Business News
Dubai debt default fears a 'setback' new
Gordon Brown today said fears over a major debt default in Dubai were worrying but insisted they would not knock the global recovery off course.
Inside Business News
Traders 'panic' as LSE hit by double whammy
Friday, 27 November 2009
London Stock Exchange goes down in midst of sell-off sparked by Dubai
Dubai debt shock knocks £14bn off bank shares
Friday, 27 November 2009
Britain is in the front line as fears grow over exposure to the Gulf emirate's financial problems. Sarah Arnott reports on a day that sent global stock markets reeling.
2,000 jobs go as more First Quench stores close new
Friday, 27 November 2009
Administrators of Threshers' owner First Quench today announced the loss of more than 2,000 jobs following another raft of store closures.
Daily Mail group cuts ease fall in profits
Friday, 27 November 2009
Newspaper publisher beats expectation, sparking predictions of 'green shoots'
Bolton puts off retirement to run new China fund
Friday, 27 November 2009
Veteran Fidelity guru says Western economic recovery is faltering
Dubai expansion fuelled by years of cheap money
Friday, 27 November 2009
Worries over Dubai's ability to pay its debts come after years of expansion fuelled by cheap money - bringing a huge potential headache for UK banks.
Vauxhall to avoid job losses at Ellesmere
Friday, 27 November 2009
The British motor industry enjoyed its best news in many months yesterday, when GM Europe's new chief executive, Nick Reilly, offered an assurance that there will be no closure or job losses at Vauxhall's Ellesmere Port plant in Merseyside, and that it would be moving to three-shift production, utilising its full capacity.
Jobless total will continue to rise, says Darling
Friday, 27 November 2009
Retailers see hopeful signs for beginning of Christmas season
Borders UK collapses putting 1,150 jobs at risk
Friday, 27 November 2009
Borders UK, the beleaguered bookseller, collapsed yesterday afternoon after a day of high drama in which the accountancy firm originally lined up as administrator walked away over a "conflict of interest".
Evening Standard set to close midday edition
Friday, 27 November 2009
The London Evening Standard, which went free last month in an attempt to lift revenues, has axed its early edition with about 20 jobs set to go.
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• Steve Richards: The real reasons why Blair went to war
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