Archive for recession

Alistair Darling ‘concerned’ over banks’ lending

Chancellor says he is “extremely concerned” that banks may not be abiding by pledges to increase lending during the downturn.

Ben Bernanke to set out Federal Reserve’s vision for US economy

The chairman of the Federal Reserve set to deliver semiannual testimony on the economic outlook.

Goldman bankers in line for record 20bn pay day after profits soar

Investment bank’s staff on course to share bumper bonuses after 65pc profits rise despite global turmoil.

Nine months before we see effects of £125bn quantitative easing says Bank of England

It may take a full nine months before the UK sees the effects of quantitative easing on the economy the Bank of England’s deputy Governor has said.

Tim Geithner: recession will be over within months

US Treasury Secretary says there is a “very strong chance” of economic growth returning in the coming quarters.

Serious Fraud Office’s workload is on the rise thanks to the recession

The downturn means that squad charged with tackling financial crime in Britain are busier than ever.

British Chambers of Commerce: worst of the recession is over

British Chambers of Commerce says that economy is still facing serious headwinds as it fights recession.

Archie Norman: the exAsda boss who saves businesses on the shelf

No one could accuse Aurigo Management’s Archie Norman of being an underachiever. At 55 the one time Tory MP and exAsda boss has been dubbed the turnaround king – a title once again ripe in times of recession.

H?T forecasts record results

Pawnbroker benefits from higher gold prices.

City bonuses make a comeback but recession never left

Bankers do not deserve bonuses until a real economic recovery begins says James Delingpole.