EPL
12.23 Tue Nov 11 2008
Arsenal set to play youngsters against Wigan - Arshavin linked with Madrid
Brown urges trade deal agreement
10.26 Tue Nov 11 2008
Gordon Brown has called for a world trade deal to be struck "over the next few days" to help tackle global economic problems.
HSBC suffers £383m credit-crunch hit
11.52 Mon Nov 10 2008
Banking giant HSBC said it has suffered another £383 million credit-crunch hit.
Brown tax cut rumours
22.56 Sun Nov 09 2008
Speculation is growing that Gordon Brown is planning a £15 billion tax cut to boost the economy.
BA reports sharp fall in profits
20.11 Fri Nov 07 2008
British Airways has reported a sharp fall in profits after the airline was hit by rising fuel costs.
FTSE closes at 4272.4
17.32 Thu Nov 06 2008
A shock 1.5 per cent cut in the interest rate saw the FTSE 100 Index plummet by 258.3 points at 4272.4.
Pressure for biggest rates cut since 1993
07.08 Wed Nov 05 2008
Bank of England rate-setters are meeting under pressure to deliver the biggest cut in interest rates for more than 15 years.
Drop in RBS earnings
09.17 Tue Nov 04 2008
Royal Bank of Scotland has reported an 8 per cent drop in underlying earnings so far this year.
HBOS acquisition 'on track'
08.47 Mon Nov 03 2008
HBOS and Lloyds TSB have insisted their tie-up is on track, after HBOS revealed a further £2.72 billion hit from the credit crunch.
Talks held over HBOS bid
16.02 Sat Nov 01 2008
Scottish Secretary Jim Murphy has had talks with a leading businessman about the possibility of a second bid for HBOS.
Osborne attacks Brown's borrowing plans
14.57 Fri Oct 31 2008
Shadow chancellor George Osborne has attacked the Government in a speech about the looming recession.
Brown calls for petrol price drop
12.13 Fri Oct 31 2008
Gordon Brown has said the price of petrol at the pumps should be coming down faster.
Japan cuts rates amid credit crunch
09.56 Fri Oct 31 2008
Japan has cut interest rates for the first time in seven years and warned severe conditions in the global economy could persist.
Lend to small business' Brown urges banks
17.29 Thu Oct 30 2008
Gordon Brown has called on the banks to keep lending to small businesses despite the global credit crunch.
Darling vows to rebuild public finances
13.51 Thu Oct 30 2008
Alistair Darling has pledged to rebuild the public finances once the current financial "shocks" are over.
Evening world news
16.34 Wed Oct 29 2008
Pakistan quake funerals begin - Election poll favours Obama - Congo fighting fears - Kim Jong-Ill health fears
IMF 'needs more money' warns Brown
20.26 Tue Oct 28 2008
Gordon Brown has warned that the International Monetary Fund needs more money to prevent the financial crisis from spreading.
Iceland's interest rate soars to 18%
10.50 Tue Oct 28 2008
Iceland's central bank has raised interest rates by a massive 6 percentage points to 18 per cent.
World News
06.11 Tue Oct 28 2008
Skinheads plot to assassinate Obama - Syrians attend civilians funeral - Palestine says peace 'can't be secured' this year.
Caprice talks business
13.34 Sat Oct 25 2008
Model and TV personality Caprice Bourret has revealed what she is going to do next business-wise.
Recession looms as economy shrinks
20.21 Fri Oct 24 2008
Recession appears inevitable after the British economy shrank by 0.5 per cent between July and September.
Treasure chest on display
12.18 Fri Oct 24 2008
Diamonds are a girl's best friend this Christmas with the launch of a £3.15 million jewel-encrusted bra.
Treasure chest on display
08.26 Fri Oct 24 2008
Diamonds are a girl's best friend this Christmas with the launch of a jewel-encrusted bra.
JCB workers vote for pay cut
15.17 Thu Oct 23 2008
Thousands of JCB workers have voted to accept a £50-a-week pay cut to save 350 jobs.
