News from the BBC

Interest rates hit all-time low

The Bank of England cuts rates to 1.5%, the lowest level in its 315-year history, as it continues efforts to help the economy.

Rockets hit Israel from Lebanon

Rockets are fired from Lebanon into northern Israel raising fears that the current conflict in Gaza could spill over.

SFO opens UK Madoff investigation

The Serious Fraud Office says it is to open an inquiry into US broker Bernard Madoff's business operations in the UK.

England rugby star's driving ban

The England and Gloucester rugby player Mike Tindall is banned from driving for three years after admitting being over the drink-drive limit.

Cabinet in Liverpool for meeting

The entire cabinet is in Liverpool for its third meeting outside London as Gordon Brown continues his regional tour.