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Marks and Spencer cuts 1,000 jobs

Marks and Spencer will announce on Wednesday that it is cutting 1,000 jobs from its workforce of 70,000, the BBC confirms. Read more.

German billionaire kills himself

German billionaire Adolf Merckle commits suicide after his business empire runs into trouble in the global economic slowdown. Read more.

House prices 'fell 15.9% in 2008'

House prices fell by 15.9% last year, according to the latest survey by the Nationwide building society. Read more.

Full coverage of the UK economy, and tips on surviving the crisis

Tips on surviving the financial crisis, and full coverage of the UK economy Read more.

Sales fall at Next and Debenhams

Next and Debenhams see sales fall over the Christmas period, as a survey puts UK consumer confidence at a new low. Read more.

Euro weakens on rate cut evidence

The euro weakens against the pound and the US dollar as data suggests that a eurozone interest rate cut next week is likely. Read more.

UK short-selling ban to be lifted

A ban on the short-selling of financial shares is to be lifted, the UK's financial regulator confirms. Read more.

Final Woolworths stores shut down

The remaining 200 Woolworths stores across the UK close their doors after the High Street chain's final day of trading. Read more.

European gas supplies disrupted

Several EU countries report major disruption to their gas supplies from Russia as Moscow accuses Ukraine of shutting pipelines. Read more.

Aer Lingus cool on Ryanair offer

Shareholders in Irish flag carrier Aer Lingus show little appetite for a Ryanair takeover. Read more.

Madoff's million-dollar mailings prompt court outrage

US prosecutors call for Bernard Madoff to be put in prison until his trial after it emerges he sent jewellery and watches to friends and family. Read more.

Seaside mission

Grand but faded, Blackpool strives to revive its fortunes Read more.

Vintage vinyl

The 7 inch single is still making music after 60 years Read more.

Long goodbye

Woolworths staff feel the pain of closure Read more.

Pressure rising

Russia ups ante in bitter gas dispute with Ukraine Read more.

Robert Peston

UK retailers are facing a sterling challenge Read more.

Cracking up

How Waterford Wedgwood ran out of steam Read more.

Toyota shuts plants for 11 days

Toyota announces that it is to halt production at its domestic plants for 11 days in February and March. Read more.

Porsche takes majority VW stake

German luxury carmaker Porsche announces that it now holds more than 50% of Volkswagen's shares. Read more.

Venezuela suspends US fuel aid

Venezuela's US-based oil subsidiary is halting a programme to provide cheap heating oil to low-income communities in the US. Read more.

Euro inflation hits two-year low

Inflation in the eurozone falls more than expected to 1.6% in December, which is the lowest level for 26 months. Read more.

Congress launches Madoff inquiry

The US Congress begins an inquiry into a suspected $50bn (£32bn) fraud allegedly run by the American hedge fund manager, Bernard Madoff. Read more.

Obama says US economy 'sick'

US President-elect Barack Obama says that America's economy is very sick and that the situation is worsening. Read more.

Areva wins Niger uranium licence

French nuclear energy group Areva is awarded a licence to build and operate a uranium mine in Niger. Read more.

India truck strike over fuel cost

Millions of trucks in India are off the roads in an indefinite strike, with operators demanding a lowering of diesel prices. Read more.

US car sales in steep drop

US carmakers report sharp falls in their sales in December as the economic slowdown drives customers away from showrooms. Read more.

French TV ditches prime-time ads

State-run French TV stations stop showing ads in prime time as part of President Sarkozy's plans to reform public broadcasting. Read more.

Wedgwood in administration

A number of firms owned by Waterford Wedgwood enter administration, as the parent firm appoints a receiver. Read more.

Caterpillar stops for four weeks

Construction industry firm Caterpillar will stop production in Leicestershire for four weeks due to a drop in orders. Read more.

Gas price cuts 'likely in spring'

Scottish Power raises hopes that energy bills will fall after it cut prices - with rivals expected to follow suit. Read more.

Cameron in savings tax pledge

David Cameron proposes to axe tax on basic rate taxpayers' savings and to increase pensioners' tax free allowances. Read more.

Mortgage rationing gets tougher

Mortgage lenders are continuing to demand larger deposits as they ration home loans to their customers. Read more.

State mortgage help widened

The government extends state help for people struggling to make mortgage payments after losing their jobs. Read more.

Holidays affected by weak pound

The weak pound is likely to affect the choice of 2009 holiday destination according to travel agents and tour operators' body. Read more.

Nationwide ends tracker rate cuts

The Nationwide says it will not pass on any further cuts in UK interest rates to most of its tracker mortgage customers Read more.

Thatcher pays tribute to Walters

Lady Thatcher leads tributes to her "fearless" economics adviser Sir Alan Walters, who has died aged 82. Read more.

Firms urged 'try to keep staff'

Redundancies should be a last resort when firms look to cut costs during the recession, the CIPD says. Read more.

Government mulls help for banks

The government says it is exploring how to getting UK banks to increase lending to businesses and households. Read more.

Oil price rises on Gaza conflict

Oil rises briefly above $48 a barrel on fears of heightened Middle East tension after Israel's offensive in the Gaza Strip. Read more.

Adams shuts down 111 shops

Adams Childrenswear closes 111 of its 271 stores in the UK, five days after calling in the administrators. Read more.

Apple's Jobs admits poor health

Steve Jobs, head of Apple, has disclosed in a statement that he is being treated for a hormone imbalance. Read more.

Japanese car sales plunge 22%

Vehicle sales in Japan fell 22% in December compared with the same month in 2007, making it the worst December on record. Read more.

Robert Peston's blog: Keep up-to-date with the latest business analysis

For the latest business analysis Read more.

Guidelines for financial journalists

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