Mervyn King to face hostile TUC amid determination to 'protect public from banks'
Mervyn King is expected to defend the Coalition's plans to sharply reduce Britain's deficit as he faces what is expected to be a hostile audience at the TUC conference in Manchester today. telegraph.co.uk |
Bank of England may shift to 'heavy-duty credit easing', says rate setter Adam Posen
Rate setter says bank might aim to cut borrowing costs in specific areas of the economy should its buying of gilts prove ineffective. telegraph.co.uk |
Ocado faces challenging times ahead
Ocado pushed ahead yesterday with plans for a new distribution centre in Warwickshire. telegraph.co.uk |
Financial Stocks: Banks down sharply for second day
Financials are the worst-performing sector for a second straight day. Big banks see more losses as the foreclosure investigation continues. feeds.marketwatch.com |
French minister: No fuel shortage at Paris airport
By 2010-10-17T14:19:52ZPARIS (AP) -- France's transport minister insisted Sunday there was plenty of fuel for planes at Paris' Charles de Gaulle airport, despite strikes that forced aviation authorities to order some jets to arrive with enough fuel to get back home.... hosted.ap.org |