Britannia Radio

Northern Rock to kickstart lending

Northern Rock, the bank which was taken into Government ownership in 2007, is to start lending money for mortages again. The Newcastle-based lender almost collapsed after a run on its savers' deposits forced it to borrow £27bn from the Bank of England. In return for the state assistance, the... [continued]
MBA: the letters that spell financial ruin at Harvard
The Business Pages

Slumdog sweeps the Oscars with eight awards

Slumdog Millionaire, as widely predicted, was the star of this year's Oscars ceremony in Los Angeles last night, picking up eight awards including Best Picture, Best Direction for Danny Boyle and Best Adapted Screenplay for Simon Beaufoy. Danny Boyle, who also directed Trainspotting and Shallow Grave, accepted his award... [continued]
Film Talk: follow all of our Oscars coverage
Video: Slumdog Millionaire

Police warn of ‘summer of rage’

British police are preparing themselves for a 'summer of rage', as disaffected victims of the economic crisis take to the streets to vent their anger at the Government and the global financial system. Superintendent David Hartshorn, the head of the Metropolitan police's public order branch, has warned that members... [continued]
David Cox: a calamitious recession could lead to public unrest
Matthew Carr: civil unrest is shot across the bows for ruling class
In pictures: riots in Greece

Europe gives $250bn more to IMF

The International Monetary Fund (IMF) is to receive an additional $250bn, doubling its emergency fund for struggling nations, as European leaders wanted to ensure that the worldwide recession didn't turn into a depression. The move, announced by leaders of the big four European economies - Germany, France, the UK... [continued]
The Business Pages
MBA: the letters that spell financial ruin at Harvard

Lord Mandelson faces Cabinet split

Business Secretary Lord Mandelson's plans to axe laws on equality and maternity legislation to help companies could split the Cabinet and lead to mutiny in the Labour party, it is claimed this morning. Lord Mandelson has called for a halt on any measures which increase the red tape for... [continued]
The Mole: Harriet Harman back in her box – but watch out for Alan Johnson

Amnesty urges Israel arms embargo

Human rights group Amnesty International has urged the US president Barack Obama to suspend military aid to Israel, citing its actions during the recent incursion into Gaza. The group, which also called for an embargo to be imposed on Hamas, the notional government of the troubled Middle Eastern statelet,... [continued]