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UK bank shares hit as Darling's £50bn rescue package expected 'within days'

Home  Oct, 2008

UK bank shares hit as Darling's £50bn rescue package expected 'within days' - Shares in UK banks were hit this morning as Alistair Darling scrambled to rush through a multi-billion-pound capital injection package, now expected 'within a week'



UK bank shares hit as Darling's £50bn rescue package expected 'within days'  [10/07/2008 01:17 PM]
Shares in UK banks were hit this morning as Alistair Darling scrambled to rush through a multi-billion-pound capital injection package, now expected 'within a week'
UK savers shut out from Icesave accounts as Landsbanki rescued by government  [10/07/2008 01:17 PM]
Internet bank Icesave today stopped savers withdrawing their cash after its parent company was nationalised by the Icelandic government
Market report: Tuesday latest  [10/07/2008 01:17 PM]
12.00:Shares in struggling television broadcaster ITV, steady at 39p, were trading just a whisker above their record low of 38.3p today hunting possible
NS&I cuts rates after flood of new savers  [10/07/2008 01:17 PM]
National Savings and Investments (NS&I) today cut the rates it pays savers after being deluged with customers looking for a safe haven for their cash
BCC: UK definitely in a recession  [10/07/2008 01:17 PM]
The UK is in recession, with business confidence, profits and turnover at record lows and unemployment set to rise sharply next year, according to a report today
A&L to pay £7m fine for PPI failings  [10/07/2008 01:17 PM]
The FSA has fined Alliance & Leicester £7m for failing to tell 210,000 customers the true cost of payment protection insurance in the most serious case yet of PPI failure
Rate-cut calls mount as market havoc reigns  [10/07/2008 01:17 PM]
Business leaders and economists today pleaded for an immediate half-point cut in interest rates to stave off a recession
UK firms pay 400% more on power than French  [10/07/2008 01:17 PM]
British companies will have to pay 400% more for their electricity than rivals in France this winter
Europe in shambles overs bank deposit guarantees  [10/07/2008 01:17 PM]
A so-called united European front to deal with the economic crisis descended into shambles yesterday as countries shored up their own tottering banking systems
Rock repays half of bailout loan  [10/07/2008 01:17 PM]
Northern Rock has repaid more than half of the £28bn taxpayer loan it was given ahead of schedule
UK firms pay 400% more on power than French  [10/07/2008 01:17 PM]
British companies will have to pay 400% more for their electricity than rivals in France this winter
Oil prices slide as US fuel demand slows  [10/07/2008 01:17 PM]
Oil prices fell by almost $2 a barrel as attention shifted to the fallout of the credit crisis on business.
Gold glistens as panic grips world markets  [10/07/2008 01:17 PM]
Investors made a desperate break for safety yesterday amid growing disillusionment over government efforts to avert a financial meltdown
£10m bonuses as Lehman on the brink  [10/07/2008 01:17 PM]
Bonuses totalling over £10m were paid to three departing Lehman Brothers executives days before the investment bank collapsed
Energy giants must be clear on profits  [10/07/2008 01:17 PM]
Britain's big six energy suppliers have been cleared of allegations that they are operating a cartel
Real economy takes fright at banking chaos  [10/07/2008 01:17 PM]
Point the finger at Hank not Bill  [10/07/2008 01:17 PM]
Time to act together on rates  [10/07/2008 01:17 PM]
Midas share tips: PHP and Begbies  [10/07/2008 01:17 PM]
When will it end? Don't ask the Professor  [10/07/2008 01:17 PM]
How long will the crisis last? We should not be too optimistic