Business News
It's official: eurozone collapses into its first recession
Pressure on ECB to cut rates after Germany and Italy pull down economy
Inside Business News
Dow plunges below 8,000 to five-year low
Thursday, 20 November 2008
New turmoil in global bond markets on commercial mortgage fears
Cowdery to press ahead with Resolution listing in December
Thursday, 20 November 2008
Company targeting asset managers and life insurance
US car makers get frosty reception in bailout plea
Thursday, 20 November 2008
The bosses of the big three US carmakers were lambasted for flying on corporate jets as they came to Washington to plead for money to stave off their companies' bankruptcy.
Deutsche Bank set to cut one in seven trader positions
Thursday, 20 November 2008
Deutsche Bank has become the latest big-name investment bank to cull its workforce, as it prepares to cut 900 jobs, with London and New York set to suffer the worst.
Lloyds TSB shareholders approve HBOS takeover
Thursday, 20 November 2008
Bank union fears loss of 40,000 jobs in tie-up deal
Credit crisis diary: Jamie picks the wrong time to expand
Thursday, 20 November 2008
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.
Barclays bows to investor fury over capital raising
Wednesday, 19 November 2008
The top four executives at Barclays agreed to waive their bonuses for 2008 yesterday after the latest tweak to the terms of the bank's much-maligned refinancing plan failed to stem investor criticism of the package.
Protest ahead of HBOS takeover vote
Wednesday, 19 November 2008
Unions staged a protest today as Lloyds TSB shareholders prepared to vote on the proposed takeover of ailing rival HBOS.
M&S slashes prices to beat downturn
Wednesday, 19 November 2008
Marks & Spencer will tomorrow hold a one-day 20 per cent off sale amid further signs of anxiety over the downturn in consumer spending.
Downturn sees sharp rise in wage freezes
Wednesday, 19 November 2008
The number of manufacturing firms freezing pay or deferring wage increases has risen sharply to almost one in four in the last three months, a new report revealed today.
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EDITOR'S CHOICE
Most popular in Business
Read
2 David Prosser: The buy-to-let dream has turned into a nightmare
3 Dow plunges below 8,000 to five-year low
4 US car makers get frosty reception in bailout plea
5 David Prosser: We're all still waiting to see those lending promises honoured
6 Deutsche Bank set to cut one in seven trader positions
7 Credit crisis diary: Jamie picks the wrong time to expand
8 Lloyds TSB shareholders approve HBOS takeover
9 David Prosser: The jams are no easier this side of the Atlantic
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• Johann Hari: Charles as President? Not in my name
Even if the heir to the throne was a genius, I'd still oppose his right to unelected leadership
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