Downbeat speech from a resolute chancellor
Economics Editor Faisal Islam reflects on a low-key Conservative conference speech from George Osborne – one which nonetheless contained a few nuggets of new government policy.
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At least 33 people are killed and around 8 million are left without power after Superstorm Sandy wreaks havoc on America’s east coast, causing President Obama to declare a “major disaster”.
More than 7 million people have been affected by Sandy, and many of them have taken to YouTube share their video experiences.
Barclays can be sued for allegedly mis-selling interest rate swaps while rigging the Libor rate, in a landmark claim seen as a test case for thousands of businesses, a London judge rules.
As student Gaby Scanlon continues to recover from her liquid-nitrogen cocktail ordeal, the focus is turning to precisely how the drink was made.
Economics Editor Faisal Islam reflects on a low-key Conservative conference speech from George Osborne – one which nonetheless contained a few nuggets of new government policy.
Ex-HBOS director Peter Cummings is banned from holding another senior banking position and fined after the implosion of HBOS, which cost taxpayers £12bn.
It is the most powerful job ever advertised in Britain. It’s not just that the Bank of England Governor sets monetary policy, interest rates for savers and for borrowers.
Channel 4 News gains rare access to one of Syria’s most elite rebel fighting groups – the Farouk Brigade. French photojournalist Mani writes about his experiences with them on the front line.
Sir Mervyn King’s interference in the ousting of Barclays’ chief Bob Diamond is difficult to justify, the chairman of the committee investigating the Libor rate-rigging scandal tells Channel 4 News.
Syrian rebels say they have downed a fighter jet, with pictures emerging showing a man identified as the pilot surrounded by three armed men.
The UK government says it will give £5m to rebels fighting the regime of President Bashar al-Assad in Syria to pay for “non-lethal support for the political opposition”.
Taxpayer-owned RBS lost £1.5bn in the first half of the year after an IT meltdown and setting aside funds to compensate customers mis-sold financial products. It now faces fines for Libor rigging.
Helicopter gunships continue to bombard Aleppo in an effort to regain control of Syria’s second city from rebel fighters. But rebels remain confident after fighting off government attacks.
As the regime seeks to regain control of Aleppo, Syria’s commercial hub, fighting also flares again in the capital Damascus where another massacre is alleged to have taken place.
So Paul Moore, formerly responsible for compliance at HBOS and who was sacked after warning in 2004 that the bank’s lending was risky and in serious danger of-heating, has applied to be the Chairman of Barclays. Mr. Moore, whom I met and talked with extensively last week, is unlikely to be hanging around his phone in the expectation of a Barclays call. Although, I have met no one who knows quite so much about where the more noxious of the banking bodies are buried.