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James Hughes

UK pound falls to 5-year low against dollar

The pound fell to its lowest level against the dollar in five years Friday on fears that Britain's banking sector could suffer more losses from the world financial crisis, and that the dispute between Britain and Iceland over...

Yen falls, high-yielding FX up on world c.bank action

LONDON (Reuters) - The yen fell broadly on Thursday and high-yielding currencies like the Australian dollar bounced back strongly as confidence tentatively returned to financial markets after the previous day's global...

Currencies: Yen retreats on revived risk appetite

By William L. Watts, MarketWatch LONDON (MarketWatch) -- The Japanese yen retreated and traditionally high-yielding currencies rebounded Thursday following a modest revival in risk appetite, analysts said. Asian equity markets...

Markets `in freefall' as crisis deepens

INVESTORS are nursing massive losses after more than £93bn was wiped from the value of the UK's biggest companies as the FTSE 100 index suffered its biggest fall for 21 years - and experts were today predicting further slides...

British taxpayers to foot bank bailout bill

British taxpayer to be tied into £50bn bank bailout The Times | Oct 8, 2008 by Philip Webster and Patrick Hosking Taxpayers will be committed today to providing more than £50 billion to bail out high street banks in an attempt...

World Of Pain

Oct 7 2008 By Kevin Schofield Markets In Meltdown Over New Bank Fears PANIC spread like wildfire through the world's stock markets yesterday as fears grew that the global banking system is careering towards collapse. In London,...

FTSE set for 20-year record fall

London's FTSE 100 Index is on course for its biggest one-day fall in more than 20 years on another day of turmoil for global stock markets. The Footsie was down almost 9% at one stage - representing the biggest decline since...

FTSE suffers 'worst ever' fall

A STAGGERING £93 billion was wiped from the value of British companies today as the FTSE 100 plummeted. The index of top UK stocks and shares suffered it's biggest fall since Black Monday as fear swept through global markets....

Global markets in meltdown as FTSE suffers the worst one-day fall in its history

The London Stock Exchange suffered the worst one-day fall in its history today as the global economic crisis plumbed new depths. In Europe, Germany's shock decision to issue a 100 per cent guarantee for all savings unleashed...

Funeral Of Son Found In A Suitcase

The funeral of a disabled man whose body was found in a suitcase at his mother's home is taking place today. Disabled James Hughes was found in a suitcase The decomposed remains of 22-year-old James Hughes were found in the...

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