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We'll beat storm, say Debenhams & Next
Two of Britain's biggest High Street names today revealed just how rocky Christmas has been, with sales slumping as the recession bit hard Next store

Stock market report: Tuesday latest
11.30:Shares traded within a narrow band as stock market investors began disseminating the first of the Christmas trading updates from struggling retailers London Stock exchange

Yesterday's Trading: Balfour bound for blue chips
Having missed out on promotion to the Footsie in December, Balfour Beatty must fancy its chances to join the elite group in March Construction company Balfour Beatty

Marks & Spencer 'to axe 1,000 jobs'
Marks & Spencer plans to cut more than 1,000 jobs following its worst Christmas trading performance for 80 years, it has emerged Marks and Spencers  store

Banks under threat after short-selling ban lifted
Halifax Bank of Scotland came under fresh attack after the City watchdog signalled the ban on short selling financial shares would lapse next week Bank branches on a High Street

Aston Martin backer seeks to sell stake
Aston Martin's main Arab investor is in talks talks to sell 10% of its stake to a mystery Saudi investor Aston Martin

Viyella's future hangs in the balance
The future of women's clothing retailer Viyella hung in the balance last night

MWB says its hotels have staying power
The provincial luxury and boutique hotels group behind the Malmaison and Hotel du Vin brands is trading well, listed company MWB Group said today Malmaison Newcastle

Top bosses lost £400m in market collapse
Britain's top bosses lost over £400m between them following last year's record plunge on the stock exchange, according to research Andy Hornby

Waterford Wedgwood collapses under debts
Waterford Wedgwood has called in the administrators, leaving hundreds of jobs under threat at their pottery and crystal factories Tony O'Reilly, Waterford Wedgwood

Firms will lose '£5bn on 300,000 lay-offs'
Companies could be clobbered by redundancy costs approaching £5bn in the first three months of 2009 Dole queue at the JobCentre

A record slump for building industry
Britain's construction industry rounded off 2008 with a record slump in business Builder on a building site

Sterling claws back ground from the euro
Foreign exchange traders were today putting their money behind sterling in the first signs of a fight back for the beleaguered British currency One Euro coin and a one pound

High Street gets a lift from upbeat Liberty
Liberty is defying the carnage in the retail sector and offering hope that the High Street could enjoy a better start to the new year than expected Carnaby Street

Obama's spending bonanza lifts dollar
Investors today welcomed Barack Obama's plans for a multi-billion-dollar stimulus package to revive the US economy Barack Obama

This time fat cats will face revolt in their own ranks
Shareholders should make a point of examining annual reports. Those with high blood pressure should consult a doctor before turning to the page on remuneration

Wrongs and rights of a downturn
People tend to think that no one raises money on the stock market in an economic downturn and when share prices are low

Second time lucky for City
Our banks are firmly set on a course that is choking the life out of the economy RBS branch

Maxwell echo that should have alerted Madoff's fans
In the post mortem to the Madoff affair all are agreed: his choice of auditors should have flashed a giant warning signal

Midas share tips: reformed Severn offers a rich yield
Financial Mail's ace stock picker looks back on 2008 and finds the leading pick throughout the turmoil has been a lender

Mandarins take charge
During the good years, honours for the titans of the City were a foregone conclusion. But they are no more