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UK economy shrinks by 0.2%

We're not out of the woods yet. This morning's GDP figures from the ONS confirm that GDP contracted in the closing three months of last year.

Sony: All Chewed Up

The once-mighty Japanese giant has been struggling ever since connectivity became king in consumer electronics over a decade ago. Last year's tsunami didn't help either and now time is running out for charismatic boss Sir Howard Stringer.

Comet burns out: Sold for just £2

Parent company Kesa dumps the electrical retailer as Comet's sales plummet faster than a speeding asteroid. The chain has been snapped up by investment firm OpCapita for just £2.

Stat of the day: £6bn

The amount that the 'pink pound' contributes every year to the UK economy. Are you targeting the gay market yet?

Game losses double

Sales crash, but the games retailer is hoping to win an extra life at Christmas...

Argos slumps again - but Halfords provides ray of cheer

Some very contrasting retail figures today: Argos sales fall by 10%, but Halfords' full-year profits jump by nearly 8%...

Stat of the day: 1,364

The number of jobs that could be lost after Dixons pulls the plug in Spain

UK firms feel after-shocks of Japan turmoil

The economic impact of the disaster in Japan is already being felt around the world, from carmakers to handbag makers...

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