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Recession here for two years, Darling admits

Home  Jan, 2009

Recession here for two years, Darling admits - Fears of a two-year recession crept closer today as Chancellor Alistair Darling admitted that the downturn would be even worse than expected



Recession here for two years, Darling admits  [01/24/2009 01:17 PM]
Fears of a two-year recession crept closer today as Chancellor Alistair Darling admitted that the downturn would be even worse than expected
Tumbling sterling 'headed for $1.20 rate'  [01/24/2009 01:17 PM]
Sterling tumbled to fresh lows today as traders warned that the pound could crash below the $1.20 barrier by the summer
Market round-up: Another bank bailout  [01/24/2009 01:17 PM]
The week on the stock market:Shareholders in the UK's banks suffered yet more chaos following the unveiling of a second rescue package
Where will survive the recession best?  [01/24/2009 01:17 PM]
The UK economy has finally officially been declared in recession, but where in the country is best placed to deal with the slump?
Barclays plunges amid new bailout worries  [01/24/2009 01:17 PM]
Barclay's shares tumbled sharply again today as investors ignored chief executive John Varley's attempts to calm the markets
UK enters recession as economy shrinks 1.5%  [01/24/2009 01:17 PM]
The British economy was officially declared to be in recession today as Gordon Brown admitted he had failed to foresee the financial crisis
Britain avoids credit rating humiliation  [01/24/2009 01:17 PM]
The influential Moody's agency said today it did not think it would be downgrading its guidance on the UK's credit rating
Northern Rock and RBS cut mortage rates  [01/24/2009 01:17 PM]
There was good news for mortgage holders today as bailed-out banks Northern Rock and Royal Bank of Scotland cut the prices of their mortgage offerings
Quarter of final salary schemes to close  [01/24/2009 01:17 PM]
One in four gold-plated pension schemes will close their doors to existing workers in the next five years, a report has revealed
Middle classes join home counties dole queue  [01/24/2009 01:17 PM]
Dole queues have doubled in a year in 12 commuter areas as the recession bites in the South-east
Treasury 'hiding' true bailout cost, say MPs  [01/24/2009 01:17 PM]
Chancellor Alistair Darling should come clean over the true cost to the taxpayer of the Government's multi-billion-pound bank bail-out schemes, MPs said today
Tory donors profited on Barclays fall  [01/24/2009 01:17 PM]
Partners at a hedge fund which made about £12m betting on a fall in the Barclays share price have donated more than £300,000 to the Conservatives
British Gas price cuts 'still not enough'  [01/24/2009 01:17 PM]
British Gas slashed its bills by 10% yesterday, but it was not enough to stop calls for an inquiry into 'painful' energy prices
Cameron: Money 'could run out very soon'  [01/24/2009 01:17 PM]
David Cameron yesterday warned Britain faces a real risk of needing a humiliating 1970s-style bail-out from the International Monetary Fund
Microsoft slashes 5,000 jobs worldwide  [01/24/2009 01:17 PM]
Microsoft has finally outlined the vast scale of its redundancy programme as it declared 5,000 jobs would go worldwide
Accounts fiction that landed us in it  [01/24/2009 01:17 PM]
Cuts that ignite deflation fear  [01/24/2009 01:17 PM]
The era of deflation could soon be upon us. British Gas has led the way in bringing down utility bills, with a 10% cut in gas prices
The scaremongers selling us short  [01/24/2009 01:17 PM]
The trouble with bosses today  [01/24/2009 01:17 PM]
Midas share tips: Cadbury and Young's  [01/24/2009 01:17 PM]