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UK banks 'to ask for about £40bn' (13 October 12:57) |
| Four major banks will ask for about £40bn of taxpayers' money to boost their balance sheets, the BBC learns. |
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UK banks 'to ask for up to £40bn' (12 October 11:26) |
| Four banks may receive recapitalisation money from the government as soon as Monday morning. |
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PM says banking crisis will ease (12 October 10:31) |
| Gordon Brown says he believes confidence in the banking system will be restored by global action "in the next few days". |
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Recession-proof? (12 October 09:35) |
| Bloomberg's stock rises as Wall Street shares fall |
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Alive and kicking (12 October 09:31) |
| Why US football means more than just David Beckham |
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Britannia in Co-op merger talks (12 October 05:39) |
| Britannia Building Society confirms it is in talks with Co-operative Financial Services that may lead to a merger. |
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Matthews brand value falls £20m (12 October 04:53) |
| Brands owned by Norfolk food producer Bernard Matthews fall in value by £20m over bird 'flu scare. |
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Banks may get bail-out on Monday (12 October 04:37) |
| UK banks may receive recapitalisation money from the government as soon as Monday morning. |
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Brown urges eurozone to copy UK (12 October 03:42) |
| Gordon Brown promises Britain will "lead the way" through the global financial crisis, ahead of an emergency EU summit in Paris. |
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Gold rush (12 October 01:31) |
| Austria's mint flat out as investors seek safety |
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Bank crunch 'may hit council pay' (12 October 01:21) |
| Fears grow that some local government workers may not be paid this month, because councils have payroll tied up in failed Icelandic banks. |
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EU chiefs confront markets crisis (12 October 11:01) |
| The 15 eurozone leaders are to meet in Paris to try to establish a common approach to the global financial crisis. |
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Councils seek Iceland cash pledge (12 October 05:24) |
| Council leaders are to hold talks with the Icelandic ambassador to win assurances their deposits in Iceland's failed banks will be repaid. |
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UK will lead the way, says Brown (12 October 04:01) |
| Gordon Brown promises Britain will "lead the way" through the global financial crisis ahead of an emergency EU summit in Paris. |
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IMF in global 'meltdown' warning (11 October 11:41) |
| The world financial system is on the "brink of systemic meltdown", the head of the International Monetary Fund warns. |
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'Progress made' in Iceland talks (11 October 10:16) |
| Significant progress has been made over frozen UK cash in failed Icelandic banks, say Treasury and Icelandic officials.
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Retail tycoon in UK stores talks (11 October 10:16) |
| Billionaire Sir Philip Green holds talks with officials in Iceland, which could lead to him buying several leading UK stores. |
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PM set for crisis talks in Paris (11 October 09:59) |
| Gordon Brown is to head for France to meet President Nicolas Sarkozy for talks on the global financial crisis. |
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Icelandic banks (11 October 07:54) |
| Risk for money in subsidiaries' offshore accounts |
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Bush plea for unity amid crisis (11 October 06:52) |
| US President George W Bush urges the world's wealthiest nations to avoid unilateral action amid the global economic crisis. |
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GM and Chrysler 'in merger talks' (11 October 11:11) |
| Struggling US car giants General Motors and Chrysler are in talks about a possible merger, US media say. |
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G7 nations pledge to fight crisis (11 October 04:55) |
| Top finance ministers promise to take "decisive action and use all
available tools" to tackle the world economic crisis. |
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Darling calls for action from G7 (10 October 10:31) |
| Alistair Darling calls on the Group of Seven rich countries to "do whatever it takes" to tackle the global financial crisis. |
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News, explainers and analysis see full coverage of the global turmoil (10 October 10:30) |
| News, explainers and analysis see full coverage of the global turmoil |
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No rescue for Hardy Amies firm (10 October 10:14) |
| The company founded by the former dressmaker to the Queen has filed for administration after a rescue bid failed. |
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UK 'ignored Iceland bank warning' (10 October 10:09) |
