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Fed Loans To Financial Markets Total $559.5 Bln Latest Week
Fed Loans To Financial Markets Total $559.5 Bln Latest Week
David Prosser: It's not how big the bonus is, but how you hand it out

Wouldn't it be lovely to characterise the decision by Goldman Sachs executives to give up their bonuses as a triumph for the millions of mere mortals who have been enraged by the staggering awards paid to investment bankers? Would that it were so, but the reality of the Goldman affair is more spin than substance.

Bank voted 9-0 for 1.5% cut in rates

Bank of England rate-setters voted unanimously to slash interest rates to a 53-year low two weeks ago, it was revealed today.

Yugo gone
Serbia's iconic vehicle finally runs out of road
T-Mobile boss warns that cheaper SIM-only deals will rise

Sales of SIM card only mobile phone price plans are set to surge in the coming year as customers postpone upgrading, Jim Hyde, the UK chief executive of T-Mobile, has warned.

Sir Stelios may return as easyJet chairman in row over strategy

The founder of easyGroup, Sir Stelios Haji-Ioannou, yesterday threatened to reinstall himself as chairman of easyJet during a row about the airline's growth strategy.

Small-cap miners 'devastated' by credit crunch

The toxic combination of falling commodity prices and the global financial crisis is wreaking havoc on small-cap energy companies in the oil, gas and mining sectors.

Rock makes Damascene conversion on repossessions

Northern Rock has undergone a Damascene conversion over its treatment of mortgage customers in arrears, a debt charity has said.

Consortium told £950m Trillium buyout will be 'over by Christmas'

Land Securities, the FTSE 100 property giant, has told the consortium bidding for its Trillium outsourcing division that it hopes to conclude the £950m deal around Christmas.

The mission impossible to keep HBOS independent

Victory for the Scottish National Party (SNP) at the Glenrothes by-election was to have been the springboard for two fiercely patriotic Scottish grandees, Sir George Mathewson, formerly the chief executive at Royal Bank of Scotland, and Sir Peter Burt, who filled the same role at Bank of Scotland in the 1990s, to begin their campaign to wrestle Halifax Bank of Scotland (HBOS) from the clutches of Lloyds TSB.

UK borrowing rise 'is necessary'
The government says it is "right to increase borrowing" as figures show public debt rose by £1.4bn last month.
National Grid profit rises in US
UK utility National Grid reports a 4% rise in half-year profit and gave a positive forecast.
Man behind the putsch:'I'm the forward guard for a much bigger machine'

Stefan Allesch-Taylor left school at 18 and entered stockbroking. It was Black Monday in 1987 and he admits that for five years he thought he had caused the stock market crash. Now he is advising the would-be managers of HBOS on how they can help the bank survive an even greater crash.

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