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US sheds most jobs since 1945


US jobs data shows 2.58 million jobs were shed over 2008, the highest number since demobilisation after World War II.

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Newcastle Building Society slashes 150 jobs


Newcastle Building Society is cutting up to 150 jobs in the wake of the housing slowdown and the failure of Icelandic bank Icesave.

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Eidos issues profit warning


Shares in Tomb Raider maker Eidos plunged after the group warned profits would be much lower than forecast for the year.

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Manufacturing output tumbles


Manufacturing output fell sharply by 7.4 per cent in November from last year, the biggest fall since 1981.

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John Lewis sales surge 27.4%


Sales at John Lewis have soared 27.4 per cent over last week as bargain hunters descended on stores across the UK.

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Bovis cuts 200 more jobs


Bovis Homes is axing an extra 200 jobs and scrapping its final dividend as the housebuilder slashes costs amid a sharp fall in demand for new homes.

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JD Sports, Jessops provide retail bright spot


JD Sports and Jessops have provided some cheer for the retail sector with higher sales over the Christmas period.

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FTSE opens higher


The FTSE 100 recovered slightly from last night's weak close, rising eight points to 4,513.32 in early trading.

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Broadband speeds 'half of advertised claims'


The average broadband speeds are 49 per cent lower than the average speeds internet service providers (ISPs) advertise.

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FTSE 100 flat despite rate cut


The FTSE 100 has ended flat following the Bank of England's interest rate decision.

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