economic conditions.
Big-ticket items see cut in VAT
Shoppers are likely to get the benefit of lower VAT rates when buying big-ticket items, BBC research suggests.
US recession 'began last year'
The US recession began in December 2007, according to the National Bureau of Economic Research.
RBS offers to delay repossessions
The Royal Bank of Scotland will allow defaulting customers six months' grace before taking any legal action against them.
Crisis fears hit European shares
European shares fall amid increasing concerns over the state of the world's economy, mirroring a similar decline on Wall Street.
Bank forced into administration
London Scottish Bank goes into administration after the Financial Services Authority steps in to guarantee all retail deposits.
Third of jobs go at Aston Martin
Luxury car maker Aston Martin announces that 600 full-time and temporary jobs are to go.
Mortgage approvals still falling
Mortgage approvals drop again in October, official figures show, suggesting that house sales and prices have further to fall.
Ryanair in new Aer Lingus offer
The budget airline Ryanair makes a fresh 748m euro ($950m; £619m) takeover offer for the Irish flag-carrier Aer Lingus.
Premium Bond holders see number of prizes slashed
Interest rate cuts by the Bank of England have led to a rapid decline in the number of Premium Bond prizes awarded.
