Truemors
Banks go begging for £40bn lifeline in the biggest nationalisation deal in h...
Bank bailout, still no money for credits and innovation. " 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...
UK announces £50 billion bailout plan
The UK government held emergency meetings yesterday after shares in the country's major banks took a nosedive. This morning chancellor Alistair Darling, who heads UK finances, has detailed a plan for a £50...
UK Government refuses to rescue councils caught in Iceland bank collapse
The UK's consumer savings protection laws will be put to the test for the first time after the colapse of Iceland's Landsbanki, which had banking outlets in the UK under the name ICEsave. However it has emerged...Barclays, RBS in Talks on U.K. Government Funding
RBS and Barclays banks in the UK are thought to be the next to be in trouble, with shares in both banks plummeting today. It is thought that the UK government is going to take partial ownership in both banks."The U.K. government may invest at least 45 billion pounds ($79...After record losses on the FTSE and Wall Street, how much worse can it get?
Wow now we have the hype and the problem is made to be 10 times worse than it really is. I wonder if the media realises its power of causing a real finacial melt down, people panic sell their shares move their money buy gold. This sudden slump on the stocks and...
Alistair Darling's shocking admission: British economy is at a 60-year low - ...
Credit crunch hits the Uk with Bank place London. With the dramatic downturn of the housing market, it will lead to 2 million unemployeed at christmas, Worst scenario since 1945. Photo shows Transport...Government relents and scraps fuel duty rise
The UK government has cancelled a planned 2p rise in fuel tax in light of the ever increasing petrol prices. However the timing to the decision, coming as it does shortly before the very important by-election in Glasgow East, has being deemed suspicious. Gordon Brown may be...
Gordon Brown's 'deeply gloomy' taste in art revealed
Brown's choice in art is conventional in many respects and shows a good solid taste if perhaps a little dark. The Hodgkin piece with typically the painting going on to the actual frame is an interesting choice. "...
Summer strikes for unions
800,000 public sector workers, including school dinner ladies and council trash collectors, are going to stage a strike in the UK next month. The union, Unison, is just one of many that are threatening to stage a "summer of discontent" of strikes over the skyrocketing cost of...
Leader of American Body Parts Ring Apologizes in Court
OpinionBarry Artiste, Now Public ContributorOne cannot imagine how many apologies would be sufficient to appease those whose deceased family members organs were butchered out of their bodies in funeral homes in...
created by Barry Artiste | 1 year ago | updated 1 year ago
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