Mortgage approvals down 57% year-on-year
09.35 Thu Oct 23 2008
The number of mortgages approved for house purchase in September is 57 per cent down on a year ago, figures have shown.
US to host global financial summit
15.43 Wed Oct 22 2008
The first global summit on the economic crisis and reform of the financial system will be held next month the White House has said.
Concern over N Rock staff bonuses
12.12 Wed Oct 22 2008
Northern Rock staff could earn 60 per cent of their annual salary in bonuses over the next few years.
Pietersen puts jackpot in perspective
15.07 Mon Oct 20 2008
Kevin Pietersen has told his England players not to celebrate if they win $20 million while the financial markets are in turmoil.
Bollywood Insider - Exclusive with Ajay Devgan!
15.41 Fri Oct 17 2008
Ajay Devgan exlcusive!
Is the global credit crunch is having an impact on art?
06.57 Wed Oct 15 2008
Is the global credit crunch is having an impact on art?
World News (Morning) for October 15th, 2008
06.16 Wed Oct 15 2008
EU leaders in crunch Brussels meeting - Obama and McCain in TV debate - 'Progress' in Zimbabwe talks
Art sale during credit crunch
23.52 Tue Oct 14 2008
Christie's auction house will find out if the global credit crunch is having an impact on the sale of pieces of art this week.
BoE move to free up frozen accounts
22.59 Mon Oct 13 2008
Britain is to loan Iceland's Landsbanki up to £100 million to help thousands of UK savers whose cash has been frozen in accounts there.
'Green set for Baugur takeover'
09.53 Mon Oct 13 2008
Sir Philip Green is reportedly close to snapping up the debts of Icelandic investor Baugur over fears for thousands of UK retail jobs.
Councils to meet over Iceland crisis
13.13 Sun Oct 12 2008
Council representatives are preparing to meet the Iceland ambassador over the £800 million they have invested in the country.
Councils to meet over Iceland crisis
08.45 Sun Oct 12 2008
Council representatives are preparing to meet the Iceland ambassador over the £800 million they have invested in the country.
City fears bail-out figure falls short
14.22 Thu Oct 09 2008
A massive cash injection into the banking system may not be enough to end the current financial turmoil, analysts have warned.
Taxpayers to fund banking bail-out
21.33 Wed Oct 08 2008
The Government has confirmed it is pumping new capital into Britain's banks and building societies as part of a rescue package.
West Ham reassure fans over funding
12.01 Wed Oct 08 2008
West Ham insist a banking crisis in Iceland will not affect the club.
FA chairman warns clubs over debt
10.17 Wed Oct 08 2008
FA chairman Lord Triesman believes clubs should review their wage structures to cope with the credit crunch.
Darling to announce rescue plan
23.47 Tue Oct 07 2008
Alistair Darling is to announce a comprehensive rescue package for Britain's embattled banks on Wednesday.
Cash crisis talk batters bank shares
19.44 Tue Oct 07 2008
The banking sector has been battered on the London Stock Exchange over reports leading lenders went begging to the Chancellor.
Brown's warning to 'irresponsible' banks
23.02 Mon Oct 06 2008
Gordon Brown has warned the Government is ready to take action to prevent "irresponsible risk-taking" by banks.
Northern Rock stops savings products
19.50 Thu Oct 02 2008
The international market turmoil has led Northern Rock to withdraw some of its savings products.
Brown to meet EU leaders over crisis
15.16 Thu Oct 02 2008
Gordon Brown will join other European leaders this weekend for an emergency summit on the global financial crisis.
Britons turn to junk under credit crunch
06.57 Thu Oct 02 2008
A survey has shown people are eating less healthily because of the credit crunch.
Westwood's credit crunch tips
10.23 Wed Oct 01 2008
Vivienne Westwood has offered handy advice to fashionistas who want to beat the credit crunch.
World News (Evening)
16.34 Mon Sep 29 2008
US Senate to vote on bail-out - Five people killed in Lebanon bomb - China braced for typhoon
UK shockwaves over Fortis rescue
13.41 Mon Sep 29 2008
Three European governments have been forced to nationalise Fortis, Belgium's largest retail bank and the UK's third-largest car insurer.
