Top Business Stories for Monday, Jan 19

Lloyd Morrison. Photo/ Kenny Rodger

Top business man has leukaemia, steps down
One of New Zealand's top business leaders, Infratil's Lloyd Morrison, has leukaemia and is stepping down.

NZ investor confidence plummets, survey
Private, richer New Zealand investors recorded a 35 per cent drop in confidence during the last quarter of 2008, a new survey commissioned by ING shows.

Retail stories close as job worries rein in spending
Insolvency experts expect more blood on the retail floor in the coming months as job security fears curb the consumer urge to splurge.

Britain digs deep to keep bailing out its banks
Only three months after the government put £37 billion pounds (NZ$100 billion) into shoring up its shattered financial system, Britain is putting billions more into an insurance plan intended to get banks lending again.

- NZ HERALD STAFF