News Source: The independent
| about 6 hours ago
Sources told The Independent on Sunday this weekend that the Bank was on standby to lend more than double the £62bn because of fears that a number of big depositors were preparing to pull their money out of the UK the following week, as they feared
News Source: The independent
| about 6 hours ago
On both counts, the property speculators, backed with cheap money, got it spectacularly wrong. The suddenness of Dubai World's request for debt standstill on its Islamic bond covering its $80bn (£50bn) debt – also shows that you never know what a
News Source: Times Online
| about 7 hours ago
But the PBR is late — not until December 9 — so there are two Sundays to go. As always with these things, that means a lot of decisions have yet to be taken. But the broad thrust of what Alistair Darling intends to say is taking shape...Last weekâ
News Source: The Scotsman
| 1 day ago
As humans and alpacas alike struggle to keep their footing on the boggy mess that was until recently pristine pasture, the weatherproof jacket decrees that the shoulder areas don't count and a worn-out welly admits a stray thorn from the flailed
News Source: Times Online
| 1 day ago
RBS shareholders, including the State, which has a 70 per cent stake, will today receive an 180-page document detailing its plans for accession to the APS, at the end of what has been a gruelling week for the bank. Shareholders will be asked to
News Source: The Scotsman
| 2 days ago
Banking Group shareholders yesterday voted overwhelmingly in favour of the group's record £13.5 billion cash call, despite angry scenes at a meeting in Birmingham. Shareholders spoke of their shock that the troubled bank had been propped up by a
News Source: The independent
| 2 days ago
UK unemployment will continue to rise, the Chancellor warned yesterday. In a departure from the usual convention that chancellors refrain from attempting to predict the course of the jobless numbers, Alistair Darling told MPs that "although
News Source: Guardian Unlimited
| 2 days ago
More than 99% of shareholders at a special meeting agreed the deal, which will be combined with asset sales and other fundraising to inject £23bn into the bank...He said: "We spent 5,000 man days on due diligence and we had a very good view of the