Efforts aimed at stopping thousands of people losing their homes will have limited effect, a think tank says.
Redundancies among UK firms look set to grow as the UK labour market picture deteriorates, the CIPD says.
Scammers targeting people who want to work from home are using the downturn to cash in, the Office of Fair Trading says.
Scottish and Southern Energy says it will cut prices for electricity and gas customers from 30 March.
The number of firms going bust in England and Wales rises by 220% because of the recession, official figures show.
House prices were 1.9% higher in January than December, but the Halifax warns the overall downward trend continues.
The Bank of England reduces interest rates to 1% from 1.5% in an attempt to boost the slowing economy.
Some mortgage lenders have responded to the Bank of England’s interest rate cut and reduced borrowing costs.