Jan
1
Chancellor Alistair Darling today announced that the Treasury will provide
Jan
1
Developed economies are heading for their first collective contraction since
World War II, with the US outlook for 2009 particularly poor, according to
the International Monetary Fund (IMF).
Jan
1
The Bank of England today took decisive action to shore up the economy and
stave off a deep recession by ordering an aggressive cut in interest rates
by 1.5 per cent to 3 per cent, taking the base rate to its lowest level in
more than half a century.
Jan
1
Britain's biggest mortgage lenders have ignored calls from the Government to
pass on today's cut in interest rates to struggling homeowners.
Jan
1
Next, the fashion and homewares retailer, said like-for-like sales fell by 4.4
per cent in the 14 weeks to November 1, in line with expectations.
Jan
1
The future of Yahoo! has been thrown into confusion after Google walked away
from an agreed search advertising partnership to avert a "protracted legal
battle" with US antitrust regulators.
Jan
1
Aegon, the Dutch insurer that employs 4,500 people in the UK through Scottish
Equitable, has today received ?3 billion from the Dutch Government to
strengthen its capital base.
Jan
1
American house prices fell at their fastest rate on record in August as Wall
Street braced itself for at least another year of real estate misery.
Jan
1
INVESTORS are rushing to exchange sterling for ?safer? currencies after it
plunged to new depths.
Jan
1
The UK is on the brink of a recession, according to figures released
yesterday, which showed that the economy shrank for the first time in 16
years between July and September.
