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Tuesday 16th September 2008
Barclays looking to pick up Lehman Brothers family jewels Despite receiving a substantial amount of criticism for its ill fated bid to takeover the whole of Lehman Brothers before it finally fell, the management at Barclays Bank seem intent on grabbing a...
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Tuesday 16th September 2008
Bank of England and US Federal Bank play it tough Those hoping for a short sharp drop in interest rates in the UK and the US have had their hopes dashed today with news that the threat of inflation growing in strength is greater than that of a... |
Monday 15th September 2008
Lehman Brothers bids farewell After a week in which markets have bounced on the back of the US mortgage bailout, today was the day when it all came crashing back down to earth with news that Lehman Brothers has filed for... |
Monday 15th September 2008
Lehman Brothers fallout knocks £50 billion off FTSE100 Who would have guessed that a move which had been flagged late last week could turn into a disaster for worldwide stock markets? Who could have seen the turmoil and knock on affect from the failure... |
Sunday 14th September 2008
XL Leisure rescue continues The number of tourist currently stranded overseas after the demise of XL Leisure has been dramatically reduced after the CAA and UK airlines stepped in to try and get those stranded back home. The... |
Sunday 14th September 2008
Barclays pulls out of Lehman Brothers rescue In a move which seems to have been building in the background it has today been announced that Barclays Bank had been in talks with the company’s larger investors about putting together a package... |
Saturday 13th September 2008
Richard Branson the peoples champion? As the battle between Richard Branson and British Airways looks set to move up a notch after the announcement of the proposed merger between British Airways and American Airlines many people are... |
Saturday 13th September 2008
Is the Alitalia airline going out of business? When Italian airline Alitalia applied for protection from creditors many had assumed that this was the first step towards the rehabilitation of the group. However, reports coming out of Italy... |
Friday 12th September 2008
Lufthansa flies the flag for Europe While it was expected by many in the industry, the news that the Lufthansa airline is currently in talks to acquire Scandinavian airline group SAS is set to push Lufthansa to second in the European... |
Friday 12th September 2008
Is this the end for Lehman Brothers? Despite some positive spin earlier in the week it looks as though the life of US financial giant Lehman Brothers is coming to an end as we know it. News that the US authorities are not willing to... |
Thursday 11th September 2008
Regulatory spotlight to fall on absolute return funds Absolute return funds are to be investigated by the Financial Services Authority (FSA), the regulator has indicated. The funds are a relatively new type of investment vehicle, which promise return... |
Thursday 11th September 2008
Lehman Brothers to sell the family silver News that the end is neigh for Lehman Brothers must have been a very hard pill to swallow for the company’s 20,000 employees throughout the world. The group is going to be split into two, with... |
Thursday 11th September 2008
Was T5 worth all of that money and bother? News that the performance of Heathrow is as low now as it has ever been in recent history does not back up the wild promises of BAA and British Airways prior to the opening of the ‘white elephant’... |
Thursday 11th September 2008
Sports Direct hits a sticky patch While Sports Direct owner Mike Ashley has been in the news of late with regards to his investment in Newcastle United Football Club and the turmoil caused by the departure of Kevin Keegan, it seems... |
Tuesday 9th September 2008
Northern Rock valuer to receive £4.5 million! As the government reveals the appointment of an independent valuation expert to arrive at a ‘price’ for Northern Rock it has been revealed that Andrew Caldwell, the man in question, will be paid a... |
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