Madoff investigation launched in UK

3:00pm Thursday 8th January 2009

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

Car giant Nissan to axe 1,200 jobs

3:00pm Thursday 8th January 2009

Car giant Nissan is to axe 1,200 jobs in the wake of the economic slowdown which has hit the motor industry hard and led to sales slumping, the car giant has announced.

Interest rate cut to historic 1.5%

3:00pm Thursday 8th January 2009

The Bank of England has made history by slashing interest rates to an all-time low of 1.5%.

Mechanical theory in 'UFO mystery'

3:00pm Thursday 8th January 2009

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

Troubled Zavvi closes 22 stores

3:00pm Thursday 8th January 2009

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

Gaza 'ceasefire' to allow aid in

3:00pm Thursday 8th January 2009

Israel has said it will halt its military action in Gaza for three hours to allow Gaza residents to stock up on supplies.

Brown pledge to get banks lending

3:00pm Thursday 8th January 2009

Gordon Brown has promised further measures in the weeks ahead to get banks lending again, warning that a "vital" function was currently lost to the country.

Man Utd's Ronaldo crashes Ferrari

3:00pm Thursday 8th January 2009

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

Sainsbury's best-ever Christmas

3:00pm Thursday 8th January 2009

Supermarket Sainsbury's has boasted its best-ever Christmas as it threw down the gauntlet to rivals.

New problem renews rail nightmare

3:00pm 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.