A lot has happened again in the economic world this week including :
· Today the administrators that have taken over Woolworths said that all stores will close by January 5th.
· Unemployment has risen to 1.86 million.
· The pound hit a low of 1.0796 euros.
· Opec is making an output cut of 2.2million barrels per day.
· Yesterday the US interest rates to between 0 and 0.25%.
· National express is to cut 750 jobs
But on the positive side inflation has fallen to 4.1% !!!
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