Finance Articles


Stocks plunging for a fifth day

Home  Mar, 2007

Stocks plunging for fifth day - The FTSE 100 Index slipped below 6000 mark morning as last week's stock market turmoil continued today. Fury at banks' £40bn profits - A new bank row exploded today as HSBC announced record profits, bringing total for High Street institutions just under £40bn



Stocks plunging for a fifth day  [03/05/2007 01:17 PM]
The FTSE 100 Index slipped below the 6000 mark this morning as last week's stock market turmoil continued today.
Fury at banks' £40bn profits  [03/05/2007 01:17 PM]
A new bank row exploded today as HSBC announced record profits, bringing the total for High Street institutions to just under £40bn
Market report: Monday latest  [03/05/2007 01:17 PM]
11.00:Like a punch-drunk boxer, City investors were on the ropes again today, and taking another beating as share prices and sterling fell sharply
BA cancels hundreds of regional flights  [03/05/2007 01:17 PM]
British Airways today said hundreds of regional flights this month on BA Connect - which it is selling to Flybe - will be cancelled
Petrol firms in profiteering row  [03/05/2007 01:17 PM]
Oil giants have been accused of cashing in on the tainted-fuel crisis by raising pump prices across Britain
Grown-ups who still ask daddy for money  [03/05/2007 01:17 PM]
They are the boomerang generation - they've left the family home but keep coming back looking for a handout
Bailiffs free to enter homes  [03/05/2007 01:17 PM]
Bailiffs are set to get sweeping powers to break into homes and seize goods if people fall behind on credit card bills
The £2.5bn stamp duty grab  [03/05/2007 01:17 PM]
An extra £2.5bn a year is being taxed from homebuyers as stamp duty rates fail to keep pace with rising property prices
A-Z of the Sunday newspapers  [03/05/2007 01:17 PM]
Here's our summary of what the business papers are reporting from the financial world this Sunday
Sky in new assault on Virgin  [03/05/2007 01:17 PM]
BSkyB is calling for the media watchdog, Ofcom, to force Sir Richard Branson's Virgin Media to open up its cable network to other broadcasters
'Banks misled customers in charging row'  [03/05/2007 01:17 PM]
The Financial Ombudsman Service has reported two banks to the City watchdog for failing to deal fairly with customers who have complained about account charges
Tesco 'cheat' on 50% pledge  [03/05/2007 01:17 PM]
Tesco was last night accused of misleading shoppers over a 'half-price' promotion after it suddenly increased prices shortly before starting the campaign
Aston Martin race hots up  [03/05/2007 01:17 PM]
Private equity company Doughty Hanson could overtake a rival bid headed by motor sport tycoon David Richards in the £450m race to win Aston Martin
TV to cash in on a betting gold rush  [03/05/2007 01:17 PM]
Bookmakers are set to gatecrash the television schedules this autumn, delivering an advertising boost worth tens of millions of pounds a year to broadcasters
Buy-to-let boom  [03/05/2007 01:17 PM]
The buy-to-let mortgage market is set to grow by more than 40% by 2016, according to a new study
Brown defiant over pay curbs  [03/05/2007 01:17 PM]
Gordon Brown is expected to insist on another year of curbs on earnings for millions of public sector workers
Rightmove doubles profits  [03/05/2007 01:17 PM]
Property website Rightmove today doubled underlying profits after exceeding expectations set at time of its flotation last year
M&S considers £10bn Sainsbury bid  [03/05/2007 01:17 PM]
Marks & Spencer chief executive Stuart Rose admitted he is considering a bid for Sainsbury, although the company later ruled out making an offer for the time being
Struggling shares back in red  [03/05/2007 01:17 PM]
The FTSE 100 index fell again today as a torrid week for stock markets continued amid talk of a recession in the US and turmoil in the Far East
BT bill charge is 'financial blackmail'  [03/05/2007 01:17 PM]
A group of MPs have accused BT of 'financial blackmail' for charging customers who choose not to pay their bills by direct debit
Banks forced to pay up  [03/05/2007 01:17 PM]
Banks which close the accounts of complaining customers are being ordered to pay compensation of at least £200 a time
No change predicted for rates  [03/05/2007 01:17 PM]
The Bank of England looks set to keep interest rates on hold for the second month running next week but markets are nervous about another hike
Rogue petrol threat to 400,000 cars  [03/05/2007 01:17 PM]
The contaminated petrol crisis deepened yesterday as millions of drivers were urged to replace the fuel in their tanks
Midas: Take a good look at your portfolio  [03/05/2007 01:17 PM]
The Mail on Sunday's shares tipper this week advises investors to keep calm. It also focuses on HBOS bank
A time to stay calm as the markets rage  [03/05/2007 01:17 PM]
Violent stock market volatility tested the nerves of many investors - But most ordinary people with money tied up in equity Isas have sensibly held on to their holdings
Another nail in the coffin of market repute  [03/05/2007 01:17 PM]
The only surprise at the criminal fraud charges brought against 13 Wall Street traders last week was that the American authorities had actually decided to prosecute
A cause worth moaning about  [03/05/2007 01:17 PM]
If you like moaning about schools 'failing' boys, 'middle-class parents' monopolising good schools and the travails of women with children, the past seven days were for you
Shame of tax credit shambles  [03/05/2007 01:17 PM]
This week our ace investigator exposes a tax credit shambles, gets to the bottom of a mystery debt and puts a reader straight about US laws