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Latest United Kingdom Financial News

  • U.S. works on bank plan, IMF warns of further market fall 11 Oct 2008 10:53 GMT
    ... WASHINGTON/LONDON (Reuters) - The U.S. government pushed on Saturday ... of Seven stopped short of backing a British plan to guarantee lending between banks, something ... the U.S. government would buy shares of financial institutions if necessary to halt market turmoil ...

  • Brown's flawed war plan 11 Oct 2008 10:52 GMT
    ... The financial crisis affords Mr Brown the chance to ... rule of law. There are laws, both British and international, to deal with corporate bankruptcy ... this action leave the status of the UK as a place to do business? Must executives now ...

  • G7 to stem meltdown 11 Oct 2008 10:52 GMT
    ... Washington/New York - Finance chiefs of the world's rich nations pledged ... moves would be similar to measures that Britain has announced to put money into struggling ... The G7 stopped short of backing a British plan to guarantee lending between banks, something many on ...

  • U.S. works on bank plan as IMF warns of further mkt fall 11 Oct 2008 10:51 GMT
    ... as IMF warns of further mkt fall WASHINGTON/LONDON (Reuters) - The U.S. government pushed on Saturday ... of Seven stopped short of backing a British plan to guarantee lending between banks, something ... zone countries and the European Central Bank," Britain is not a member of the euro ...

  • Mugabe to retain control of army and police 11 Oct 2008 10:51 GMT
    ... resolve a dispute over the ministry of finance. Tsvangirai declared a deadlock in the discussions ... Mugabe, 84, who has led the former British colony uninterrupted since independence in 1980. However the ... country's economic woes on sanctions imposed by Britain and its allies after he allegedly rigged ...

  • British Learning To Buy Florida Properties at Online Auction 11 Oct 2008 10:50 GMT
    ... for more >> London, UK, October 11, 2008 -- In order to help British property buyers get to grips with the growing trend in online property auctions an ...

  • Barclays to cut 3,000 11 Oct 2008 10:40 GMT
    ... LONDON (Fortune) -- Barclays PLC will cut about 3,000 ... Fortune has learned. In September, the third-largest British bank acquired Lehman operations that include fixed ... billion of losses to record, making Barclays Britain's "least well-capitalized bank," investment bank Dresdner Kleinwort ...

  • Charities see £120m frozen in Iceland bank collapse 11 Oct 2008 10:25 GMT
    ... charity group leaders amid an estimate that British organisations may have £120m tied up with ... rising levels of social need. Many of Britain's biggest charities such as Age Concern, Cancer ... tied up in the banks or their UK subsidiaries were desperately trying to seek assurances that ...

  • Fear continues to paralyze the world's financial markets 11 Oct 2008 09:51 GMT
    ... Fear continues to paralyze the world's financial markets By Jeannine Aversa | AP Economics ... day. It was no better overseas. Great Britain's FTSE index ended below the 4,000 level ... confidence in financial markets," he said. The British, who recently announced a plan to guarantee billions of ...

  • U.S. to take stake in banks 11 Oct 2008 09:51 GMT
    ... program to purchase stock in private U.S. financial firms will be open to a broad ... It was even worse overseas on Friday. Britain's FTSE index ended below the 4,000 level ... and the World Bank in Washington. The British, who recently announced a plan to guarantee billions of ...

  • Talks fail to save former dressmaker to the Queen 11 Oct 2008 09:50 GMT
    ... The group has six outlets across the UK and is also stocked in dozens of ... men's shop at 14 Savile Row, central London, which is still the group's flagship store. ... the credit crunch has meant this celebrated British business has struggled to survive.” Keep up ...

  • Saturday, October 11, 2008 11 Oct 2008 09:50 GMT
    ... Here's how I'd save money for Britain THE country is in financial crisis and Britain owed about £49billion long ... the European Union, ending the need for British MEPs. Disband the 'elf and safety executive and all ...

  • G7 Vows To Melt Deep Freeze 11 Oct 2008 09:31 GMT
    ... of Seven stopped short of backing a British plan to guarantee lending between banks, a plan that ... of turmoil and growing panic on the financial markets. "The G7 agrees today that the ... and exceptional action," said the representatives of Britain, Canada, France, Germany, Italy, Japan and the ...

  • Super-rich scramble for £1.2m supercar 11 Oct 2008 09:30 GMT
    ... THE seriously wealthy are ignoring the global financial crisis by scrambling to buy the new ... growing financial gloom has left most of Britain shaken, the 200mph supercar has stirred more ... always been seen as the stylish, quintessential British sports car firm. Prince Charles is a fan, ...

  • Feds to buy stake in banks 11 Oct 2008 09:30 GMT
    ... program to purchase stock in private U.S. financial firms will be open to a broad ... credit crisis in decades. Earlier this week, Britain had moved to pour cash into its ... and the World Bank in Washington. The British, who recently announced a plan to guarantee billions of ...


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