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This is Money
The measures under consideration include direct purchases of assets, such as government debt or commercial investments, by the Bank or the Treasury, as well as expanding the Bank's balance sheet, a means of pumping extra cash into the banking sector.
Bank of England mulls "nuclear option" of cash injection
Britains banks face being forced to buy hundreds of billions of pounds in government bonds under proposed rules designed to make them less vulnerable to market shocks.
UK banks to be required to buy bonds
The European Central Bank has slashed interest rates by three-quarters of a point to 2.5pc in the boldest move since the launch of monetary union and hinted at revolutionary action to head off a severe slump next year as the economic crisis ravages the car, steel, and machine tool industries
ECB cuts to 2.5pc and mulls "printing money"
The price of oil could tumble below $25 a barrel in 2009 if the recession that is gripping Western nations spreads to China, according to Merrill Lynch.The price of oil could tumble below $25 a barrel in 2009 if the recession that is gripping Western nations spreads to China, according to Merrill Lynch.
Oil may fall below $25, says Merill Lynch
The fate of the Big Three car manufacturers hung in the balance on Thursday night after US politicians appeared divided about the need for a $34bn (23bn) lifeline bail-out package, as fears were raised it could balloon to as much as $125bn.
Big Three future hangs in balance
Woolworths will raise the stakes on Britain's high street today with the launch of its largest sale - including 50% off toys and greetings cards - as the frantic search for a buyer for the retailer continues.
Woolworths cuts deepest on high street