The International Monetary Fund has called on eurozone governments to take urgent steps to clean up the banking system as losses mount, and advised the European Central Bank to prepare "all unconventional options" in case the crisis deepens. IMF tells Europe to come clean on bank losses
Swingeing cuts in Latvian government spending helped to boost the shares of banks in Sweden yesterday as investors took comfort from the prospect that the Baltic state may avoid a damaging currency devaluation. Latvia budget cuts ease fears of Sweden's nervous banks
The pound will stay weak as long as the chaos over Gordon Brown's Prime Ministership continues, experts warned after another volatile day's trading in the currency markets. Gordon Brown leadership chaos 'will keep pound lower'