Sunday, 9 May 2010

Alistair Darling trapped in euro deal

Chancellor to consult directly with George Osborne and Vince Cable as European leaders looked poised to push through a new bail-out fund.

08 May 2010

Low British interest rates likely to remain

The Bank of England's Monetary Policy Committee (MPC) is expected to leave interest rates on hold at a historic low.

08 May 2010

Eurozone leaders agree Greek crisis plan

Leaders agree emergency measures to calm markets rattled by debt contagion fears.

08 May 2010

1974 doesn't look any better second time around

Last time there was a hung parliament, Britain was drowning in debt, the global economy was rocky and the workers were revolting. Sound familiar?

07 May 2010

Can the Tories and Lib Dems find common ground?

Concessions on economic policy, more than any other, will be painful for both parties.

07 May 2010

Hung parliament sparks market chaos

The pound plunged up to 4½ cents on the dollar as the prospect of coalition Government prompted investors to ditch UK assets.

07 May 2010

Markets are in no mood for horse-trading

Whether it was the pall cast by theGreek sovereign debt crisis, or merely cold, hard reality biting, Friday's hung parliament could hardly have gone down any worse.

07 May 2010

Put economy first, business warns leaders

British businesses have appealed to all the parties for swift and decisive action to end the political uncertainty amid continued confusion in the markets.

07 May 2010

UK markets wilt on hung parliament blues

British shares tumbled, the pound fell sharply and gilts seesawed as investors grappled with uncertainty.

07 May 2010

New car sales rise for tenth month

New car sales rose in April 2010 for a 10th successive month.

07 May 2010

Spain scrapes out of recession

Spain scraped out of recession in the first quarter, the central bank said Friday, becoming the last major world economy to return to growth but analysts warned any upturn could be short lived.

07 May 2010

Election results could be legally challenged

Hundreds of prospective voters shut out of polling stations on the dot of 10pm, despite some having queued for hours.

07 May 2010

Moody's says hung parliament no direct threat to Aaa rating

The outcome of the UK general elections does not directly threaten the UK government's Aaa rating, says Moody's.

07 May 2010