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Pound soars amid rally by stock markets

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Pound soars amid rally by stock markets - The pound soared against the dollar today and global stock markets rallied as hopeful investors looked to put the recent carnage behind them



Pound soars amid rally by stock markets  [10/29/2008 01:17 PM]
The pound soared against the dollar today and global stock markets rallied as hopeful investors looked to put the recent carnage behind them
Hedge funds face Volkswagen share storm  [10/29/2008 01:17 PM]
Volkswagen briefly became the world's biggest company as it motored into a share dealing storm that could leave a number of top hedge funds nursing heavy losses
Market report: Wednesday latest  [10/29/2008 01:17 PM]
12.15:Financials led the charge today as stock-market investors took their cue from a record-breaking points gain on Wall street overnight
Mortgage repayments outstrip new lending  [10/29/2008 01:17 PM]
Mortgage repayments outstripped new lending in August for the first time as speculation of a stamp duty cut froze the housing market, official figures showed today.
Rise in repossessions sees 120 a day evicted  [10/29/2008 01:17 PM]
The number of families evicted from their homes has rocketed by 70% over the last year, official figures have revealed
This much borrowing will be very painful  [10/29/2008 01:17 PM]
Ruth Lea, Economic adviser at the Arbuthnot Banking Group, writes that Alistair Darling must put in place a pinful plan to pay off this debt
Fed to fight recesssion with new rate cut  [10/29/2008 01:17 PM]
The US Federal Reserve is set to slash interest rates tonight as central banks around the world accelerate the fight against recession
Financial crisis 'will cost 194,000 London jobs'  [10/29/2008 01:17 PM]
London will lose about 194,000 jobs in the next two years because of the financial crisis, fresh research suggests
UK inflation 'no longer a major threat'  [10/29/2008 01:17 PM]
Tim Besley, arch-hawk on the Bank of England's monetary policy committee, says inflation is no longer a major threat to the economy as Britain dives into recession
Osborne: We need rate cuts not spending spree  [10/29/2008 01:17 PM]
Shadow chancellor George Osborne called for swift interest rate cuts and warned that Labour's plans for a 'spending splurge' could damage Britain
Rate cuts not 'magic bullet' for recovery  [10/29/2008 01:17 PM]
A top official admitted the Bank of England's ability to support the economy with lower interest rates has been 'impaired' by the credit crunch
Land Registry: House price falls hit 8%  [10/29/2008 01:17 PM]
House price falls almost doubled year-on-year to 8% as the average property lost £5,700 in September, according to the Land Registry
ICICI: still stable despite losses  [10/29/2008 01:17 PM]
Indian bank ICICI has moved to calm savers' fears following news that its UK subsidiary made a loss due to failed US investments
'Give small firms a slice of £125bn state deals'  [10/29/2008 01:17 PM]
David Cameron yesterday urged ministers to give small businesses a share of Government contracts worth £125bn
Aikens' suppliers 'won't get cash owed'  [10/29/2008 01:17 PM]
Suppliers owed more than £100,000 by chef Tom Aikens will not be paid after two of his restaurants went into liquidation, administrators said
With-profits dumped for sexier subjects  [10/29/2008 01:17 PM]
Brokers are betting blind and may leave you broke  [10/29/2008 01:17 PM]
Tiger stocks are eaten alive  [10/29/2008 01:17 PM]
FSA charade treats savers with disdain  [10/29/2008 01:17 PM]
Midas share tips: Aveva and Rotala  [10/29/2008 01:17 PM]
Recession looms  [10/29/2008 01:17 PM]
Recession is just for starters  [10/29/2008 01:17 PM]