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'I used my City skills to become a highly efficient house husband'

These days, working for an investment bank is akin to being labelled a child molester. Bankers walk around in public with their heads bowed to avoid meeting new people and facing that dreaded question:"So, what line of business are you in?"

David Prosser: The real housing crisis is still ahead of us

Outlook Britain is facing a housing market crisis – but not the one you've been reading about over the past year as property prices have headed south. Believe it or not, look past the sea of unsold homes cluttering up estate agents' windows and you'll discover that this country faces an acute housing shortage.

David Prosser: The Chancellor's not-so-subtle HBOS message

Outlook Just as the Chancellor fired a warning shot across Barclays' bows yesterday with his Commons statement, so too were Sir Peter Burt and Sir George Mathewson sent a coded message. Mr Darling said any bank seeking public funding would have to meet some pretty basic criteria – demonstrating they had a sustainable business model, sustainable funding and a credible management team.

Bush pushing economy, North Korea progress
... of Lima, ahead of his only formal business of the day, a meeting with Chinese ... not harder," he said. The mood in Washington and in many working-class homes that ...
Motor City: From Motown to no-hope town

It is the same odd realisation that overwhelms you at the great ruins of Central America or ancient Europe, the pyramids of Teotihuacan in Mexico or the labyrinthine streets of Ephesus in Turkey – the sense that a bustling civilisation, a hive of industry, need not even be destroyed to fall into ruin. It can just be abandoned.

The end of Woolies?

Ardeshir Naghshineh, the commercial property investor who owns a 10 per cent stake in Woolworths, is thought to be in talks with another entrepreneur to make a joint bid to buy the high-street chain.

Credit crisis diary: Jamie picks the wrong time to expand

The Diary bows to no one in its admiration for the "naked chef", right, but is it possible that Jamie Oliver's sense of timing has gone awry? Fresh from a gruelling stint persuading the people of Rotherham to eat more healthily, Oliver's next venture will be in a slightly more glamorous location. He plans a trendy new eatery in Canary Wharf. Shame the once-bustling malls beneath Docklands' finest investment banks are now beginning to resemble the south Yorkshire industrial wastelands with which our favourite chef is now all too familiar.

How India caught the world's cold

House prices are plummeting, credit markets have become frozen, business and consumer confidence are collapsing, the auto industry is at a standstill, and the stock market is off more than 50 per cent.

Dow plunges below 8,000 to five-year low

Renewed turmoil on the world's debt markets signalled the credit crisis is far from over, and sent share prices plunging on both sides of the Atlantic.

GM bankruptcy could put thousands Canadians out of work: analysts
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Market update - 17 November

The FTSE 100 was down 80.61 points at 4152.36 while the FTSE 250 fell to 6034.42, down 93.34 points, at 12.20pm.

'Mail' hit by advertising downturn

The owner of the Daily Mail newspaper has axed hundreds of jobs and launched a £100m drive to boost revenues, as it becomes the latest publishing group to feel the grip of the financial crisis.

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