Business
HEADLINES:
B&B plummets into the red and bad debts rocket
The scale of the job facing new Bradford & Bingley chief executive Richard Pym was underlined as the troubled lender crashed into the red and reported soaring levels of bad debts Comments
Credit crunch pain hits £5m homes, says Knight Frank
The collapse of the housing market is spreading to central London as all but the very richest are hit by the credit crunch Comments
£3.5 million Bloomsbury puts faith in Buffett
Bloomsbury reckons a new biography of Warren Buffett will help it thrive in a post-Harry Potter world Comments
Another 1200 jobs may be axed at struggling Lehman
Embattled investment bank Lehman Brothers is set to take the axe to 5% of its workforce, with another 1200 jobs at risk in what would be the fourth round of job cuts this year CommentsNews
Boris warns of future drought, floods and heatSevere weather could cause a virtual collapse of the capital
Sport
Robinho's move to Chelsea hits a snagBlues in talks to keep £29.5m deal alive as Schuster threatens to quit
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More business news
Swiss gold bug cleans out S Africa Krugerrand coin maker
The sole maker of South African Krugerrands ran out of the iconic bullion coin after an “unusually large” order from a buyer in Switzerland CommentsMarshalls is flagging in the downturn
Landscape and paving products group Marshalls' profits have tumbled as uncertainty in the domestic market hit sales CommentsDebt-ridden ABC fails its results test
The owner of Britain’s biggest chains of children’s nurseries, Busy Bees and Leapfrog, failed to release its results as planned but assured parents it was business at usual CommentsNew Star drops by a third as stockpickers lose their touch
There are few signs of recovery yet at John Duffield's New Star Asset Management, which revealed tumbling profits and admitted customers have deserted in droves CommentsHeadache for C&C as sales of cider slide
Magners cider maker C&C had more flat news for investors, with a trading statement that came close to a profits warning CommentsEC probe is launched into BA's 3-way tie-up
European anti-monopoly authorities today launched a probe into British Airways' planned tie-up with American Airlines and Spanish carrier Iberia CommentsOil price is powered by fears of a hurricane
The oil price shot up again amid fears of hurricane damage to oil platforms and refineries in the Gulf of Mexico CommentsCheers! Diageo tops £2.3bn but it looks hard ahead
Drinks giant Diageo pushed profits above £2.3 billion in the last year as consumers around the world responded to the growing economic gloom by reaching for a stiff drink CommentsSavills slumps by 41% after a plunge in sales
Property giant Savills report s a 41% slump in profits as sales of homes and offices collapse Comments‘Lumpy’ price rises on way, warns Hovis-maker Premier
Hovis-to-Branston pickle maker Premier Foods predicts that food prices will rise further in the coming year Comments
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Analysis
So just how hot is this great £33bn Indian takeaway?
When Ratan Tata's Indian steel behemoth won the £6 billion auction of Corus, it began what India's newspapers quickly began calling the Great Indian Takeaway Comments
Once bitten, twice shy for the banks’ wealth fund backers
There's a Chinese proverb along the lines of “a fall into a ditch makes you wiser”. Ho Ching, chief executive at Singapore's giant sovereign wealth fund Temasek will know it well. But has she acted on it? Comments
New Dawn is no guarantee that Five’s problems can be solved
The arrival of Dawn Airey as chief executive at Channel Five cannot come soon enough. Airey's start date in October was revealed at the same time as it emerged that Five's profits in the first half of 2008 had been wiped out Comments
4PM UPDATE
Market report: Gloomy brokers add to the pub chains’ misery
The lack of spare cash in drinkers’ pockets appears to be having a detrimental effect on the UK’s big pub chains, judging by the collapse in their share prices this year
Columnists
Anthony Hilton
Christopher Fildes
Chris Blackhurst
Views collide over Candy corner chaos
Another twist in the blame game over who is responsible for the traffic disruption at Scotch Corner, Knightsbridge, where westbound traffic has been closed for the Candy & Candy luxury redevelopment at One Hyde Park
City Briefing
The latest top City stories and Market report emailed to you twice a day.
Mickey
Clark Podcasts
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