As part of their plans for a third runway at Heathrow, BAA bought up hundreds of homes facing planning blight. The Government has decided not to allow it to go ahead, leaving BAA with a substantial property portfolio.... more
The US Federal Reserve chairman hits back at critics of America’s bond-buying programme and issued a thinly veiled attack on China’s policy of keeping its currency on a leash... more
Federal Reserve chairman Ben Bernanke fuels expectations that the US will embark on more money printing after saying there was a case for “further action” to support the recovery... more
World stock markets slide and the dollar falls, undermined by worries about the global recovery after Federal Reserve chairman Ben Bernanke confirms fears that the US economy has weakened... more
US Federal Reserve chairman Ben Bernanke today said the central bank is ready to raise interest rates when the outlook for the economy “has improved significantly” ... more
The chairman of the US Federal Reserve Ben Bernanke gave a relatively upbeat view of America's economic prospects, just hours after figures in the UK showed some signs of recovery in the housebuilding market... more
The economy might just be on the turn. Does this mean the PM, too, is set for another miracle recovery or is it just one of those short-lived bear-market rallies?... more
Economics: The US Federal Reserve has set itself an inflation target for the first time as it warned that the economy is set to shrink more sharply in 2009 than it originally thought... more
London yesterday to deliver the Stamp memorial lecture at the London School of Economics. What he said in answer to a question afterwards has a bearing on this key question... more
Economy: Further massive injections of capital may be necessary to save the global banking system from collapse, US Federal Reserve chairman Ben Bernanke warned... more
Wall Street chiefs' crunch summit with Treasury Secretary Hank Paulson over Tuesday's recapitalisation plan grew so heated that Federal Reserve Governor Ben Bernanke had to step in to calm things down... more
Markets: Federal Reserve chairman Ben Bernanke and Treasury Secretary Hank Paulson ratcheted up the pressure on Congressmen to accept the $700billion (£382billion) bailout plan... more
Federal Reserve chairman Ben Bernanke is expected to give clues about how he plans to tackle the credit crisis when he addresses central bankers... more
Recession in the air, negative equity, banks with burned fingers, credit still very tight, the pound under pressure and the Chancellor preparing to borrow a billion pounds every week. Welcome back to the 1990s... more
Exclusive: After high-profile allegations this season, Charlton's manager is pleased the issue is now being addressed but says the authorities still have plenty of work to do