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Government rocked by £24bn bank crisis

 Home  Nov, 2007

Government rocked by £24bn bank crisis - Chancellor Alistair Darling is facing deepening crisis over collapsed bank Northern Rock, as none of potential rescuers is willing pay anything like current share price >> Rock shares plunge poor bids Northern Rock Alistair Darling Logjam may force down property prices - The London property market is stuck logjam that could lead sharp fall prices, estate agents have warned For sale rate



Government rocked by £24bn bank crisis  [11/19/2007 01:17 PM]
Chancellor Alistair Darling is facing a deepening crisis over collapsed bank Northern Rock, as none of the potential rescuers is willing to pay anything like the current share price >> Rock shares plunge on poor bids Northern Rock and Alistair Darling
Logjam may force down property prices  [11/19/2007 01:17 PM]
The London property market is stuck in a logjam that could lead to a sharp fall in prices, estate agents have warned For sale rate
Market report: Monday latest  [11/19/2007 01:17 PM]
13.00:Standard Chartered is the British bank that no one has ever heard of. But it has never been short of admirers, and these days they appear to be queuing up around the block Nervous share trader
Anthony Hilton: Is Darling losing the City?  [11/19/2007 01:17 PM]
Comment:The Chancellor today responds to bids for stricken Northern Rock. But he is running out of options, and his reluctance to take decisions is finally coming home to roost Anthony Hilton, Evening Standard
Lloyds TSB attacked over bank charges  [11/19/2007 01:17 PM]
Lloyds TSB will be censured by the Financial Services Authority for increasing bank charges in direct defiance of the watchdog - but the High Street giant will not be fined Anila Kotecha
With the lotto, number 13 really is unlucky  [11/19/2007 01:17 PM]
The superstitious will need no convincing but there really is good reason to steer clear of the number 13 Lotto logo
Airlines face crackdown on ghost flights  [11/19/2007 01:17 PM]
The Government is to clamp down on airlines flying empty planes out of British airports to stop losing valuable take-off and landing slots to rivals BA plane
Shops fear quiet Christmas  [11/19/2007 01:17 PM]
Clothing retailers were showing the first signs of panic as sales failed to take off in the run-up to Christmas - but costs could rise as the pound falls Shop sales
Property market 'to grind to a halt' in 2008  [11/19/2007 01:17 PM]
The house price boom has ended, the Nationwide said today, with price growth collapsing next year from the current rate of nearly 10% to zero Sale signs graph
Northern Rock boss quits  [11/19/2007 01:17 PM]
Adam Applegarth, chief executive of troubled mortgage bank Northern Rock, has resigned. However, the board said he will not step down until January Bank of England - Adam Applegarth insert
Fraud probe into ITV phone-in scandal  [11/19/2007 01:17 PM]
An official report is expected to accuse Big Game TV of operating a deliberate policy of cheating viewers using premium-rate phone lines Timmy Mallett
A to Z of the Sunday newspapers  [11/19/2007 01:17 PM]
Here's our round-up of some of the key business and financial stories in the newspapers this weekend Newspapers
Subprime cost to banks 'will spiral sixfold'  [11/19/2007 01:17 PM]
Banks are facing up to $300bn (£146.6bn) of losses from the subprime credit crisis over the next 18 months according to Guy Hands, one of Britain's top private-equity chiefs Guy Hands
BA faces claims deluge over axed flights payout  [11/19/2007 01:17 PM]
British Airways was today facing a possible multi-million-pound bill after agreeing to compensate two passengers for cancelled flights A BA plane
Avoid costly storecards this Christmas  [11/19/2007 01:17 PM]
Christmas shoppers are being warned to steer clear of storecards this festive season or they could end up paying a lot more than they bargained for Argos storecard
Job switch that doesn't work  [11/19/2007 01:17 PM]
Could it be that finance directors often fail when they rise to become chief executive because the two roles demand very different personalities?
Hetherington: British Gas menaces, APS Estate Agents  [11/19/2007 01:17 PM]
Financial Mail's readers' champion discovers more incompetence at British Gas and a pensioner duped by APS Estate Agents in Preston
Standard Life must fight for existence  [11/19/2007 01:17 PM]
The mistkaes were costly that led Standard Life to limp off the battlefield, leaving the zombie fund manager Resolution to fall into the arms of Pearl for £5bn
An open letter to the Pensions Minister  [11/19/2007 01:17 PM]
In an open letter to Mike O'Brien, the latest Pensions Minister, Mail on Sunday Personal Finance Editor Jeff Prestridge calls on him to sort out the pensions shambles
Our highly paid dreams are an illusion  [11/19/2007 01:17 PM]
Tumbling unemployment has, contrary to what text books say, produced no pick-ups in wage inflation. We comfort ourselves that we do well paid knowledge jobs, but reality proves otherwise.