Downturn ‘as bad as the 70s’
The economic slowdown is as bad as the Seventies and could "drag on for some considerable time", the Bank of England’s new deputy governor has warned. Charles Bean, who took over as deputy governor earlier this year, said that every time the markets began to rally "another grenade" exploded.... [continued]
Republicans step up campaign on eve of Denver
The Republicans are gearing up for a two-pronged attack on Barack Obama's presidential campaign as the Democratic party begins their convention in Denver today. The camp of Obama's Republican
presidential candidate John McCain responded to his selection of running mate, Senator Joe Biden, with two new television "attack" ads.... [continued]
Alexander Cockburn: Obama loses momentum in awful August 
US Election: Hillary holds the key as Dems meet in Denver
Team GB risks losing coaches
Team GB risks losing its top coaches to rival countries amid concerns about continued funding for elite sports such as sailing, rowing and cycling. The Beijing Olympics saw Britain take a record
medal haul since 1908, with 47 medals in total including 19 golds. However, yesterday Olympic chiefs... [continued]
In pictures: Beijing 2008 highlights
Olympic handover: Boris ploughs into the throng
Beijing Olympics 2008: the sport and drama in words and pictures
Eight missing in French Alps
Eight climbers are missing after a giant avalanche hit the French Alps early on Sunday morning. Exhausted rescue workers suspended their search last night after finding eight survivors buried in snow. However they were forced to abandon the rescue mission amid fears that a second avalanche could strike during the... [continued]
Thatcher’s dementia revealed
Margaret Thatcher's struggle with dementia has been revealed in a memoir by her daughter. Carol Thatcher tells how the former prime minister has been suffering from dementia for at least seven years.
Baroness Thatcher, 82, first began to show signs of dementia in 2000, and could not remember that her... [continued]
People: Carol Thatcher talks about Iron lady's dementia
Rock ‘could cost UK £1.28bn’
The nationalisation of the ailing bank Northern Rock could cost taxpayers £1.28bn, government advisers have warned. The crisis-hit bank’s debt to the government currently stands at £17.5bn after it paid off £9.4bn of its £26.9bn loan back to the Bank of England ahead of schedule. However there are concerns it... [continued]
