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08 Jan 2009 12:00PM - Bridgid Nzekwu
The Bank of England cuts interest rates by 0.5 per cent to 1.5 per cent, the lowest rate since the bank was founded in 1694.
The expected interest rate cut, broadband speeds and a UFO claim dominate the morning meeting.
Marks & Spencer is to close 25 Simply Food shops and two chain stores. Bridget Nzekwu reports.
Gazprom's Alexander Medvedev tells Faisal Islam that the energy giant has never created problems for its partners.
After the collapse of the US sub-prime mortgage market, the global economy is in the throes of a credit crunch.
4Money - Channel 4's personal finance website.
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