ScottishPower becomes the last of the big six energy suppliers to cut its tariffs, knocking an average 5% off gas bills.

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ScottishPower cuts gas prices 5%

Energy company E.On says it is to cut its standard electricity prices by 6% from Monday 27 February.

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E.On cuts electricity price by 6%

One of the UK’s largest energy suppliers, EDF Energy, has said it is to cut its gas bills by 5% in February after raising prices by 15% in November.

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EDF Energy to cut gas price by 5%

The central bank for the euro area cut its main interest rate for the second month in a row and will radically expand the emergency funding it provides to cash-starved banks.

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European Central Bank Moves to Head Off Credit Crunch

Japan office equipment maker Ricoh says it plans to cut its global workforce by about 10,000 people to cut costs.

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Japan’s Ricoh to cut 10,000 jobs

Michigan moved to cut its unemployment program, becoming the first of what could be a flurry of states to reduce benefits despite troubling jobless rates.

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Michigan first to act as states weigh reductions in unemployment benefits

Chocolate firm Cadbury’s new owner Kraft Foods says it will move part of the business to Zurich in a move likely to cut its UK tax bill.

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Key Cadbury jobs moved to Zurich

The Irish government is to hold a cabinet meeting this weekend to finalise its four-year-plan to cut its budget deficit, the BBC learns.

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Irish cabinet to meet on deficit

Computer chipmaker Intel cut its profit forecast after warning that sales of computers were weaker than expected.

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Intel warning over weaker sales