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Bristol Business NewsDefaults on loans have risen and are expected to increase in the coming months, a Bank of England survey finds.
Welfare costs to strain India's budget
The number of jobs lost in the US last month came in at 467,000, which is much more than had been expected.
British Airways says it is to reduce capital spending by 20% as it faces falling passenger numbers.
Governor Arnold Schwarzenegger declares a fiscal emergency in California to deal with a $24.3bn (£14.5bn) deficit.
The UK construction sector is expected to shrink by 16% in 2009, according to an industry body.
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