|
Northern Rock facing afterlife as 'zombie' [09/30/2007 01:17 PM]
|
|
The stricken mortgage lender could be force to close to new business as profits face being wiped out by interest payments to the Bank of England
|
|
Thames Water faces £12m fine [09/30/2007 01:17 PM]
|
|
Thames Water could be fined £12½m for reporting and customer service failings under proposals announced by water services watchdog Ofwat today
|
|
Market report: Friday close [09/30/2007 01:17 PM]
|
|
17:00:A ripple of excitement went through the Square Mile today on talk that reinsuranxce broker Benfield has received a bid approach from Goldman Sachs
|
|
Rock faces storm after £40m divi payout [09/30/2007 01:17 PM]
|
|
Northern Rock paid dividends to preference shareholders just days before cancelling payments to ordinary shareholders, it was revealed today
|
|
Tate & Lyle crashes 30% on profit fears [09/30/2007 01:17 PM]
|
|
The City gave sugars group Tate & Lyle a caning today after the group came out with its fourth profits alert in nine months
|
|
Bank 'may have to cut interest rates' [09/30/2007 01:17 PM]
|
|
The Bank of England may need to cut interest rates to shore up flagging economic growth in the face of a housing slowdown and turmoil in the markets
|
|
Rock bail-out loan balloons to £7.75bn [09/30/2007 01:17 PM]
|
|
Northern Rock's emergency loan from the Bank of England has ballooned to an eyewatering £7.75bn
|
|
New fuel duty sends diesel up to £1 a litre [09/30/2007 01:17 PM]
|
|
Motorists with diesel cars face paying £1 a litre at the pumps for the first time on Monday, a motoring organisation warned todayto send diesel up to £1 a litre
|
|
Tesco's British lamb that isn't [09/30/2007 01:17 PM]
|
|
Tesco is to change the labelling on its 'British slow-cooked lamb shanks' after a customer spotted the meat was from New Zealand
|
|
Millions must pay more into their pensions [09/30/2007 01:17 PM]
|
|
Contribution levels to most pension schemes are too low to provide a decent income during retirement, workers were warned today
|
|
House prices shrug off the credit crunch [09/30/2007 01:17 PM]
|
|
Property prices are rising at their fastest in three months as the market shrugs off the global credit crunch and higher rates
|
|
US house sales take a 21% dive [09/30/2007 01:17 PM]
|
|
Sales of US homes plunged in August, raising concerns for prospects for the British property market
|
|
Fewer mortgages approved in August [09/30/2007 01:17 PM]
|
|
Mortgage approvals for UK home purchase fell 14.2% in August compared with a year ago, indicating that housing demand was weakening even before the financial problems in September
|
|
Firms run a £4bn 'protection racket' [09/30/2007 01:17 PM]
|
|
Shops, banks and finance companies are running a multi-billion pound loans 'protection racket' by deceiving customers, a City watchdog said yesterday
|
|
Jittery banks shun £10bn bailout cash [09/30/2007 01:17 PM]
|
|
The Bank of England has warned the credit squeeze is to get worse, yet today's unprecedented auction of £10bn for banks found absolutely no takers
|
|
Lloyd's hopes to dodge hurriances [09/30/2007 01:17 PM]
|
|
Members of Lloyd's of London will be crossing their fingers that they come through hurricane season unscathed
|
|
GMTV fined £2m for viewer phone-in scam [09/30/2007 01:17 PM]
|
|
GMTV was fined £2 million today, the largest penalty imposed against a broadcaster, for duping biewers into paying to enter a competition they could not win
|
|
Industry chief blasts Bank over crisis [09/30/2007 01:17 PM]
|
|
The run on the Northern Rock has made Britain look like a 'banana republic', the boss of the Confederation of British Industry said last night
|
|
Homebuyers 'told to lie about salary' [09/30/2007 01:17 PM]
|
|
More evidence has emerged that unscrupulous brokers are encouraging homebuyers to lie with some borrowers getting mortgages up to eight times salary
|
|
Mortgage availability 'unchanged by credit crisis' [09/30/2007 01:17 PM]
|
|
Mortgage lenders said today that the availability of home loans for consumers should not be affected by the current turmoil in global credit markets
|
|
Nationwide admits Isa backlog persists [09/30/2007 01:17 PM]
|
|
Nationwide has admitted experiencing continued delays with Isa transfers even though it had promised the problem was solved
|
|
High court shuts down boiler rooms [09/30/2007 01:17 PM]
|
|
Two UK firms that were pushing unsuspecting investors into the hands of boiler rooms in Gibralter have been shut down by the industry watchdog
|
|
House price cracks are showing [09/30/2007 01:17 PM]
|
|
Don't seize upon the surprise rise in September house prices as proof that the consumer has shrugged off the credit crisis
|
|
30 second guide to... Lloyd's of London [09/30/2007 01:17 PM]
|
|
The Daily Mail City team delves into the past of Lloyd's of London
|