| The government is accused of ignoring warnings in July that Iceland's banks faced collapse. |
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Taking stock (10 October 09:56) |
| What does the financial turmoil mean for you? |
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No rescue for Hardy Amies company (10 October 08:42) |
| The company founded by the former dressmaker to the Queen, has filed for administration after a rescue bid failed. |
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Venezuela shuts down McDonald's (10 October 08:34) |
| Venezuela shuts all branches of restaurant chain McDonald's for 48 hours, citing tax irregularities, officials say. |
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Venezuela shuts McDonald's (10 October 08:34) |
| Venezuela shuts all branches of restaurant chain McDonald's for 48 hours, citing tax irregularities, officials say. |
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Interbank lending in deep freeze (10 October 06:59) |
| Bank-to-bank lending rates rise despite aggressive measures from governments worldwide to tackle the credit freeze. |
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Blow for new mortgage borrowers (10 October 06:24) |
| The number of mortgage products available to new borrowers hits its lowest figure since the start of the credit crunch. |
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Sugar buys pic'n'mix firm stake (10 October 05:46) |
| Sir Alan Sugar's investment company buys 3.9% of Woolworths, the retailer best known for its pic'n'mix. |
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Ministers seek summit solutions (10 October 05:04) |
| Finance minister from the Group of Seven rich countries will be meeting in Washington to discuss the credit crunch. |
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Brown demands petrol price cuts (10 October 04:51) |
| Prime Minister Gordon Brown calls for falls in the price of oil to be passed on to consumers 'as quickly as possible'. |
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Channel 4 abandons digital radio (10 October 04:45) |
| Channel 4 pulls the plug on three proposed digital radio stations owing to a slump in advertising revenues. |
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Fear grips global stock markets (10 October 04:21) |
| Shares across the world fall sharply as fear grows of a widespread economic slowdown. |
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Oh no... (10 October 04:04) |
| Falling markets affect us all, not just the traders |
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Major tumble for European shares (10 October 03:05) |
| European markets fall steeply in early trading after earlier dramatic share price losses in Asia. |
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Energy Agency cuts oil forecast (10 October 02:16) |
| The International Energy Agency cut its forecast for oil demand growth to its lowest level for 15 years. |
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'Little competition' in PPI sales (10 October 02:10) |
| The Competition Commission criticises retail Payment Protection Insurance (PPI) providers and distributors. |
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Russia approves $86bn bank rescue (10 October 01:54) |
| Russia's lower house of parliament, the Duma, has approved a raft of measures worth $86bn (£51bn) to assist banks. |
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European markets tumble on open (10 October 12:53) |
| European markets fall steeply in early trading after earlier dramatic share price losses in Asia. |
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Asia share panic after Dow plunge (10 October 10:21) |
| Asian markets plummet, with the Nikkei dropping more than 10%, after US stocks fell to their lowest level for five years. |
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Treasury in Icelandic talks (10 October 09:20) |
| A delegation of Treasury officials is going to Reykjavik to discuss the Icelandic bank crisis and its effect on UK depositors. |
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Brown wants 'global' bank support (10 October 08:45) |
| Prime Minister Gordon Brown calls on other governments to follow Britain's lead by supporting their struggling banks. |
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Asian stocks hit after Dow plunge (10 October 07:01) |
| Asian markets open heavily down, with the Nikkei dropping over 10%, after US stocks fell to their lowest level for five years. |
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More people seeking debt advice (10 October 05:12) |
| The number of people seeking help from the Citizens Advice Bureaux about how to manage their debts has gone up by a third in the space of one year |
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Flats 'see biggest price falls' (10 October 04:54) |
| City centre flats dominate a survey indicating the 10 areas in England and Wales with the biggest falls in property prices. |
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Flat market...The ten areas with the biggest property price falls (10 October 04:54) |
| City centre flats dominate a survey indicating the 10 areas in England and Wales with the biggest falls in property prices. |
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