A lot has happened again in the economic world this week including :

Today the administrators that have taken over Woolworths said that all stores will close by January 5th.

Unemployment has risen to 1.86 million.

The pound hit a low of 1.0796 euros.

Opec is making an output cut of 2.2million barrels per day.

Yesterday the US interest rates to between 0 and 0.25%.

National express is to cut 750 jobs

But on the positive side inflation has fallen to 4.1% !!!