UK interest rates lowest since 1951
Interest rates were slashed by another percentage point, bringing the official cost of borrowing down to 2 per cent, equal to the lowest rate since the Bank of England was founded in 1694
Brown throws homeowners mortgage lifeline
Homeowners facing the threat of repossession were offered a government lifeline in the form of a £1bn scheme that will allow mortgage interest payments to be deferred for up to two years