Wall Street hits record highs; UK rate cut hint hurts pound - as it happened

BoE governor warns that UK economy may not rebound, as John Lewis and Marks & Spencer issue weak Christmas trading updatesWall Street hits fresh record highsMark Carney: rate cut possible if growth doesn’t improveJohn Lewis: bonus at risk as profits shrinkMD Paula Nickolds quits unexpectedly 7.04pm GMT Time for a recap Related: Bank of England governor hints at interest rate cut The Christmas retail winners and losers: Find out who fared well and who had a turkey over the crucial festi