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Bank cuts interest rates to 1.5%
The Bank of England has cut interest rates to 1.5%, the lowest in its 300-year history.
Sainsbury's sales up 4.5%
Sainsbury's says it has had its "best ever Christmas performance", with sales rising 4.5% in the past three months.
Changing face of High Street
Whitley Bay's Marks and Spencer is one of those which will close, while its Woolworths and several local retailers have gone.