Advertisement

Tuesday 20 December 2011

| Subscribe

Markets jump as euphoria sweeps across Europe on ECB bank rescue

Southern Europe's battered debt markets are basking in a glorious pre-Christmas rally as hedge funds and investors celebrate a blast of cheap liquidity from the European Central Bank.

Comments

Moody's: UK credit rating at risk if growth stalls

A collapse in economic growth, an escalation in the eurozone debt crisis, or a wobble by George Osborne over his austerity plans would cost the UK its prized AAA credit rating, a leading rating agency has warned.

Comments

Christmas in prison for UBS trader

Kweku Adoboli, accused of making unauthorised trades that lost the Swiss bank $2.2bn (£1.4bn) will spend Christmas in prison after his case was adjourned to allow his new legal team time to examine evidence.

RBS tries to calm staff anxiety over revamp

Royal Bank of Scotland has moved to quell staff fears over the state-backed lender's plans to shut down large parts of its investment banking division.

Comments

Ecclestone payments were a bribe, judge rules

Multi-million pound payments made by Formula 1 boss Bernie Ecclestone relating to the sale of the sport in 2005 amount to a "bribe" according to a High Court judge.

Flipboard pages the future

Silicon Valley 'old guy' is changing the way iPad users navigate.

Comments

US shuns home ownership

Switch from buying to renting underlined by a surge in construction.

Comments

Currency fees scrapped

OFT tells banks to end fees for buying foreign currency on debit card.

Comments

Graphic: EU treaty and eurozone crisis deadlock

How each EU country regards support for the treaty and bail-out fund.

Comments

Advertisement

Best deals from travelzoo

Loading

Debt crisis: as it happened December 20

Moody's warns that UK could face a downgrade as "formidable and rising challenges" such as the deficit increase since 2008 have eroded ability to absorb further fiscal shocks.

Comments

Debt crisis: as it happened December 20

Moody's warns that UK could face a downgrade as "formidable and rising challenges" such as the deficit increase since 2008 have eroded ability to absorb further fiscal shocks.

Comments

Economic rebalance long way off after value of Britain's skills drops

Official figures showing a drop in the value of workers' skills over the past year have raised fresh concerns over the UK's ability to rebalance its economy towards advanced manufacturing, economists have warned.

Comments

Dig in for European Goldfields's 'El Dorado' opportunity

European Goldfields's busy year just got busier with Canadian miner Eldorado Gold launching a C$2.5bn (£1.55bn) bid for the group.

Comments

Omega Insurance is a thorn in Neil Woodford's portfolio

One (rather messy) shareholder revolt, one (rather expensive) rights issue, two tender offers, a proposed nil-premium merger and a rival cash offer.

Comments

EC proposal would help firms hit by bribery ban

British companies convicted of bribery could become eligible to secure public contracts across Europe under wide ranging reforms to EU procurement rules proposed by the Commission.

Comments

HMRC 'gave sweetheart deals to big businesses'

Chair of the Public Accounts Committee Margaret Hodge says there are systemic problems at HMRC that she is determined to see resolved.

Comments