Asian markets plummet after New York's main share index slumps to its lowest level in five years, amid recession...

Asian markets plummet after New York's main share index slumps to its lowest level in five years, amid recession...

Asian markets plummet after New York's main share index slumps to its lowest level in five years, amid recession...

Asian markets plummet after New York's main share index slumps to its lowest level in five years, amid recession...

Shareholders of the Royal Bank of Scotland will vote later on Thursday on whether to accept a £20bn government...

Shareholders of the Royal Bank of Scotland will vote later on Thursday on whether to accept a £20bn government...

Shareholders of the Royal Bank of Scotland will vote later on Thursday on whether to accept a £20bn government...

Shareholders of the Royal Bank of Scotland will vote later on Thursday on whether to accept a £20bn government...

Wall Street plunges more than 5% on Wednesday to its lowest level in over five years on rising economic...

Wall Street plunges more than 5% on Wednesday to its lowest level in over five years on rising economic...

Wall Street plunges more than 5% on Wednesday to its lowest level in over five years on rising economic...

Wall Street plunges more than 5% on Wednesday to its lowest level in over five years on rising economic...

US politicians are looking for a compromise plan to aid the country's crisis-ridden car...

US politicians are looking for a compromise plan to aid the country's crisis-ridden car...

US politicians are looking for a compromise plan to aid the country's crisis-ridden car...

US politicians are looking for a compromise plan to aid the country's crisis-ridden car...

The Bank of England sent out a clear message today that interest rates would be cut again next month when it revealed that the nine-strong monetary policy committee considered reducing borrowing costs by more than the 1.5 percentage points it announced earlier this month.Minutes of the MPC's November meeting showed that Threadneedle Street believed "a very significant reduction in bank rate - possibly in excess of two percentage points - might be required" to prevent inflation falling below the government's 2% inflation target.The City is now convinced interest rates will be cut by at least 0.5 points from 3% next month, because of the doveish tone of the MPC minutes coupled with a warning from the CBI that UK factories expect to cut output over the next four months at a rate not seen...

The Bank of England sent out a clear message today that interest rates would be cut again next month when it revealed that the nine-strong monetary policy committee considered reducing borrowing costs by more than the 1.5 percentage points it announced earlier this month.Minutes of the MPC's November meeting showed that Threadneedle Street believed "a very significant reduction in bank rate - possibly in excess of two percentage points - might be required" to prevent inflation falling below the government's 2% inflation target.The City is now convinced interest rates will be cut by at least 0.5 points from 3% next month, because of the doveish tone of the MPC minutes coupled with a warning from the CBI that UK factories expect to cut output over the next four months at a rate not seen...

The Bank of England sent out a clear message today that interest rates would be cut again next month when it revealed that the nine-strong monetary policy committee considered reducing borrowing costs by more than the 1.5 percentage points it announced earlier this month.Minutes of the MPC's November meeting showed that Threadneedle Street believed "a very significant reduction in bank rate - possibly in excess of two percentage points - might be required" to prevent inflation falling below the government's 2% inflation target.The City is now convinced interest rates will be cut by at least 0.5 points from 3% next month, because of the doveish tone of the MPC minutes coupled with a warning from the CBI that UK factories expect to cut output over the next four months at a rate not seen...

The Bank of England sent out a clear message today that interest rates would be cut again next month when it revealed that the nine-strong monetary policy committee considered reducing borrowing costs by more than the 1.5 percentage points it announced earlier this month.Minutes of the MPC's November meeting showed that Threadneedle Street believed "a very significant reduction in bank rate - possibly in excess of two percentage points - might be required" to prevent inflation falling below the government's 2% inflation target.The City is now convinced interest rates will be cut by at least 0.5 points from 3% next month, because of the doveish tone of the MPC minutes coupled with a warning from the CBI that UK factories expect to cut output over the next four months at a rate not seen...

Shareholders in Lloyds TSB have overwhelmingly backed the bank's merger with the ailing HBOS group after a stormy meeting which saw large institutions comprehensively out-vote smaller investors who were unhappy over the deal.Nearly 96% of Lloyds TSB shareholders voted to endorse the deal, paving the way for its agreed merger with HBOS early next year.But small shareholders - mostly elderly, some travelling from as far as Devon to Glasgow to make their points - assailed chairman Victor Blank with a series of questions about the controversial deal in which Lloyds will raise £5.5bn to boost its balance sheet and swallow its rival.The event in the cavernous Scottish Exhibition and Conference Centre on the banks of the Clyde was supposed to last only two hours but overshot hugely as the...

