Unemployment could soon rise, Bank of England has warned, with number of companies planning recruit new workers falling its lowest level since 1997 City workers




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Prepare for job cuts, says BoE - Unemployment could soon rise, Bank of England has warned, with number of companies planning recruit new workers falling its lowest level since 1997 City workers




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Finance Articles


The economy springs a leak

Home  May, 2008

The economy springs leak - Wolseley started come off boil early 2007, when HSBC's shock profit warning highlighted vulnerability of all firms with major exposure American housing market
Prepare for job cuts, says BoE - Unemployment could soon rise, Bank of England has warned, with number of companies planning recruit new workers falling its lowest level since 1997 City workers






The economy springs a leak  [05/22/2008 07:28 PM]
Wolseley started to come off the boil in early 2007, when HSBC's shock profit warning highlighted the vulnerability of all firms with a major exposure to the American housing market
Prepare for job cuts, says BoE  [05/22/2008 07:28 PM]
Unemployment could soon rise, the Bank of England has warned, with the number of companies planning to recruit new workers falling to its lowest level since 1997 City workers




Watchdog war on banks' bonus-grabbers  [05/22/2008 07:28 PM]
The City watchdog will target the bonus culture that encourages bankers to take huge risks with investors' cash Bank branches on a High Street
England's summer wine flies off shelves  [05/22/2008 07:28 PM]
English wine has seen a surge in popularity thanks to successive warm summers and an increasing demand for local produce English vineyard




Red alerts point to looming recession  [05/22/2008 07:28 PM]
Investors were urged to prepare for a full-blown recession as high borrowing costs, slumping house prices and soaring energy costs continued Mervyn King
Wanted: Tough No2 to drive Bank policy  [05/22/2008 07:28 PM]
Analysis: Why does the Bank of England have two Deputy Governors? If you answered: In case one is run over by a falling bank, you'd be wrong Rachel Lomax




Supply fear drives crude price above $135  [05/22/2008 07:28 PM]
A $5-a-barrel spike in the price of oil has sent crude to all-time highs above $135 a barrel, raising fears that prices may even hit $200 BP oil exploration
Nationwide sees profits leap to £781m  [05/22/2008 07:28 PM]
Raising interest rates for borrowers and funding all its new lending from savers saw Britain's biggest building society increase profits sharply last year Nationwide bank branch




Market report: Thursday close  [05/22/2008 07:28 PM]
16.45:City speculators may have a sweet tooth, but that was not the reason they were chasing Cadbury - rumoured interest from Warren Buffett may have played a part Mickey Clark
'Petrol crisis' sparks fears of rising bills  [05/22/2008 07:28 PM]
Britain is in an 'economic crisis', a minister warned today as soaring oil prices threatened to add £650 to the average household bill Soaring Oil




Delay to charges case as banks appeal  [05/22/2008 07:28 PM]
Britain's banks today delayed an outcome to the legal wrangle over bank charges by appealing the judge's decision in the first stage of the test case Bank branches on a High Street
Aviva's £5bn balancing act  [05/22/2008 12:37 AM]
The inquiry into inherited estates within insurance companies has had the effect of banging heads together




Long-term care must change for the better  [05/22/2008 12:37 AM]
A Government consultation on long term care must tackle the problems that millions must live with and deliver our elderly the system they deserve
M&S: High water mark for Rose  [05/22/2008 12:37 AM]
Sir Stuart Rose may have topped the magic £1bn profit threshold, but by mid-afternoon the bears had got their teeth into Marks & Spencer








Mortgage rate cuts raise borrowers' hopes  [05/22/2008 12:37 AM]
Hopes have been raised that the mortgage crunch may be easing with Nationwide and Abbey cutting rates and First Direct returning to the market Bank's borrowing crisis graph
Darling launches tax charm offensive  [05/22/2008 12:37 AM]
Alistair Darling launched an attempt to rebuild his fractured relationship with business in a speech hinting at more tax concessions and a new industrial policy Alistair Darling








'Spend-it-all' parents fritter kids inheritance  [05/22/2008 12:37 AM]
If you're waiting patiently to inherit cash from your parents, there's bad news. They've probably already spent it Grandparent and family
Millions still pay the price for 10p tax rate  [05/22/2008 12:37 AM]
Millions of families will suffer next year if Gordon Brown does not extend the tax cuts introduced in the 10p U-turn Gordon Brown








Experian warns of crisis for consumers  [05/22/2008 12:37 AM]
The crisis in the financial markets is turning into a crisis for consumers as mortgage lending and other loans dry up Christmas Shopping
Power giants 'stitch up' UK customers  [05/22/2008 12:37 AM]
Power companies have been accused of operating a 'stitch-up' that means UK gas and electricity prices are rising at the fastest rate in Europe gas bill








Market report: Wednesday latest  [05/22/2008 12:37 AM]
16.00:Record oil prices may come as a bitter blow to motorists, but the soaring cost of black gold pumped up energy stocks today Rosamund Urwin, Evening Standard
Soaring oil pushes diesel to £6 a gallon  [05/22/2008 12:37 AM]
Motorists are struggling with the fastest rises in diesel prices for a decade as the fuel crisis worsens Filling the car with Petrol








Lenders slash house price forecast  [05/22/2008 12:37 AM]
Mortgage lenders have slashed their forecast for house prices in 2008 - from a 1% increase to a 7% fall Estate agents, property for sale
Sticky issue of the RBS rights  [05/21/2008 03:41 AM]
What started as the deepest of deep-discount rights issues is now only 20% off the current share price










The rose-tinted world of B&B  [05/21/2008 03:41 AM]
Bradford & Bingley's parallel universe must be a comforting place to be. In its rose-tinted bubble, there is no prospect of a house price meltdown, only buy-to-let buying opportunities