Saturday, 26 November 2011

Financial Crisis

The collapse of Lehman Brothers in September 2008 helped trigger an economic and financial crisis that swept across the globe.


FINANCIAL CRISIS LATEST NEWS

Autumn Statement: the two coalitions go to war

On Tuesday, George Osborne will be making the case for the coalition of the competent against its ragtag rival, says Matthew d'Ancona.

26 Nov 2011

| 3 Comments

A daring idea to fix the economy: try doing less

The Government's solutions to the economic crisis are worryingly reminiscent of Gordon Brown's, saysJanet Daley.

26 Nov 2011

| 19 Comments

America still the best place to find safe-haven stocks

Thanksgiving really was the appropriate word this year. Whatever else our American cousins have to be thankful for, they are particularly grateful that they are safely on their side of the pond right now.

26 Nov 2011

| 4 Comments

Lloyds makes £6m ‘golden hello’ bid

Lloyds Banking Group has entered into negotiations over a possible £6m “golden hello” to release chief financial officer, George Culmer, from his 12-month notice period at insurer RSA Group.

26 Nov 2011

| 1 Comment

It is now becoming clear Germany has had enough of this euro mess

The Anglo-Saxon world is feeling smug this weekend. UK and US policymakers are counting their blessings they’re not directly embroiled in the historic debacle that is the single currency.

26 Nov 2011

| 14 Comments

Spain 'will not apply for international aid'

Spain's conservative Popular Party which won an election last Sunday has denied reports it is considering applying for aid.

26 Nov 2011

| 1 Comment

Autumn Statement: George Osborne's path out of the UK's economics problems

Philip Aldrick reveals the key planks of the Chancellor's growth agenda in this week's Autumn Statement.

26 Nov 2011

| 2 Comments

Government's U-turn on 'auto enrolment' pension plan

The Government is to abandon plans to force small businesses to pay enhanced pension contributions for employees after complaints it would cripple millions of firms struggling through the downturn.

26 Nov 2011

| 6 Comments

Here is the shopping forecast...

There's going to be a long cold spell in our pockets, says Jenny McCartney.

26 Nov 2011

| 17 Comments

Can Britain cope if the eurozone collapses?

As the unthinkable looms, ministers are starting to prepare for the worst, reveals Iain Martin.

26 Nov 2011

| 22 Comments

Grim news, but Chancellor George Osborne must stay the course

Telegraph View: It is vital that the Chancellor holds his nerve on the public finances - he cannot spend money he doesn’t have.

26 Nov 2011

Truth behind the jobless generation

Blair’s obsession with university for all was meant to create a golden era for graduates. But the number of young unemployed now exceeds one million.Emily Gosden and Neil Tweedie report

26 Nov 2011

Debt crisis live: as it happened Nov 25

Wall Street ends the week lower, giving up an earlier bounce, and Belgium has its credit rating downgraded, capping a day of worries over rising eurozone debt costs after Italy's bond auction.

25 Nov 2011

| 438 Comments

The return of the recession: 'economy will shrink in new year'

Ministers shocked as Organisation for Economic Development and Cooperation predicts UK economy will fall back into negative growth in first six months of 2012 due to euro crisis.

25 Nov 2011

| 1100 Comments

Tyrie warns transaction tax can't be dismissed

Andrew Tyrie has asked the Chancellor for an official assessment of a Financial Transaction Tax (FTT) in Britain amid warnings that the measure can not simply be dismissed.

25 Nov 2011

| 63 Comments

Weale says Bank ready to print more money

Bank of England policymaker Martin Weale has signalled the Bank is ready to pump more new money into the ailing economy through quantitative easing (QE) in February.

25 Nov 2011

| 157 Comments

American shoppers save FTSE 100 from tenth straight day of losses

Thanksgiving spending by 152m Americans triggered a surge on Wall Street that spread to bourses in Europe, though traders' optimism was thin wrapping on a day that was otherwise devoid of celebration.

25 Nov 2011

| 71 Comments

Why a German downgrade is the next logical step in the euro crisis

If someone suddenly says "Grunderkrach" to you today in an animated state, they're not hurling abuse with an obscure Germanism, no matter what it might sound like.

25 Nov 2011

| 215 Comments

Rewards for failure are the real issue

Even the directors are now demanding action on directors' pay.

25 Nov 2011

Thatcher knew that capitalism must deliver for the masses

Propping up failure – in the euro and elsewhere – is hardly the recipe for renewed prosperity, argues Charles Moore.

25 Nov 2011

Blacks Leisure warns on profits

A profit warning from Blacks Leisure drove shares in the outdoor goods retailer lower yesterday ahead of the key Christmas shopping period.

25 Nov 2011

| 8 Comments

S&P downgrades Belgium's credit rating

Belgium's credit rating has been cut by Standard & Poor's, on concerns that funding pressures could mean the country will have to take on more debt from its banks.

25 Nov 2011

| 5 Comments

Italy €10bn debt sale saps confidence in eurozone

Italy had to pay record rates in a €10bn bond sale, despite reports that the European Central Bank was buying Italian debt in the secondary market to try to support the auction.

25 Nov 2011

Global slowdown triggers China factory strikes

Factory strikes have spread across China as slowing orders from the West and increasing wage pressure triggers unrest.

25 Nov 2011

| 16 Comments

Severn's profit plunge

Top stories: US consumers, Severn Trent, Eurozone, and the week ahead.

25 Nov 2011

| 1 Comment