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.

Israel accused over Gaza wounded

The Red Cross accuses Israel of failing to help wounded civilians in Gaza, after finding children clinging to their mothers' corpses.

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.

US to lead new anti-pirate force

The US will lead a new international force to combat piracy off the coast of Somalia, the US navy says.

Chancellor rules out printing money

Chancellor Alistair Darling denies he is planning to "print money" in order to boost the UK economy.