A new report has warned an ‘oil crunch’ looms on the global horizon, unless there is a dramatic reduction in demand.
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FTSE 100 stabilises
The FTSE 100 maintained its position today flirting with the 5,500 mark.
BA executives charged with price fixing
Three former British Airways executives and one current employee face the threat of jail after being charged with price fixing.
Global insurance firm crunched
Global insurance companies today announced losses and profits slumps as the credit crunch starts to bite the industry.
Interest rates put on hold
Homeowners struggling through the credit crisis were given no relief today when the Bank of England held interest rates at five per cent for the fourth month in a row.
FTSE 100 heads back over 5,500
The FTSE 100 broke the 5,500 barrier this morning – rising 0.65 per cent to 5,522.00 at 9:47 BST.
Friends Provident profits down 20%
Friends Provident today reported a 20 per cent drop in profits for the first half of the year.
Halifax: House prices down 8.8%
House prices in the UK have continued to fall, according to the latest House Price Index from the Halifax.
IMF cuts UK growth forecast
The International Monetary Fund (IMF) has cut its growth expectation for the UK economy over the next two years.
More Stories…
- Barclays profits slip 33%
- Parents’ pensions paying for university
- Market awaits MPC interest decision
- FTSE 100 up 0.59%
- Fresh food prices up 11%
- Store opening will create 150 jobs
- ITV profits down by 28 per cent
- Xstrata offers £5bn for Lonmin
- Standard Life profits up 51%
- Job placements plummet
- FTSE maintains yesterday’s gains
- Brewery business hit by slump
- Confidence falls to record levels
- Fed holds fire on interest rates
- FTSE 100 rocks up 2%
- Bluetongue zone set to widen
- FTSE stable despite financial turmoil
- Legal & General sees profits rise
- New help for vulnerable workers
- Northern Rock reports £585m loss
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