Lloyds mounts £12bn HBOS rescue
Lloyds TSB has announced details of its £12bn takeover of HBOS, effectively a rescue deal. The buyout values HBOS shares, which have plumetted over the last few days to a closing price yesterday of 147.1p, at a generous 232p each. The resulting group will hold one third of... [continued]
The Business Pages: today's top stories 
People: Lloyds’s Eric Daniels, the quiet American
HBOS: Lloyds rides to the rescue
Lehman exposes Wall Street's moral bankruptcy
Israel poised for woman PM
Tzipi Livni, Israel's foreign minister, has won an election to become the leader of her party, Kadima, setting her on course to be the first female Israeli PM for 30 years. Results released early this morning give Livni 43.1 per cent of the vote, just ahead of transport minister Shaul... [continued]
Philip Jacobson: can Livni repair the damage done by Olmert?
Alan Milburn calls for ‘change’
Former Health Secretary Alan Milburn has called for "a message of change" from the Labour Party in a pamphlet which is being seen by some comentators as coded criticism of Gordon Brown. Published days before the party conference is due to begin, the pamphlet for the think tank Progress says... [continued]
The Mole: David Cairns walks out on Brown - will others follow?
John Reid: Labour plotters' secret weapon
Polls favour Obama on economy
Democrat presidential candidate Barack Obama has edged ahead of his Republican rival John McCain, according to the latest major poll of US voters. The poll, conducted by CBS News and the New York Times, puts Obama on 48 per cent, with McCain on 43, in what some analysts see as... [continued]
Alexander Cockburn: is there hope amid the rubble for Obama?
US Election 2008: McCain and Palin slip up in the growing economic gloom
Peregrine Worsthorne: McCain's choice of Palin is inexcusable
Rwanda: majority of MPs women
Women will outnumber men in Rwanda's parliament, making the African state the first country with more female than male MPs. Election results are still being counted, but there are already 44 confirmed female MPs, out of the country's total of 80 seats. Rwanda already held the record for the... [continued]
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