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Friday, 7 February, 2003, 02:35 GMT
BUSINESS
Surprise cut in UK interest rates
The Bank of England cuts interest rates by one quarter of a percentage point, taking borrowing costs to their lowest level since 1955.
Public sector pay rise expected
Teachers, soldiers and civil servants across the UK find out on Friday whether they will receive an expected 3% pay rise.
Lastminute returns to the red
Technology costs and a historically quiet trading period see the iconic e-tailer return to loss, while US-based Expedia sees profits soar.
Abbey National slashes bonuses
The UK's sixth biggest bank cuts payouts on long-term savings policies, with some bonuses scrapped altogether.
SEC tightens rules on analysts
The US stock market watchdog says Wall Street analysts must vouch that the opinions they give in their research are their own.
Retailers accused of 'dubious tactics'
A survey of High Street retailers finds sales staff in fear of the sack willing to exaggerate to sell extended warranties
Stamp price increase approved
Postal regulator Postcomm gives the go-ahead for the price of first and second-class stamps to be raised by one penny.
Future phone networks ready to go
Britain's third-generation mobile phone networks are almost ready to open for business.
Microsoft hits back in mobile row
The software giant rebuffs an allegation that it planned to plunder trade secrets from Britain's Sendo, its former partner in a mobile phone project.
Oil steadies after Powell speech
The US dollar and oil steady after initial gains following Secretary of State Colin Powell's speech to the UN, while gold retreats.
Venezuela pegs currency to US dollar
Venezuela pegs the bolivar at a rate 17% higher than where it last traded, in an effort to protect its foreign cash reserves.
French airline bail-out fails
Passengers are stranded as Air Lib's licence to fly expires and talks to save France's second largest airline collapse.
French claim Airbus victory in India
The French Prime Minister claims Airbus has won the battle with Boeing for a 43 passenger plane order for Indian Airlines. |
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