Business headlines
BANK HINTS AT FURTHER RATE CUTS
Expectations of another rate cut rise after the release of minutes from the Bank of England meeting which slashed rates to 3%.
LLOYDS TSB APPROVES HBOS TAKEOVER
Lloyds TSB shareholders vote in favour of taking over HBOS as well as taking bail-out money from the government.
M&S RESORTS TO ONE-DAY SALE MOVE
Retailer Marks & Spencer is to hold its first one-day sale in four years in a bid to revive its pre-Christmas trading.
HOUSE SALES RISE AS PRICES FALL
Property sales rose slightly in October, for the second month in a row, estate agents say.
US CONSUMER PRICES IN RECORD FALL
US consumer prices dropped by a record 1% in October as fuel costs kept falling for a third month in a row.
WOOLWORTHS IN STORES SALE TALKS
Struggling High Street chain Woolworths confirms that it is in talks about the possible sale of its retail business.
PREMIUM BOND PRIZE FUND TO BE CUT
The number of Premium Bond prizes is being reduced following the recent cut in the Bank rate to 3%.
FALLING DEMAND HITS BASF PROFIT
The world's largest chemicals firm, BASF, reduces its profit forecast and says it will cut production because of a huge fall in demand.
OPEC 'LOST $700BN ON CHEAPER OIL'
Opec members have lost about $700bn (£467bn) because of falling crude prices, the oil cartel's president is quoted as saying.
CANCEL THAT FERRARI ORDER! TOP BANKS AXE BONUSES FOR THEIR EXECUTIVES
UBS and Goldman Sachs will not pay bonuses to their top executives in 2008, the banking giants reveal.
