News from the BBC

VAT cut mooted for recovery plan

A VAT cut could form the centrepiece of the pre-Budget report on Monday, according to widespread speculation.

RBS lending pledge to small firms

Britain's second biggest bank is to guarantee overdraft rates and contracts for its business customers for at least a year.

Arctic winds bring snow across UK

Snow is falling across much of the country, with drivers warned to beware of black ice on the roads.

Football clubs owe tax millions

Football clubs that have gone into administration owe £28m in tax, because league rules allow them to pay player salaries first.

Vatican 'forgives' John Lennon

A Vatican newspaper has forgiven the late former Beatle, John Lennon, for saying the band were more popular than Jesus.