The head of the European Central Bank today warned that banks run the risk of becoming addicted to the cheap funding it has supplied to save the system from collapse
Read full article...Nationwide building society today forecast a “slow” economic recovery and warned the recent rally in house prices could run out of steam
Demand for flats at former Arsenal home Highbury is booming as young professionals and Gunners fans rent rather than buy homes at the redeveloped football stadium
Landlord and developer Derwent London today hailed the recovery in the commercial property market and said it will start building new offices to be ready from late 2011
The Bank of England was split three ways over its decision to pump an extra £25 billion into the economy as it battles to drag Britain out of recession
A foreign takeover of Cadbury looked all but certain tonight after US giant Hershey and Italy’s Ferrero confirmed they are considering bids to counter the low-ball offer from Kraft
Land Securities hailed “the first signs of recovery” in the commercial property market but warned of a bumpy ride ahead
The commercial property market showed fresh signs of life today as “the worst storm in real estate history” eases
Builder Barratt Developments today said London is leading the recovery in the housing market, but warned mortgages are still hard to come by
The Bank of England has slapped David Cameron down over his comments that its recession-busting printing money programme will have to stop
HSBC today said the worst of the global economic crisis has passed as it revealed third-quarter profits were “significantly ahead” of the same period last year
So is that it for quantitative easing? That is the question the City is asking after the Bank of England chose to extend its printing money programme by “just” £25 billion
Britain’s “safe as houses” credit rating was under threat again today after a grave warning that the UK is the major economy most at risk of going bust
US FOOD giant Kraft today launched a hostile £9.8billion takeover bid for Dairy Milk maker Cadbury. Kraft went directly to shareholders after Cadbury rejected its initial approach in September.
Iraq today set its sights on ramping up oil production as international firms such as BP move back into the country after years of war
Aviva chief executive Andrew Moss today forecast a return to profit at the insurer as he faced the City for the first time since details of an affair with a colleague emerged
Britain moved a step closer to the end of recession today as the Bank of England grappled with how to secure a lasting recovery
Banking analysis: The Government wants to create three new High Street banks to increase competition in the UK - and today it finally became clear what these banks might look like
Shares in Royal Bank of Scotland tumbled by as much as 17% today after it admitted its break-up ordered by European regulators will be more painful than feared
Britain showed further signs of economic recovery today after factory output hit its highest level for nearly two years
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