Capitalism does not work when the rich are too rich and the man in the street is too strapped for cash that he cannot buy what he needs; the new carpet, the new suite, cannot afford leisure and cultural trips and holidays etc.

Retail guru Mary Portas suggests many high streets are beyond rescue, and Professor Mike Haynes from the University of Wolverhampton Business School in Telford fears there is worse to come.

TWO HUNDRED jobs will be created in a huge expansion by Shropshire dairy Nom, it was announced today.

I am sure future students across Shropshire are furious at the thought of having to fork out up to £9,000 a year to go to university but there is one way of getting out of it – don’t go writes Jason Lavan.

This week I have to say a very big thank you to the male shop assistants in the county who have proved an absolute treasure trove of information when it comes to buying those things you never normally buy for yourself writes Tracey O’Sullivan.

Migrant workers using rural Shropshire roads are to be targeted as part of a major new safety campaign following concerns from residents about speeding.

Weeks of roadworks on Shropshire’s A5 near Oswestry will come to an end tomorrow.

Eighty new jobs are expected to be created across Shropshire and up to 100 safeguarded with cash from a council fund.

The new 9-5 manages to combines looking both modern and very Saab-ish, whilst offering a firmer ride, writes Ian Donaldson.

A 34-year-old man who set fire to his Telford home and watched it burn has been jailed for more than two years.

The gap between house prices in Shropshire is dramatically increasing – with the average cost of a property rising across the county but falling in Telford & Wrekin.

Chancellor Alistair Darling today unveiled his plans to take Britain out of the recession – telling bankers and the super-rich they must bear most of the pain of the spiralling national debt.

Shropshire has a key role to play in helping the West Midlands recover from the recession, businesses in the county have been told.

Shropshire’s economy suffered a double whammy with the loss of more than 200 jobs at one company and a £21 million debt revealed at another. Find out more in our weekly podcast.

Average house prices in Shrewsbury fell by one of the smallest amounts across the country in the past 12 months, new figures showed today.

A Treasury delegation has landed in Iceland – with the aim of retrieving the £20 billion of assets held by UK savers, councils, charities and businesses.

Countries must work together to tackle the most dangerous financial crisis the world has seen since the 1930s, the International Monetary Fund (IMF) said.

Alistair Darling has warned international finance will never be the same again, while Gordon Brown has called on every bank in the world to increase its capital ratio.

The financial crisis deepened on Friday as panic returned to world markets despite coordinated action to restore confidence.

Alistair Darling has flown to America to meet with finance chiefs to help broker a international move on tackling the global credit crisis.

The prime minister of Iceland has warned the country's banking crisis will be painful.

Japan declined to join central banks across the world in cutting interest rates yesterday but has ordered an additional economic package as the financial crisis deepens.

Gordon Brown has accepted that British banks must take their share of the blame for the global financial crisis.

House prices have fallen by a record 13.3 per cent in the last year, an influential index reported on Thursday.

More banks will fail despite the US bailout package, Treasury secretary Henry Paulson has warned.

Most UK companies are keeping staffing levels as they are as the nation drops into recession, but they are not hiring.

The Bank of England has just cut interest rates by half a per cent to 4.5 per cent in a shock move that appears to have been taken in conjuction with a number of other central banks around the world.

The government's banking rescue package has been broadly welcomed by unions and banks, although shareholders have expressed concern over the plans.

Consumer confidence fell again in September after two months of stability as turmoil in the financial system hurt sentiment.

UK banks are waiting for official confirmation from the chancellor that they will be part nationalised in a bid to resist the global credit crisis.