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Bank cuts UK rates to 57-year low
The Bank of England has cut interest rates by one percentage point from 3% to 2%, their lowest level since 1951.
Pound hits new low against euro
The British pound hits a historic low against the euro after the Bank of England cut interest rates to 2%.
New car sales fall by one-third
Sales of new cars in the UK fell at the fastest rate in 28 years in November, figures from the industry show.
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
US carmarker plea under scrutiny
Bosses from America's big three car companies face a second day of grilling in Congress over their request for a $34bn bailout.