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This is Money
Factory gate inflation fell by 1 per cent last month, the largest decline ever recorded by the Office for National Statistics, as commodity prices continued to tumble.
Factory gate inflation plunges
Families could see their homes sold from under them by mortgage lenders after just two missed repayments following a landmark High Court ruling.
Lenders can sell homes without court order after two missed mortgage payments
Barclays is facing a severe backlash from UK shareholders who want the bank to change the terms of its 7bn fund raising.
Barclays faces backlash over fund raising
Shares in Santander, the owner of Abbey and Alliance & Leicester, fell by more than 5 per cent yesterday after the Spanish bank announced a surprise rights issue of 7.2 billion (5.9 billion).
Santander announces 7.2bn capital-raising
The bankruptcy of Circuit City is a chilling foretaste of what could await us in Britain. Two years ago, the second-biggest electronics retailer in the United States was worth more than $5 billion. Yesterday, the equity was wiped out.
Circuit City: Short circuit could spark wider fire
Fears grow for future of GM as its shares plunge after a Deutsche Bank analyst said they could be worth nothing within 12 months.
GM tumbles after downgrade
The US Government rushed to the rescue of AIG for a second time today, taking a $40 billion stake in stricken American insurer as it unveiled massive losses for the third quarter.
AIG receives second US bailout on $24.5bn loss
The rating agency on Monday downgraded a slew of emerging market economies including Bulgaria, Hungary, Kazakhstan and Romania (which it cut to junk). Fitch also revised to negative from stable the long-term foreign currency ratings of South Korea, Mexico, Russia and South Africa, and to cut to stable from positive Chile and Malaysia.
Fitch takes an axe to emerging markets
In a desperate attempt to shore up public confidence in its failing economy, the South Korean Government has moved to a wartime footing last seen in the days of the Asian financial crisis of 1997
Seoul struggles to silence crisis talk