Lost society
Posted in: Finance, By: admin, At: September 30th, 2008
Why turning building societies into banks failed
Tories pledge council tax freeze
Posted in: Finance, By: admin, At: September 30th, 2008
Shadow chancellor George Osborne says a Conservative government would bring in a two-year council tax freeze.
Unions backing Alitalia rescue
Posted in: Finance, By: admin, At: September 30th, 2008
A 1bn-euro bail-out of Italian airline Alitalia wins the support of the last two unions who had been opposing the deal.
Hypo shares crash after loan deal
Posted in: Finance, By: admin, At: September 30th, 2008
Shares in German lender Hypo Real Estate tumble after a loan from a consortium of banks.
Mortgage lending slumps says Bank
Posted in: Finance, By: admin, At: September 30th, 2008
Mortgage lending collapsed in August, according to the latest figures from the Bank of England.
Robert Peston
Posted in: Finance, By: admin, At: September 30th, 2008
We have had bad days, worse days and today
Euro bank Fortis admits mistakes
Posted in: Finance, By: admin, At: September 30th, 2008
The new boss of the European bank Fortis which has been partly nationalised says it made some decisions at the ‘wrong moment’.
Citigroup to buy US bank Wachovia
Posted in: Finance, By: admin, At: September 30th, 2008
Wachovia, the fourth-largest US bank, is being bought by larger rival Citigroup in a rescue deal backed by US authorities.
Zimbabwe issues new notes
Posted in: Finance, By: admin, At: September 30th, 2008
The Zimbabwean government issues higher denomination banknotes to tackle a shortage of cash.
Iceland nationalises Glitnir bank
Posted in: Finance, By: admin, At: September 30th, 2008
The Icelandic government takes control of the country’s third largest bank, Glitnir, after it faced short-term funding problems.
