So Sir Richard Branson may finally be about to get his hands on Northern Rock. It has been a long time coming. The bearded entrepreneur - or at least the people he has running his financial services arm - has had to wait four years to get this close again... more
The party could be over for those Londoners who thought recession only happened to others. Looming Budget cuts and possible interest rate rises would really hurt, says Jonathan Prynn... more
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... more
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 ... more
Lloyds Banking Group moved a step closer to a huge £25 billion fundraising exercise, confirming it's in advanced talks about such a move with its biggest shareholder - the UK Government
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Bank governor’s forecast boosts many homeowners, but it’s grim news for savers as King warns that Britain's economic recovery will be ‘slow and protracted’... more
With the threat of deflation hanging over an economy edging into recession and job losses set to soar, experts say hundreds of thousands of homes in the capital could be repossessed by 2010... more
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