White House on the verge of rescuing US car industry… and saving … Mail on Sunday, UK - 12 Dec 2008 'The current weakened state of the economy is such that it could not withstand a body blow like a disorderly bankruptcy in the auto industry,' White House … View post: White House on the verge of [...]
European close: Sharp fall on recession fears CITY A.M., UK - 23 minutes ago In the UK , Bank of England governor Mervyn King warned last night that Britain is heading into recession and told families and businesses to prepare for a … See original here: European close: Sharp fall on recession fears – CITY A.M.
Daily Mail Companies fear bankruptcy despite historic rate cut to 1 per cent Daily Mail, UK - 11 minutes ago The Bank cut its interest rate from 1.5 per cent to 1.0 per cent following a spate of dismal news about the outlook for the UK economy. … Read the original here: Companies fear bankruptcy despite historic [...]
Pound at lowest level since 1980 asap News, UK - 1 hour ago According to currency experts, the last time the pound was this low was in the mid-70s, when Britain faced bankruptcy and had to seek emergency funding from … See more here: Pound at lowest level since 1980 – asap News
ITV.com Cameron compares Brown to the Blitz Independent, UK - 57 minutes ago … lengthen" the recession through his policy of increasing borrowing, which had helped to break the UK economy and take it to "the brink of bankruptcy ". … Cameron urges 'positive vision' BBC News all 375 news articles Continue here: Cameron compares Brown to [...]
Daily Mail Nearly 5000 UK jobs at risk as Toyota reveals first EVER annual … Daily Mail, UK - 42 minutes ago The Japanese giant employs more than 4000 at its UK car manufacturing plant at Burnaston in Derbyshire and 600 at its engine factory at Deeside in Wales and … Read more: Nearly 5000 UK jobs [...]
Pound’s fall a symptom of crisis, not a problem in itself Reuters UK, UK - 2 hours ago There is little sign of that happening, however, and Britain is very far from the extreme situation of Iceland, portrayed as ‘national bankruptcy ’. … Continue here: Pound’s fall a symptom of crisis, not a problem in itself – [...]