News

London Scottish logo

Savers rescued after another bank collapses

As many as 10,000 savers had to be rescued by the Government this morning as subprime lender London Scottish Bank collapsed...
Reader comments (8)

Useful links

John DuffieldBanks to seize New Star as shares crash

New Star Asset Management was in crisis talks with banks today as it was denied a suspension in trading of its shares, which lost 70% of their value...
Reader comments (7) | Data

MORTGAGE CRISIS

First time buyers. Estate agents window What's gone wrong with the mortgage market? And how can it be fixed?
- Rescue plans

BUDGETARY BUST

Alistair Darling on with Pre-Budget Report on 24 November 2008 The Daily Mail's guest columnist says the Pre-Budget Report let employers down...
Budget failure

London Stock exchange traders,Stock market report: Monday close

16.55: Shares went into a nose-dive on both sides of the Atlantic this afternoon as investors continued to fret over the economic slump and banking crisis...

FTSE LATEST

4065.49-222.52

RBS branchBanks urged to follow RBS' arrears pledge

Pressure was mounting on RBS's rivals to follow its pledge to give homeowners at least six months' grace before starting repossession action...
Reader comments (15) | Guide

HSBC branchHSBC to cut 500 staff in the UK

HSBC is cutting 500 jobs in its UK operations, with most of the posts which are being axed based in or around London...

Mervyn King, Governor of the Bank of England.Economists predict 1% interest rate cut

Mortgage bills for hundreds of thousands of London homeowners are set to be slashed again this week...
Reader comments (19)

Budget 2008

estate agent boards piled up in a yardMortgage lending falls 70% in a month

Mortgage lending collapsed during October, diving by nearly 70% to reach the second lowest figure on record, the Bank of England said...
Reader comments (1) | Vote | Calculate

David MoxonJob loss: what shall we tell the kids

Redundancy will affect a growing number of families in coming months and this can have a profound effect on children...
Reader comments (1) | Chat

Alistair Darling and the Budget Box£20bn spree was not enough, says Darling

Alistair Darling admitted that the Treasury will have to pump more money into the economy to tackle the recession...
Reader comments (8)

Irish bank logosIreland offers hand to crunch-hit banks

Ireland's government has become the latest to offer support to its banks as lenders seek to shore up capital depleted by the global financial crisis...

Charity collection boxCharities to close as crisis hits donations

Charities are facing a multibillion pound shortfall as companies end sponsorship and public donations dry up in the face of the financial crisis...
Reader comments (1)

Oil wells and the oil priceOil slides after Opec fails to agree cuts

Oil prices fell by more than dollar today after exporter countries within Opec failed to agree on production cuts at their weekend meeting in Cairo...
Reader comments (2) | Vote

Woolworths storeDragon Paphitis lines up for Woolworths

The vultures are lining up to pick at the remains of struggling retailers hit by the dramatic downturn in consumer spending...
Vote | Data

VOTE NOW

woman in a Woolworths store doing her Christmas shoppingWhen was the last time you bought something in Woolworths?

NewspapersA to Z of the Sunday newspapers

Here's our summary of what the business papers are reporting from the financial world this Sunday
| Also: Sunday newspaper share tips...

Woolworths storeWoolworths 'could be sold off this week'

Woolworths could be broken up as early as this week as around a dozen serious bidders circle the High Street chain, Sunday newspapers said today...
Vote

HBOS Lloyds TSBLast-ditch bid to halt HBOS-Lloyds merger

The merger of HBOS and Lloyds TSB was today described as a 'shotgun marriage' by one of the men behind a last-ditch bid to halt the move...
Reader comments (1) | Vote

MIDAS SHARE TIPS

Gold Bars Financial Mail's top stock picker thinks G4S could do well out of the recession.
- Midas tips G4S

DEBT CRISIS WARNING

William Rees-Mogg Lord William Rees-Mogg finds that the public finances are heading for crisis.
- Comment

Gas ovenEnd called to power firms' direct debit raid

Energy Minister Mike O'Brien has pledged to stop power companies raiding customers' accounts to charge for gas and electricity they have not used...
Reader comments (7)

Treasury wants more powers to nationalise

The Government is fast-tracking its Banking Bill through Parliament and seeking sweeping additional powers...
Reader comments (2)

Taxman tactics 'wrecking enterprise'

VAT inspectors have been accused of driving entrepreneurs to the wall...
Reader comments (2)

ANTHONY HILTON, EVENING STANDARD FINANCIAL EDITOR

Balancing game for the LSE

Anthony Hilton, Evening Standard Financial Editor

Since the rivals to the London Stock Exchange launched their attack on the London market the air has been filled with claim and counterclaim about their level of success

View archive

LISA BUCKINGHAM, FINANCIAL MAIL EDITOR

A chance to punish the dividend cutters

Lisa Buckingham, Financial Mail Editor

Fear must be stalking the corridors of our big pension funds and insurance groups. Companies imposing dividend cuts - or waiving the payout altogether - are being allowed a pretty free ride.

View archive

MIDAS SHARE TIPS

Profit poised to rise 24% at booming G4S

Midas share tips

The recession could be good news for G4S, the world's largest security company

View archive

DAN ATKINSON, ECONOMICS EDITOR, FINANCIAL MAIL

Treasury's time tunnel trip

Dan Atkinson, Economics Editor, Financial Mail

If we really are living through the biggest economic emergency since the Thirties, why bother to reassure the markets?

View archive

JEFF PRESTRIDGE, FINANCIAL MAIL PERSONAL FINANCE EDITOR

Playing safe is number-one priority

Jeff Prestridge, Financial Mail Personal Finance Editor

Whether Alistair Darling's £20bn gamble to lift the economy out of recession will be a spectacular success - or failure - remains to be seen

View archive

TONY HETHERINGTON: READERS' CHAMPION

Hetherington: I'll keep a watch on failed broker

Tony Hetherington: Readers' champion

Financial Mail's ace investigator comes across some familiar names in a familiar stroy of shares mis-selling

View archive



FMWF | Loot | Jobs | Homes & property | London jobs | FindaProperty.com

Used car search | Primelocation.com | Educate London | All sites

FIND THE BEST DEALS FOR YOU

Don't want to go

Stay warm, eat well, pay less

Do you want to save £200 for nothing?

Yes:

No:

Read our guide to cheaper bills

Broadband checker

Are you paying too much for your internet?

Enter your post code: