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Another 1 per cent slashed from interest rates
12:10pm Thursday 4th December 2008
The Bank of England slashed interest rates by another 1% today as policymakers stepped up their battle to stave off a deep recession.
Comments (4)Ford boss offers to work for $1
8:20am Wednesday 3rd December 2008
THE chief executive of Ford has offered to work for $1 a year and sell his corporate jet if the car maker is bailed out by the American taxpayer.
Hospice leads national bid to release Icelandic millions
6:00am Monday 1st December 2008
NAOMI House will today spearhead a group set up to lobby the government to retrieve £40 million frozen in a failed Icelandic bank.
Historic city centre hotel calls in administrators
1:30pm Friday 28th November 2008
ONE of Hampshire’s most historic businesses has become the latest victim of the recession.
Christmas jobs axe facing 45 port workers
10:17am Friday 28th November 2008
Decision on cuts due by December 23
Fears that VAT cut is ‘not enough’
10:05am Tuesday 25th November 2008
NOT ENOUGH. That was the verdict from Hampshire business leaders on what was billed as the most important budget statement in a generation.
Crunch may delay carrier contracts
10:08am Tuesday 25th November 2008
WORK to build two giant aircraft carriers, which are underpinning hundreds of jobs in Hampshire, may be delayed by the credit crunch, it has emerged.
Darling's £20bn boost for ailing economy
4:22pm Monday 24th November 2008
CHANCELLOR Alistair Darling today slashed VAT in a £20 billion cash boost to revive the ailing economy.
City is still open for business
7:30am Sunday 23rd November 2008
The construction industry has ground to a halt, recession is looming and unemployment is on the rise, but city bosses want to relaunch a £1.7bn vision to transform Southampton.
Failed bank fallout update for council
6:10am Friday 21st November 2008
COUNCIL bosses could find out next month how much money can be recovered after putting £1m in a failed bank.
ABP to axe one in ten port workers
10:12am Tuesday 18th November 2008
ANOTHER major Southampton employer is to slash jobs, the Daily Echo can reveal.
Grim prediction on risk of job losses
11:11am Tuesday 18th November 2008
HAMPSHIRE workers will be among those bearing the brunt of the recession, a major new report is warning.
Southampton: A snapshot of a recession
11:43am Monday 17th November 2008
THE potential devastating impact of the economic recession on Southampton is today laid bare by shocking figures uncovered by the Daily Echo.
Credit crunch hits law firms
6:30am Friday 14th November 2008
SOLICITORS are the latest sector of the Hampshire job market to feel the force of the economic slump with firms across the region reporting redundancy plans.
Interest rate cut by 1.5 per cent
12:04pm Thursday 6th November 2008
THE Bank of England has slashed the interest rate by 1.5 per cent.
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