Shareholders in Lloyds TSB have overwhelmingly backed the bank's merger with the ailing HBOS group after a stormy meeting which saw large institutions comprehensively out-vote smaller investors who were unhappy over the deal.Nearly 96% of Lloyds TSB shareholders voted to endorse the deal, paving the way for its agreed merger with HBOS early next year.But small shareholders - mostly elderly, some travelling from as far as Devon to Glasgow to make their points - assailed chairman Victor Blank with a series of questions about the controversial deal in which Lloyds will raise £5.5bn to boost its balance sheet and swallow its rival.The event in the cavernous Scottish Exhibition and Conference Centre on the banks of the Clyde was supposed to last only two hours but overshot hugely as the...

Shareholders in Lloyds TSB have overwhelmingly backed the bank's merger with the ailing HBOS group after a stormy meeting which saw large institutions comprehensively out-vote smaller investors who were unhappy over the deal.Nearly 96% of Lloyds TSB shareholders voted to endorse the deal, paving the way for its agreed merger with HBOS early next year.But small shareholders - mostly elderly, some travelling from as far as Devon to Glasgow to make their points - assailed chairman Victor Blank with a series of questions about the controversial deal in which Lloyds will raise £5.5bn to boost its balance sheet and swallow its rival.The event in the cavernous Scottish Exhibition and Conference Centre on the banks of the Clyde was supposed to last only two hours but overshot hugely as the...

Shareholders in Lloyds TSB have overwhelmingly backed the bank's merger with the ailing HBOS group after a stormy meeting which saw large institutions comprehensively out-vote smaller investors who were unhappy over the deal.Nearly 96% of Lloyds TSB shareholders voted to endorse the deal, paving the way for its agreed merger with HBOS early next year.But small shareholders - mostly elderly, some travelling from as far as Devon to Glasgow to make their points - assailed chairman Victor Blank with a series of questions about the controversial deal in which Lloyds will raise £5.5bn to boost its balance sheet and swallow its rival.The event in the cavernous Scottish Exhibition and Conference Centre on the banks of the Clyde was supposed to last only two hours but overshot hugely as the...

"I know women in this country ... I think I can smell a British woman," said George Davis, rather creepily, a few years ago. Davies, who today announced his plans to step down as chairman of the Marks and Spencer brand Per Una, must have something seriously awry with his sense of smell. How else to explain the overpowering whiff of cheese that has permeated the Per Una section of M&S; the past few years? What started out in 2001 as an attempt to attract younger buyers is now a signifier of just how out of step with today's fashion-savvy consumer the entire M&S; empire has become. When Per Una first hit the high street, back in the days when Topshop was still cheap and Kate Moss was known only for her modelling, it was actually something of a success. So much so that Davies sold the brand...

"I know women in this country ... I think I can smell a British woman," said George Davis, rather creepily, a few years ago. Davies, who today announced his plans to step down as chairman of the Marks and Spencer brand Per Una, must have something seriously awry with his sense of smell. How else to explain the overpowering whiff of cheese that has permeated the Per Una section of M&S; the past few years? What started out in 2001 as an attempt to attract younger buyers is now a signifier of just how out of step with today's fashion-savvy consumer the entire M&S; empire has become. When Per Una first hit the high street, back in the days when Topshop was still cheap and Kate Moss was known only for her modelling, it was actually something of a success. So much so that Davies sold the brand...

"I know women in this country ... I think I can smell a British woman," said George Davis, rather creepily, a few years ago. Davies, who today announced his plans to step down as chairman of the Marks and Spencer brand Per Una, must have something seriously awry with his sense of smell. How else to explain the overpowering whiff of cheese that has permeated the Per Una section of M&S; the past few years? What started out in 2001 as an attempt to attract younger buyers is now a signifier of just how out of step with today's fashion-savvy consumer the entire M&S; empire has become. When Per Una first hit the high street, back in the days when Topshop was still cheap and Kate Moss was known only for her modelling, it was actually something of a success. So much so that Davies sold the brand...

"I know women in this country ... I think I can smell a British woman," said George Davis, rather creepily, a few years ago. Davies, who today announced his plans to step down as chairman of the Marks and Spencer brand Per Una, must have something seriously awry with his sense of smell. How else to explain the overpowering whiff of cheese that has permeated the Per Una section of M&S; the past few years? What started out in 2001 as an attempt to attract younger buyers is now a signifier of just how out of step with today's fashion-savvy consumer the entire M&S; empire has become. When Per Una first hit the high street, back in the days when Topshop was still cheap and Kate Moss was known only for her modelling, it was actually something of a success. So much so that Davies sold the brand...

US consumer prices dropped by a record 1% in October as fuel costs kept falling for a third month in a...

US consumer prices dropped by a record 1% in October as fuel costs kept falling for a third month in a...