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Darling details £50 billion bank bailout plan - Times OnlineChancellor Alistair Darling today launched a drastic rescue of Britain's high street banks in move designed to head off a cataclysmic failure of confidence by announcing a part-nationalisation plan with £50 billion of taxpayers' money. He said there ...
British taxpayer to be tied into £50bn bank bailout - Times OnlineTaxpayers will be committed today to providing more than £50 billion to bail out high street banks in an attempt to avert a cataclysmic failure of confidence. Alistair Darling was due to tell the City in an early morning announcement today that the ...
Bluefish on the hook for $246,000 - Connecticut PostBRIDGEPORT -- The owners of the Bridgeport Bluefish raised money for Mayor Bill Finch at the same time they owed a large overdue bill for renting the city-owned Ballpark at Harbor Yard. Mary-Jane Foster and Jack McGregor, the team's husband and wife ...
2,000 jobs under threat as textile firm Rosebys goes bust - Guardian UnlimitedThe credit crunch claimed more victims on the high street today, as home textile retailer Rosebys collapsed into administration. The news came a day after Willis Gambier, a furniture supplier to Marks & Spencer and John Lewis, called in the ...
Thousands left stranded as BA warns more will go bust - Times OnlineThousands of travellers were left stranded overseas today after XL Leisure, Britain’s third largest tour operator, collapsed and BA’s chief executive predicted that another 30 airlines would go out of business before Christmas. At least 67,000 ...
Lawrence will have pilot program to curb foreclosures - Eagle-TribuneBOSTON - Lawrence and other Massachusetts communities plagued by home foreclosures could get help from a series of initiatives Gov. Deval Patrick will roll out today. Under the plan, Lawrence would be the site of a pilot program to encourage lenders ...
Lantigua, others seek six-month moratorium on foreclosures - Eagle-TribuneBOSTON — With more homeowners falling behind on mortgage payments, Rep. William Lantigua, D-Lawrence, and a group of lawmakers are proposing a six-month moratorium on foreclosures. The proposed moratorium is among three bills unveiled yesterday ...
The XL worker who not only lost his job... his wedding is in tatters ... - Daily MailThe collapse into administration of XL Leisure Group has spelled double disaster for David Hopkin. The 29-year-old worked as a Florida and Caribbean specialist at XL's call centre in Swansea and found himself unemployed this morning. But that was ...