Business and Finance world…

Bush vows to stabilise US economy

October 13th, 2008 piotr zukowski

President George W Bush vows to work “aggressively” to restore economic stability, as world stock markets tumble.

US debt clock runs out of digits as growing deficit needs extra zeros

October 13th, 2008 piotr zukowski

The national debt clock in New York runs out of digits to record the spiralling figure.

Best (and worst) stocks in a bear market

October 13th, 2008 piotr zukowski

Troubles for global stock markets have sent investors to the exits — so where do you turn in a bear market?

Fame and fortune: Caprice Bourret

October 13th, 2008 piotr zukowski

Caprice Bourret is an American lingerie model and TV personality who has
become a successful businesswoman.

Gordon Brown gambles it all on rescue plan

October 13th, 2008 piotr zukowski

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YouGov poll results

Flipping easy: how rich beat stamp duty

October 13th, 2008 piotr zukowski

A businessman whose family owns more than half a dozen houses, including a
£50m mansion on Britain’s “Billionaires’ Row”, has disclosed how to avoid
paying tax on multi-million-pound property deals.

Small price to pay for calm

October 13th, 2008 piotr zukowski

For anyone with an interest in finance, the events of the past week have been
truly fascinating. For anyone with savings, they have been truly shocking.

Mortgage problems among homeowners up by 50%

October 13th, 2008 piotr zukowski

The number of homeowners seeking help after falling behind with their mortgage
payments soared by more than 50 per cent over the past three months,
according to figures from a leading debt charity.

How much each Local Authority has invested in Icelandic banks

October 13th, 2008 piotr zukowski

Dozens of local councils risk losing hundreds of millions of pounds of
taxpayers’ money held in Iceland’s stricken banks. Here’s who invested what.

Abbey wipes out base rate cut by raising mortgage rates

October 13th, 2008 piotr zukowski

Abbey is raising interest rates on its popular “tracker” mortgage
deals by 0.5 percentage points, erasing the benefit of yesterday’s emergency
cut in the cost of borrowing by the Bank of England.