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Ordinary savers count cost as banks cut interest on accounts (Times Online)

More than a third of deposit accounts aimed at ordinary savers pay returns of 1 per cent or less, after banks and building societies cut savings rates over the new year.

(AFX UK Focus) 2009-01-05 19:40 FACTBOX-Details of possible US economic stimulus bill (Interactive Investor)

Jan 5 (Reuters) - President-elect Barack Obama and leaders in the U.S. Congress are trying to craft legislation that they hope will stimulate the U.S. economy, which has been in a recession for more than a year. Their recipe is a combination of emergency spending by the federal government and tax cuts to create or save 3 million jobs and put more money in people's pockets to spend on consumer ...

Equity markets look to accent the positive and extend rally (The Herald)

Global stock markets extended a post-Christmas rally yesterday despite more bad US economic news and a growing energy dispute between Russia and Ukraine which lifted oil prices in London above $50 a barrel.

Business year in review: A-Z of 2008 (Guardian Unlimited)

A is for Alistair Darling The chancellor was thrust into the spotlight as the financial crisis escalated this year. In the summer, just before a second wave of banking turmoil that rocked the markets, Darling gave an explosive interview to the Guardian saying that Britain faced "the worst economic times in 60 years". In November's pre-budget report he announced a package of tax cuts ...

US sales decline by 36 per cent in December to round off tough 2008 6th January 2009 (Platinum today)

Auto sales in the US slumped by a massive 36 per cent year-on-year during December, bringing the curtain down on a depressing year for the industry in the country, it was confirmed today (6th January).