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World Headline, Health Business and Technology Update from BBC News Bank cuts UK rates to 57-year low The Bank of England has cut interest rates by one percentage point from 3% to 2%, their lowest level since 1951. Pound hits new low against euro The British pound hits a historic low against the euro after the Bank of England cut interest rates to 2%. New car sales fall by one-third Sales of new cars in the UK fell at the fastest rate in 28 years in November, figures from the industry show. Full coverage of the UK economy, and tips on surviving the crisis Tips on surviving the financial crisis, and full coverage of the UK economy Apprenticeship goal is threatened The government's flagship apprenticeship bill is threatened by the economic downturn, two parliamentary reports say.

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