Interest rates cut to one per cent
The Bank of England took interest rates to a record low as it cut the cost of borrowing to just 1 per cent. The decision of the Monetary Policy Committee, announced at noon, takes the cost of borrowing into territory uncharted by the Bank of England in its 314-year... [continued]
Bankrupt Britain: how it could happen 
Chaos continues as more snow falls
Britain's bad weather woes continued as more snow fell across parts of the country closing schools and causing more travel chaos, as supplies of gritting salt began to run low. The worst-affected areas this time were the Midlands and South West England where six inches fell in some places,... [continued]
In pictures: London under snow
US torture claims suppressed
The diplomatic row over the alleged torture of an inmate at Guantanamo Bay detention centre is threatening to sour relations between Britain and the US. The US had threatened to withold intelligence from the British govenment if it revealed what it knew about the treatment of a detainee at... [continued]
The Obama White House: all the latest on the president's first days in office
Alexander Cockburn: same old tune on economy but bold moves on Israel
Alexander Cockburn: thank you George Bush for sabotaging the American Empire
Workers to vote on refinery deal
A week of strikes at the Lindsey oil refinery over the ue of foreign labour is set to end after unions and employers thrashed out a deal that will see more than 100 jobs offered to British workers in the area. Workers at Lindsey will vote on the proposals today.... [continued]
Daniel Hannan: labour mobility in the EU is a myth
Protectionism is certain to engulf the global economy
How developing countries can save the bankrupt West
Obama puts cap on Wall St salaries
US president Barack Obama has placed a salary cap on Wall Street executives who work for banks that have received rescue funds from Washington. He announced that bosses would be subject to a $500,000 pay limit and also pledged to cut down on the "customary lavish bonuses". In... [continued]
The great economic unwinding turns from tragedy to farce
Kyrgyzstan under cyber attack
The former-Soviet state of Kyrgyzstan has come under attack hackers, who have brought down almost 80 per cent of its internet traffic, as it considers shutting down a US military base and accepting $2bn in aid from Russia to help shore up its economy. From mid January until the... [continued]
Cyber attack casts new light on Georgia invasion
West lags behind in the cyberwar
Google launches ‘tracking’ device
Search engine Google launches a new application today that allows people to monitor each others whereabouts using their mobile phones - but the deal has angered privacy campaigners. The feature, called "Latitude", uses digital maps to show exactly where friends and family are, sometimes pinpointing their location to a... [continued]
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