Chief executive quits amid news that ‘external support’ may be needed to plug £1bn hole in balance sheet
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Tuesday 06 November 2012
Suffolk County Council has agreed a multimillion pound deal with the private sector to take over its care homes amid fresh calls for financial regulation to protect elderly residents and the taxpayer.
Thursday 18 October 2012
Spain won more breathing space from international investors, as it escaped having its debt cut to junk by a leading credit rating agency yesterday.
Wednesday 17 October 2012
Rising speculation that Spain
will soon ask for outside help to keep a lid on its borrowing costs has
helped ease the pressure on the country in financial markets.
Wednesday 25 July 2012
Germany's economic might showed worrying signs of wilting yesterday as the country reported the biggest collapse in private-sector output in more than three years.
Wednesday 25 July 2012
Germany's economic might showed worrying signs of wilting in the face of Europe's debt crisis yesterday after the biggest collapse for the nation's private sector in more than three years.
Saturday 14 July 2012
Italy's credit rating cut by Moody's
Friday 13 July 2012
Italy passed a tough market test today as its three-year borrowing costs fell well below 5 per cent at an auction hours after Moody's cut the country's rating to two notches above junk status.
Thursday 05 July 2012
A leading credit ratings agency today downgraded Barclays’ outlook to negative in the wake of Bob Diamond's resignation and continuing turmoil at the bank.
Friday 29 June 2012
The British arm of Spanish banking giant Santander yesterdayday suffered a blow as it faced a downgrade by a leading credit-ratings agency.
Saturday 23 June 2012
US Outlook: Arbitrary! Backward looking! Completely unwarranted! Complaining by the banks downgraded by Moody's started the second the rating agency's actions hit the wire late on Thursday night. Citigroup sounded especially aggrieved at the two-notch cut to its credit rating, but all the affected institutions rushed out statements to assert that they have never been safer.
Friday 22 June 2012
Some of the world's biggest banks – including Barclays, HSBC and Royal Bank of Scotland – had their credit ratings downgraded last night as a result of the eurozone crisis.
Thursday 21 June 2012
Some of Britain's biggest banks are reportedly facing credit rating cuts as early as tonight in a move which will stretch lenders' already taut finances.
Sunday 08 April 2012
Thursday 22 March 2012
A Budget-day borrowing blow for Chancellor George Osborne yesterday underlined the scale of his deficit-cutting task despite slightly better news on growth from his independent forecaster.
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- 2 'Sickening, deluded and unforgivable': Horrific attack brings terror to London’s streets
- 3 Grace Dent: I’m not sure how these people can avoid being called ‘bigots’. And the more ‘civilised’, the worse they are
- 4 Ingrid Loyau-Kennett, the mother-of-two hailed as a hero for confronting Woolwich attackers, thought: 'better me than a child'
- 5 Woolwich attack: The EDL will seek to exploit this evil crime for their own evil ends
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