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Business news from the BBC web site:

Mandelson urges car industry change
Business Secretary Lord Mandelson urges the UK motor industry to cut both capacity and emissions, though he also says the government will help.
New city library opens its doors
The new £7.5m central library in Cambridge opens for business, 18 months later than planned.
Plan for new high-speed rail link
Two entrepreneurs are looking at raising £4bn to build a new high-speed rail network linking Cambridge and Norwich.
All set for thrift culture?
For those who still have money, should they enjoy the fruits of a consumer society or draw in the purse strings?
Business aims to set up own bank
Business people in Cambridge aim to establish their own bank staffed by experienced commercial people.
Social campaigner appointed MBE
An economist who returned from East Africa in 1982 and became a social reform campaigner becomes an MBE.
Ready fire control centres unused
The government spends £750,000 a month on buildings for new fire control centres which are unused, the Fire Brigades Union says.
Christmas squad for shoplifters
A Christmas shoplifting squad believed to be the first of its kind in the country is set up by Cambridgeshire Police.
Appeal over rare air rifles theft
Police appeal for information after six rare air rifles are stolen in a burglary in Cambridgeshire.
The luxury of living a dog's life
Trade stalls at Crufts - the world's biggest dog show - give a clue to why owners are spending increasing amounts on their pets.
New boom-time for British tech?
How the UK is investing in its tech innovators
Dragons' Den chance to businesses
New businesses bid for cash in a competition styled on the BBC's TV programme Dragons' Den.
In pictures: Transport in the snow
Knighthood for UK science adviser
Howard Dalton, a chief scientific adviser to the UK government, is among the scientists receiving New Year honours.
CBE honour for a church composer
Classical composer John Rutter who writes works people like to sing is honoured with a CBE.
Become scientists, PM urges young
Britain must encourage young people who want to "change the world" to become scientists, Tony Blair says.
City to spend £2m on improvements
A new strategy costing £2m hopes to encourage visitors, shoppers and businesses to Ely.
Europe's Russian energy dilemma
Can Russia be trusted as the main source of Europe's future energy supplies, asks Analysis reporter Quentin Peel.
Interview: Archie Norman
The original Tory moderniser, Archie Norman, on Cameron, Hague and the battle to turn the party round.
Branson on wealth
Sir Richard Branson famously has fun with his immense wealth. But he also feels that great wealth brings great responsibility. Sean Coughlan reports




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