Brown defends borrowing and VAT cut
16.56 Sun Nov 23 2008
Gordon Brown has defended his plan to inject billions of pounds of borrowed money into the economy to try to stave off a deep recession.
Obama to confirm Geithner post
Reuters
10.43 Sun Nov 23 2008
President-elect Barack Obama is expected to announce the appointment of Timothy Geithner as his Treasury Secretary.
World News (Lunchtime) for November 22nd, 2008
16.03 Sat Nov 22 2008
Obama pledges 2.5 million new U.S. jobs - British militant reported dead
FTSE ends at 3875
18.01 Thu Nov 20 2008
More than £31 billion was wiped off the UK's biggest companies after blue-chip stocks took a fresh pounding on global recession fears.
CBI warns over 'deep recession'
23.36 Mon Nov 17 2008
The recession will be "deeper and longer" than previously thought, the CBI business group has said.
Eurozone plunges into recession
Reuters
20.20 Fri Nov 14 2008
The Eurozone has entered recession, official figures have shown.
Recession in Germany confirmed
10.08 Thu Nov 13 2008
Germany - Europe's largest economy - has announced it is in recession for the first time in five years.
Migrant worker crackdown call
13.51 Mon Nov 10 2008
Immigration rules should be tightened during the economic downturn, a group of MPs has said.
Song for a six pence
17.27 Sat Nov 01 2008
A group of construction workers in Canary Wharf are trying to sing their way out of the recession.
FTSE ends 2% higher
17.24 Fri Oct 31 2008
The FTSE 100 has ended 2 per cent higher after a burst of late trading which helped offset declines from BT and Barclays.
FTSE ends higher
17.23 Thu Oct 30 2008
The FTSE 100 has ended the day higher in relatively quiet trading after soaring 8 per cent during the previous session.
FTSE ends 8% up
18.29 Wed Oct 29 2008
The FTSE 100 finished the day more than 8 per cent higher on hopes of an interest rate cut in the US.
Another rollercoaster ride for sterling
17.15 Mon Oct 27 2008
Sterling has plummeted in value as another rollercoaster week begins on the financial markets.
FTSE fights back from fresh lows
17.10 Mon Oct 27 2008
The FTSE 100 finished the day in the red but fought back from fresh five-year lows as concerns about a global recession continue.
Oil prices hit fresh low
11.12 Mon Oct 27 2008
Oil has fallen to a new 17-month low, below $62 a barrel, amid pessimism about the global economy and its possible impact on fuel demand.
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.
FTSE ends week deep in the red
17.27 Fri Oct 24 2008
The FTSE 100 has ended the week deep in the red after bleak UK economic news and a shares plummet on Wall Street.
FTSE closes at 4087.83
17.16 Thu Oct 23 2008
The FTSE 100 index overcame recession fears to close up 46.94 points at 4087.83 after a late session boost from Wall Street.
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.
Brown warns of coming recession
23.47 Wed Oct 22 2008
Prime Minister Gordon Brown has admitted Britain is likely to slip into recession as a result of the global economic downturn.
FTSE ends 4.5% lower as US tumbles
17.21 Wed Oct 22 2008
The FTSE 100 has ended the day deep in the red after Wall Street tumbled on continued global recession fears.
Government moves to stem repossessions
13.30 Wed Oct 22 2008
New guidance is being given to courts in a bid to halt repossessions as Britain heads into recession.
Unanimous approval for rate cut
09.51 Wed Oct 22 2008
Members of the Bank of England's Monetary Policy Committee (MPC) unanimously voted in favour of the emergency 0.5 per cent rate cut.
Brown defends soaring borrowing
22.30 Mon Oct 20 2008
Borrowing soared to a record high in September as the nation's finances came under more pressure.
Late surge sends FTSE 100 higher
17.11 Mon Oct 20 2008
The FTSE 100 has finished the day almost 6 per cent higher on the back of strong gains from banks and oil companies.
Parts of the US in 'recession'
19.02 Sun Oct 19 2008
Parts of the United States seem to be in recession, President Bush's top economic adviser said.
'Days of soft-touch regulation are over'
09.35 Fri Oct 17 2008
The City's days of soft-touch regulation are over, the head of the UK's financial watchdog has warned.
BCC: 'UK already in recession'
22.27 Tue Oct 07 2008
The UK is already in recession and may be facing a prolonged downturn, the British Chambers of Commerce (BCC) has warned.
EU increases savings guarantee
17.58 Tue Oct 07 2008
Europe's finance ministers have agreed an EU-wide guarantee for savers of 50,000 euros (£38,900).
Mandelson return 'a masterstroke'
19.04 Fri Oct 03 2008
New Labour architect Peter Mandelson is reportedly set to make a shock return to the Government.
Further credit squeeze over coming months
10.14 Thu Oct 02 2008
Banks and building societies will cut lending further to households and businesses in the coming three months, the Bank of England says.
FTSE closes in positive territory
22.24 Tue Sep 30 2008
The FTSE 100 has finished the day in positive territory after stock markets plummeted when the $700 billion US bail-out plan was rejected.
Worst quarterly growth for 16 years
11.30 Tue Sep 30 2008
The UK economy has had its worst quarterly performance for 16 years with figures showing zero growth in the second quarter of 2008.
Celtic tiger tamed by credit crunch
15.59 Thu Sep 25 2008
New figures have shown Ireland has officially fallen into recession.
World News (Evening)
16.16 Tue Sep 16 2008
Stock market chaos - Petraeus hands over power in Iraq - Ukraine coalition collapses
UK manufacturing output falls again
11.18 Tue Sep 09 2008
Official data has shown the manufacturing output in the UK fell for the fifth straight month in July.
Interest rates held at 5%
13.09 Thu Sep 04 2008
Interest rates have been kept on hold at 5 per cent despite calls for a cut to combat growing recession fears.
MPC mulls interest rate move
14.17 Wed Sep 03 2008
The Bank of England's nine-strong Monetary Policy Committee (MPC) is holding two days of talks on interest rates as recession looms.
UK in recession by second half of 2008
11.04 Tue Sep 02 2008
The UK economy will fall into recession during the second half of this year, a global think-tank has said.
Economy grinds to a halt
12.34 Fri Aug 22 2008
The economy ground to a halt between April and June, official figures have shown.
'Recession within a year'
15.34 Mon Aug 18 2008
Business leaders have predicted Britain's economy will enter a recession in the coming year.
Sterling falls on UK recession fears
11.41 Thu Aug 14 2008
Holidaymakers heading abroad are facing a weaker pound after sterling fell on fears of a possible UK recession.
RBS is expected to release historically bad figures
02.34 Fri Aug 08 2008
One of the UK's biggest banks could set a new record for losing money.
UK economy slowing
10.45 Fri Jul 25 2008
Economic growth is at its slowest for three years, according to new figures.
M&S shareholders fail to back chairman's role
17.23 Wed Jul 09 2008
More than one in five Marks & Spencer shareholders have refused to back the controversial dual role of boss Sir Stuart Rose.
M&S boss faces shareholder rebellion
08.18 Wed Jul 09 2008
Marks & Spencer chief executive Sir Stuart Rose faces the prospect of a humiliating shareholder rebellion at the firm's annual meeting.
'Serious' UK recession warning
22.29 Tue Jul 08 2008
Britain is "at serious risk" of recession as the credit crunch continues to tighten its grip on the economy.
Fears over manufacturing recession
15.47 Fri Jan 11 2008
Figures showing a fall in manufacturing production for November have prompted fresh warnings of a recession in the sector.
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