Week in pictures: February 29 2008

Network Rail boss Iain Coucher admitted his annual bonus and payouts for 33,000 staff will be slashed following a damning investigation into the new year rail fiasco. The Office of Rail Regulation levied a record £14m fine. Read the article Photograph: David Jones/PA

The EU today imposed a record €899m (£680m) fine on Microsoft for charging 'unreasonable' prices to rivals for access to its dominant software. The fine, the largest imposed on a single company, brings the total levied on the world's leading software group close to €1.7bn in the past four years. Read the article Photograph: Justin Sullivan/Getty

On WednesdayHBOS shares bounced as the City's faith in a rescue for the deal was renewed. Gordon Brown's support seemed to help, pushing HBOS shares up 21%. The company's shares rose further on Thursday, ending up 22p at 170.10p Photograph: Newscast

Further cuts in US interest rates looked a near certainty after figures showed the sales of new homes tumbled in January for the third successive month to a 13-year low and demand for durable goods also slumped. The Federal Reserve chairman, Ben Bernanke, acknowledged the persistent downside risks to growth. Read the article Photograph: Dennis Cook/AP

The pound slumped to a fresh record low against the euro of 80.29p, bringing more bad news for British holidaymakers as it pushes up the cost of continental breaks. Read the article Photograph: Joerg Sarbach/AP

Stephen Nelson was ousted as chief executive of BAA after failing to make fundamental changes quickly enough at Britain's largest airport operator. Read the article Photograph: Daniel Berehulak/Getty

Bookmaker Ladbrokes posted a 45% jump in profits thanks to rapid growth in over-the-phone bets and big revenues from betting shop roulette machines. Read the article Photograph: David Devins/Newscast

Pest control-to-washroom services group Rentokil hit the market with its second profit warning in two months. Shares in the company slumped. Read the article Photograph: Newscast

Guy Hands, the owner of EMI, has hit out at the company's 260 artists and repertoire (A&R) experts, who find and nurture talent, saying he wants to take away their power and give it to 'the suits' in the record company. Read the article Photograph: Martin Argles/Guardian