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£125bn black hole: Public borrowing will rocket as tax receipts plunge

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£125bn black hole: Public borrowing will rocket as tax receipts plunge - Exclusive:A deep and painful recession will cost the Government £125bn in lost tax receipts and blow a massive hole in the already creaking public finances



£125bn black hole: Public borrowing will rocket as tax receipts plunge  [10/23/2008 01:17 PM]
Exclusive:A deep and painful recession will cost the Government £125bn in lost tax receipts and blow a massive hole in the already creaking public finances
Rock staff get £50m despite bonus pledge  [10/23/2008 01:17 PM]
Workers at the failed bank Northern Rock will scoop bonuses worth up to £50m over the next three years
Market report: Thursday latest  [10/23/2008 01:17 PM]
12.00:Stockbroker Merrill Lynch fears there may be further pain for housebuilders following the most dramatic slump in the housing market for twenty years
Property website cuts staff as sales slump  [10/23/2008 01:17 PM]
The crisis facing estate agents deepened today when the country's leading property website axed more than a fifth of its workforce
Oil below $70 on demand worry  [10/23/2008 01:17 PM]
Oil prices edged up today ahead of an Opec meeting tomorrow but remained well below $70 on fears demand will shrink as recession bites
Candy bros to sell Chelsea barracks stake  [10/23/2008 01:17 PM]
Property tycoons Nick and Christian Candy have been in negotiations over the sale of their stake in the £1bn Chelsea Barracks, the Evening Standard can reveal
Google set for phone wars with launch of G1  [10/23/2008 01:17 PM]
War between makers of smart phones broke out in America yesterday as Google launched the G1 in conjunction with T-Mobile.
High Street heads for a bleak Christmas  [10/23/2008 01:17 PM]
The High Street is headed for the emergency room this Christmas, according to the latest in-depth survey of the health of the retail sector
Barnsley BS to merge with Yorkshire  [10/23/2008 01:17 PM]
Yorkshire and Barnsley building societies have announced they are to merge, but there are no plans to give members a cash windfall
Sterling dive lifts hopes of rate cut  [10/23/2008 01:17 PM]
Sterling took its biggest one-day dive for 16 years as speculation mounts that the Bank of England will slash interest rates again next month
House prices 'heading for 35% drop'  [10/23/2008 01:17 PM]
House prices will fall a record-breaking 35% by next autumn, economists have warned, wiping around £65,000 off the average house value
Bills must be cut in winter says watchdog  [10/23/2008 01:17 PM]
Energy companies are coming under huge pressure to cut bills this winter following the recent dramatic fall in oil prices
Switch to sovereign funds, says Sarkozy  [10/23/2008 01:17 PM]
Nicolas Sarkozy backed plans for Europeans to set sovereign wealth funds to take stakes in stricken companies and protect them from 'predators'
Libor lowest since collapse of Lehman  [10/23/2008 01:17 PM]
The interest rates banks charge each other for short-term loans fell to their lowest since before Lehman Brothers failed
Insurers hit millions of savers with exit fees  [10/23/2008 01:17 PM]
Millions of savers with nest eggs could lose thousands of pounds as insurance companies introduce exit-fee charges for those who withdraw money
With-profits investors kicked again  [10/23/2008 01:17 PM]
Negative equity's only a problem if you have to sell  [10/23/2008 01:17 PM]
Shameless spin from banks' sinless wonders  [10/23/2008 01:17 PM]
Sterling: A blessing in disguise  [10/23/2008 01:17 PM]