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Peter Mandelson has become embroiled in an angry exchange with Starbucks chairman Howard Schultz over the state of the British economy.

General Motors and Chrysler have unveiled plans to cut 50,000 jobs and revealed they will need a further $21.6 billion (£15.2 billion) in state aid.

Villagers near Oswestry are preparing to welcome a royal visitor.

Andy Richardson rounds up the week’s music news.

Welcome to your new look Shropshire Star music page. We’ll be bringing you the best of new music each week, with news, reviews, features, competitions and a special section dedicated to local music.

The Bank of England monetary policy committee voted eight members to one for the February 0.5 per cent base rate cut – as low rates were found to threaten banks' profits.

Highlights from AFC Telford United’s 5-1 victory over Vauxhall Motors at the New Bucks Head on Tuesday, February 17 2009.

The FTSE 100 continued to slide after initial gains and looks set to dip under the 4,000 mark.

Highlights from Shrewsbury Town’s win over Chester City at the Prostar Stadium on February 17, 2009.

Stressed businesses are ignoring customer complaints, leading to a rise in cases taken to the Financial Ombudsman Service (FOS).

Barack Obama has signed his $787 billion (£546 billion) economic stimulus plan into law.

Patience and an inspired half-time substitution from Simpson helped Town overcome local rivals Chester at the Prostar Stadium, writes STFC blogger James Pugh.

After the defeat at the weekend the Bucks bounced straight back with a win at the New Bucks Head to get their title aspirations back on track.

Shrewsbury Town gained another three points from their home win over Chester City at the Prostar Stadium last night.

Telford were on winning form with a stunning win over Vauxhall Motors last night at the New Bucks Head.

The government will miss its targets to tackle child poverty by 600,000 unless it dramatically increases its spending, a report claimed today.

The manufacturing sector should be receiving government support if the country is to survive through the current recession, a new report says.

Severn Trent Water is putting up bills to households by an inflation-busting five per cent from April 1.

Not content with a gruelling 40-date tour, Rifles are heading out for more punishment as they endeavour to storm the national consciousness.

Morrissey and Mongrel are among the latest offerings to be assessed by the Shropshire Star’s Andy Richardson.

Sexy Rexy, as he’s known in this parish, is our sixtysomething music expert, who eschews current fads and trends in favour of the classic sounds of yesteryear.

Ben Bentley meets a man with an IQ of 153. But the women don’t follow Nick Malloy for his mind…

The FTSE 100 slumped 2.43 per cent to close at 4,034.13, a new low for 2009 as pessimism over the economy grows.

GM Telford Tigers began their weekend in winning style with a 3-1 win over Swindon Wildcats.

Alistair Darling has announced the Royal Bank of Scotland (RBS) will cut its bonuses.

Former Shrewsbury Town goalkeeper Ian Dunbavin was today charged in connection with the nightclub brawl which saw Liverpool captain Steven Gerrard accused of assault.

Engineering giant GKN today axed 150 jobs at its Telford plant. The firm is closing three factories and making 473 people redundant across its operation.

An 18-year-old man escaped from Shrewsbury police station – by walking out of an unlocked door.

Shropshire Star sports writer Chris Hudson looks at Telford’s 1-0 defeat to Workington in our video match report.

Three men accused of stealing £425,000 during a raid on a Telford bank have appeared at Shrewsbury Crown Court.