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The website thisismoney.co.uk is reporting that 38% of small business owners do not expect their operations to survive the next twelve months, while even more are planning to make redundancies.

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The Catholic primate of England, Cardinal Cormac Murphy O’Connor, has warned against just blaming the government for a spread of morality. His comments come after five Anglican bishops questioned the morality of the government’s policies on spending.

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The 250-year-old maker of glassware and fine china, Waterford Wedgewood, has gone into receivership, with up to 1900 UK jobs being put at risk.

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