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Troubled Zavvi closes 22 stores

Administrators for music retailer Zavvi are closing 22 stores with the loss of 178 jobs

5:47pm Thursday 8th January 2009

Almost 180 staff at troubled music retailer Zavvi have lost their jobs after administrators closed 22 stores.

Mechanical theory in 'UFO mystery'

The wrecked wind turbine on farm land at Conisholme, Lincolnshire

5:47pm Thursday 8th January 2009

The mysterious severance of a wind turbine blade may have been caused by a mechanical failure, an expert said.

Madoff investigation launched in UK

Bernard Madoff, chairman of Madoff Investment Securities

5:47pm Thursday 8th January 2009

An investigation has been launched into the British activities of alleged multi-billion-pound fraudster Bernard Madoff.

Campaigners step up Gaza protests

An Israeli tank advances along the Israel-Gaza border

5:47pm Thursday 8th January 2009

British campaigners stepped up protests against the Gaza conflict amid growing concerns about the impact of the fighting on civilians.

£53m robbery trial jury discharged

More young offenders are being jailed than experts recommend, figures show

5:47pm Thursday 8th January 2009

A jury trying a cage fighter alleged to have been "at the heart" of Britain's biggest cash robbery was discharged after failing to reach a verdict.

New problem renews rail nightmare

Power failures have once again hit rail services

5:47pm Thursday 8th January 2009

The nightmare is continuing for travellers on a key London to Scotland rail route after yet another overhead power problem led to delays.

Man Utd's Ronaldo crashes Ferrari

A crashed Ferrari car allegedly driven by Cristiano Ronaldo near Manchester Airport

5:47pm Thursday 8th January 2009

Manchester United footballer Cristiano Ronaldo walked away uninjured after writing off his Ferrari sports car in a crash.

Brown pledge to get banks lending

Gordon Brown has urged banks to start lending more freely

5:47pm Thursday 8th January 2009

Gordon Brown and Alistair Darling pledged fresh measures to bolster the economy as the grim toll of job losses continued to mount.

Car giant Nissan to axe 1,200 jobs

Car giant Nissan is to axe 1,200 jobs

5:47pm Thursday 8th January 2009

Car giant Nissan sent shockwaves through British industry by axing 1,200 jobs at the country's biggest and most productive motor plant, worsening the economic gloom and heightening fears that the looming recession will cut deep into employment.

Interest rate cut to historic 1.5%

The Bank of England has cut interest rates to an historic low of 1.5 per cent

5:47pm Thursday 8th January 2009

Interest rates were slashed to their lowest level ever as the Bank of England threw another lifeline to the UK's ailing economy.


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