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Govt 'To Take Stake In Banks'

Global Banking Problems Videos High Street banks HBOS and Royal Bank of Scotland could be effectively nationalised today as the Government puts its £500bn financial rescue package into action. HBOS and the Royal Bank of...

Congress may propose a second stimulus plan

Tax rebate, food stamp money, extended jobless benefits are on the table WASHINGTON - After consulting with Barack Obama, Democratic leaders are likely to call Congress back to work after the election in hopes of passing...

Photos show Carl Edwards had Kevin Harvick by the neck

By Associated Press Sunday, October 12, 2008 - Photographs of the scuffle between Carl Edwards and Kevin Harvick show a more physical confrontation than witnesses described, with Edwards at one point grabbing Harvick by the...

Banks go begging for £40bn lifeline in the biggest nationalisation deal in history

Britain's leading banks will today come cap-in-hand to ask taxpayers for £40billion in the biggest nationalisation in history. They were locked in all-night talks at the Treasury negotiating an unprecedented financial lifeline.

Armed forces put on parade to thank residents for honouring dead service personnel

Members of the armed forces have today paraded through a small town to thank residents for honouring dead British service personnel. Since April 2007 people in Wootton Bassett have lined the streets more than 100 times as...

Bank boss 'Fred the Shred' falls on his sword... but still walks away with £580,000 a year pension

By JAMES CHAPMAN AND ALEX BRUMMER One of banking's fattest cats is to become the highest-profile casualty of the financial crisis. Sir Fred Goodwin, the chief executive of the Royal Bank of Scotland, is expected to quit today,...

Gov't eyes plan to take ownership stakes in banks

Treasury Secretary Henry Paulson told international leaders on Sunday that isolationism and protectionism could worsen the spreading financial crisis. With a new trading week dawning, U.S. lawmakers urged quick action by the...

Empty municipal coffers in America`s financial Armageddon

What could possibly come along in the middle of this series of economic nightmares to make things even worse? How about a total depletion of local government finances that pay for the things that make up the very fabric of...

Dreams take flight in Challenge Air

As the Cessna four-seater picked up speed, Nicholas Robless knew his time was coming. Once the plane reached its mark, pilot Jeff Daniels would sit back and let the 12-year-old from Lenexa take over. Though he can’t walk...

Global Financial Crisis: Eurozone leaders agree on sweeping rescue plan; France, Germany, Italy...

Global Financial Crisis: A summit meeting of the leaders of the 15 member countries of the Eurozone on Sunday at the Élysée Palace in Paris, which was also attended by the Presidents of the European Commission and the European...

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