Sep
2008
Articles from 16th Sep 2008
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AIG shares plummet as cash crisis grips insurance giant
Sep 16 2008 | Other UK business news
Shares in insurance giant American International Group (AIG) have fallen another 63% on Wall Street amid concerns of a deepening cash crisis at the firm. Read
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New survey suggests house prices falling at slower rate
Sep 16 2008 | Other UK business news
West Midland house prices fell by less than one per cent over the year to July, according to numbers from the Department for Communities and Local Government. Read
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Alliance & Leicester shareholders agree to Santander takeover
Sep 16 2008 | Other UK business news
Alliance & Leicester shareholders have approved its takeover by Spain’s Banco Santander after being told the deal would provide “certainty and stability” amid the global credit crunch. Read
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Partnerships in the frame for business and art awards
Sep 16 2008 | Other UK business news
In the run-up to the Jaguar Land Rover Awards for Arts & Business, we take a closer look at some of the shortlisted projects ahead of the ceremony in October. Read
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Shares hit three-year low after Lehman Brothers collapse
Sep 16 2008 | Other UK business news
London's leading share index fell to its lowest level for more than three years today as investors sifted through the fall-out from the collapse of Lehman Brothers. Read
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King's explanation of 4.7pc inflation dashes hopes of interest rates cut
Sep 16 2008 | Other UK business news
Hopes of early interest rate cuts to steady nerves in the new burst of financial turmoil have been dashed by the Bank of England’s governor Mervyn King. Read
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Inflation rises to 4.7 per cent
Sep 16 2008 | Other UK business news
Soaring utility bills sent inflation soaring to 4.7% last month, prompting another letter of explanation from Bank of England Governor Mervyn King to the Chancellor. Read
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DTZ forced to cut jobs amid property market downturn
Sep 16 2008 | Other UK business news
Global property consultants DTZ has confirmed it has been forced to make job cuts in the face of the economic downturn. Read
