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World Headline, Health Business and Technology Update from BBC News
Marks and Spencer cuts 1,000 jobsMarks and Spencer will announce on Wednesday that it is cutting 1,000 jobs from its workforce of 70,000, the BBC confirms.Sales fall at Next and DebenhamsNext and Debenhams see sales fall over the Christmas period, as a survey puts UK consumer confidence at a new low.House prices 'fell 15.9% in 2008'House prices fell by 15.9% last year, according to the latest survey by the Nationwide building society.Full coverage of the UK economy, and tips on surviving the crisisTips on surviving the financial crisis, and full coverage of the UK economyEuro weakens on rate cut evidenceThe euro weakens against the pound and the US dollar as data suggests that a eurozone interest rate cut next week is likely.
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