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Today's News

Fear grips world stock markets - Global stocks have fallen sharply on one of the worst days of trading in 30 years.

Rhys accused 'admits shooting' - The Rhys Jones murder trial jury has been told the alleged killer was heard saying he had shot someone.

Buy-to-lets worst hit - Buy-to-let flats in city centre regeneration areas have been the worst hit by the slump in house prices.

Impact of the downturn - There are fears that tumbling share prices could have a disastrous impact beyond the stock markets and spread throughout the economy.

UK seeks return of Iceland cash - A delegation of Treasury officials has arrived in Iceland to seek assurances that UK depositors will not lose money as a result of its banking crisis.

MoD admits data disk loss - The MoD is investigating the loss of a computer hard drive which may hold details of armed forces' members.

Interest cut may not help mortgages - The cut in interest rates announced by Gordon Brown may not be passed on to home owners.