Saturday papers: High street suffering trading downturn - other news

High Street suffering downturn as savings rate slumps to 48-year low.

 * Dow falls 86 points and Nasdaq slips 10 points

 * US February consumer spending up 0.1%; personal income up 0.5%

 * US late march Reuters/Michigan consumer sentiment falls to 69.5

 * US Federal Reserve offers $100 million more to banks

 * US mortgage lenders Fannie Mae and Freddie Mac could each raise up to $10 billion of new capital as part of an agreement that allows them to buy and guarantee more mortgages

 * British Airways cancels 36 more flights from T5 and says problems are ongoing; travellers face more disruption this weekend, while BA faces huge fine for misleading travellers

 * The UK current account deficit shrank much more rapidly in the last quarter of 2007 as big losses by foreign banks depressed outflows of income

 * The high street is suffering a trading downturn far worse than had been revealed by quoted retailers, according to Sir Philip Green of Top Shop and Phil Wrigley of New Look

 * Kingfisher put on negative watch ratings by Fitch and Standard & Poor's