Celtic tiger tamed by credit crunch
15.59 Thu Sep 25 2008
New figures have shown Ireland has officially fallen into recession.
Retail sales fall less than expected
11.44 Wed Sep 24 2008
British retail sales fell for a sixth consecutive month in September but the fall was less than analysts had expected.
HBOS extends losses
16.02 Tue Sep 16 2008
Shares in Halifax Bank of Scotland have continued to nosedive after it found itself the biggest casualty of the Lehman Brothers collapse.
Morrisons meets forecasts
07.50 Thu Sep 11 2008
Morrisons has said its value ranges had helped it bring in half a million more customers every week.
Credit crunch 'could last 18 months'
17.17 Sat Sep 06 2008
The credit crunch could last another 18 months, the head of Britain's largest mortgage provider has said.
Consumer confidence still at record low
11.50 Wed Sep 03 2008
Consumer confidence remained at a record low during August as people worried about the current economic situation and jobs.
Brown and Darling 'rift' denied
22.54 Sun Aug 31 2008
Gordon Brown fully agrees with the Chancellor's dire assessment of the UK economic outlook, a Cabinet minister has said.
Employers 'freezing recruitment plans'
12.16 Sun Aug 31 2008
Three out of four employers are freezing their recruitment plans because of the effects of the economic downturn.
House price drop 'biggest for 18 years'
23.08 Thu Aug 28 2008
House prices are falling at their fastest rate for nearly 18 years as potential buyers stay away from the market, figures have revealed.
Workers fear job losses during crunch
09.18 Thu Aug 28 2008
More than 3 million workers fear they will lose their job in the next year because of the economic slowdown.
Housebuilder's profits plummet 96%
09.14 Wed Aug 27 2008
Housebuilder Taylor Wimpey has said its first-half underlying profits dived 96 per cent to £4.3 million amid the housing market downturn.
Mortgage approvals down 65% year-on-year
09.51 Tue Aug 26 2008
The number of mortgages approved for house purchase in July was almost two-thirds lower than a year ago, figures show.
Housing downturn hits Halifax
10.21 Fri Aug 22 2008
Halifax Estate Agents is closing 53 of its branches as a result of the housing market downturn.
Personal debt exceeds Britain's GDP
09.02 Fri Aug 22 2008
Personal debt in the UK is higher than the income generated by the country as a whole.
HBOS to axe 425 jobs
09.15 Thu Aug 14 2008
HBOS, the country's biggest mortgage lender, is axeing up to 425 jobs amid a shrinking loan market and a drop in house prices.
Bellway profit margins hammered
08.47 Thu Aug 14 2008
Profit margins at Bellway are being chipped away as the housebuilder is forced to slash property prices to help cash-strapped buyers.
'Credit crunch' debuts in dictionary
08.26 Thu Aug 14 2008
The words credit crunch, food miles and wardrobe malfunction have made it into The Chambers Dictionary.
FSA warns of economic downturn
13.56 Sat Aug 09 2008
The Financial Services Authority has warned the financial services industry to brace itself for the possibility of a downturn.
RBS reports losses of £692m
08.42 Fri Aug 08 2008
Royal Bank of Scotland has reported losses of £692 million for the first half of 2008.
Barclays suffers 33% profits slump
10.26 Thu Aug 07 2008
Barclays has suffered a 33 per cent first-half profits slump thanks to £2.8 billion of credit crunch write-downs.
Clinton backs 'big-brained' Brown
10.07 Tue Aug 05 2008
Former US president Bill Clinton has given Gordon Brown his backing, saying he is a man with a "big brain and a good heart".
Insolvencies on the decrease
10.11 Fri Aug 01 2008
The number of people declared insolvent in England and Wales has fallen by 8 per cent during the past year
HBOS takes £1.1bn credit crunch hit
09.28 Thu Jul 31 2008
Halifax Bank of Scotland has taken a £1.1 billion hit from the credit crunch halving underlying interim pre-tax profits.
Mortgage approvals dive
14.21 Tue Jul 29 2008
Mortgage approvals dived by nearly 70 per cent during the past year to hit a new low, figures have shown.
Bush in 'Wall Street got drunk' clanger
10.25 Thu Jul 24 2008
President George W Bush has explained the global credit crunch by saying "Wall Street got drunk".
Sand hotel welcomes guests
16.58 Wed Jul 23 2008
The world's first sand hotel has 'opened' charging its first guests £10 a night.
Firms 'go green' to beat credit crunch
09.52 Tue Jul 22 2008
Companies are focusing on energy efficiency as a cost-saving measure to beat the credit crunch.
Mortgage lending slumps
11.44 Fri Jul 18 2008
Banks and building societies advanced a total of just £23.8 billion during June, the lowest level since February 2006.
Burberry sales continue to boom
10.14 Tue Jul 15 2008
Burberry has continued to see booming sales despite the credit crunch, revealing a 26 per cent hike in first quarter revenues.
JCB announces job cuts
23.18 Mon Jul 14 2008
More than 500 jobs are being axed at digger giant JCB after a "rapid decline" in business.
Holiday costs soar
17.05 Sat Jul 12 2008
The credit crunch has increased the cost of a two-week family holiday by £300.
Pensioners hit by soaring costs
07.39 Sat Jul 05 2008
Pensioners have seen the cost of the goods and services they use soar by more than a third.
Internet users at risk from cyber fraud
10.41 Tue Jul 01 2008
UK internet users are increasingly at risk from fraudsters using financial spam to take advantage of the credit crunch.
ScS shares suspended as talks held
09.11 Mon Jun 23 2008
Shares in struggling furniture retailer ScS Upholstery have been suspended as the company thrashes out a rescue deal.
Bear Stearns pair 'to fight charges'
13.32 Fri Jun 20 2008
Two former Bear Stearns employees have been indicted on conspiracy and securities fraud charges over the collapse of two hedge funds.
House prices 'face fall of 9%'
11.22 Thu Jun 19 2008
Property prices are likely to fall by 9 per cent this year, Halifax Bank of Scotland has warned.
RBS 'very much open for business'
09.37 Wed Jun 11 2008
Royal Bank of Scotland says it is "very much open for business" despite a warning over tougher market conditions.
Nationwide to raise mortgage rates
16.13 Mon Jun 02 2008
Nationwide Building Society said from Tuesday it is increasing the cost of fixed-rate mortgages by up to 0.3%.
Furry victims of credit crunch
07.55 Wed May 21 2008
Dogs and cats are being handed into rescue centres in record numbers because their owners can no longer afford to keep them.
Crunch hits spending habits
10.42 Mon May 19 2008
The credit crunch is forcing almost half of people to change their spending habits, a survey has shown.
Credit crunch hits middle classes
13.15 Sun May 18 2008
A debt advice charity says it cannot cope with demands for help in some of the most affluent parts of the country.
Barclays' £1bn credit crunch hit
10.54 Thu May 15 2008
Barclays has revealed a further £1 billion loss on assets thanks to the credit crunch.
HSBC takes £3bn credit crunch hit
11.10 Mon May 12 2008
Banking giant HSBC has warned of economic recession in the US after announcing an extra £3 billion in credit crunch losses.
RBS launches £12bn rights issue
08.24 Tue Apr 22 2008
The Royal Bank of Scotland is launching a £12 billion rights issue to try to steady its finances.
RBS reports £10.3bn profit
10.08 Thu Feb 28 2008
Royal Bank of Scotland has unveiled profits of £10.3 billion despite suffering more losses in the credit crunch.
Barclays profits slip to £7.08bn
09.33 Tue Feb 19 2008
Banking giant Barclays has posted a dip in profits to £7.08 billion after a £1.64 billion bite from the global credit crunch.
King warns of further credit squeeze
23.57 Thu Nov 29 2007
The Governor of the Bank of England has warned the global credit crunch could get worse.