King: inflation may drop below 1%
Bank of England Governor Mervyn King has said that Britain's inflation rate may fall below one per cent next year, the lowest since 2002. He also hinted at extra measures to support bank lending to
households and businesses. In his letter to Chancellor Alistair Darling to explain why inflation... [continued]
The Business Pages: the latest financial news ![]()
Caroline Kennedy to run for Senate
Caroline Kennedy, the daughter of John F Kennedy, is to run for Hillary Clinton's New York Senate seat, according to the New York Times. Kennedy, who has spent much of her life since the
death of her father avoiding the spotlight, was an active figure in Barack Obama's election campaign... [continued]
People: Kennedy seeks Democratic nomination for Senate ![]()
Americans: Desiree Rogers, the 'Zulu queen' in charge of Obama's guest list ![]()
American Transition: news, gossip and analysis in the weeks before Obama takes office ![]()
Charles Laurence: Caroline passes on the sword of Camelot ![]()
Madoff fraud hits world’s banks
The extent of the world's largest fraud case became clear yesterday when banks and wealthy investors around the globe announced probable losses of $19.5bn. British banks' exposure to the fraud by
Bernard Madoff, which the legendary Wall Street trader has admitted could go as high as $50bn, is so far... [continued]
Philip Delves Broughton: Bonfire of the Vanities - it’s the 2008 edition ![]()
People: legendary trader Bernard Madoff arrested ![]()
Mugabe ally shot by gunman
A key ally of President Robert Mugabe has survived an assassination attempt, Zimbabwe's state media is reporting. The head of the air force, Perence Shiri was shot in the arm by an unnamed gunman on
Saturday in north-west Zimbabwe, the Herald newspaper said. The assailant is believed to... [continued]
Zimbabwe Today: exclusive reports from Harare ![]()
PM calls for peace in Middle East
Gordon Brown has called for 2009 to be the "year of peace" in the Middle East. The British Prime Minister used a Palestinian business conference in London to urge Israel to stop settlers blocking
peace. The Premier discussed the situation with Palestinian PM Salam Fayyad at No.10 on... [continued]
Taliban lite: the commander who likes sex and shopping ![]()
Barak sends army to defend Palestinians from settlers ![]()
The Mole: Latest news from Downing Street ![]()
Tories slate Jowell’s gloomy outlook
The Tories have described pessimistic remarks by Tessa Jowell about the state of the economy as a "stunning admission" of the Government's true position on the scale of the economic downturn. The
Olympics Minister said in an interview that Britain is facing a recession "deeper than any that... [continued]
The Mole: Latest news from Downing Street ![]()
Royal Mail stake to be sold overseas
A £3bn stake in Royal Mail is reportedly set to be sold to a foreign postal company, under a plan that would eventually see full privatisation of Britain's mail services. At least a third of the
state-owned firm that runs Britain's postal network could soon be sold to... [continued]
The Business Pages: all the latest financial news ![]()
Time to send the Post Office to market ![]()
Rapist guilty of Blackman’s kidnap
The Japanese serial rapist Joji Obara has been found guilty of abducting, mutilating and abandoning the body of British woman Lucie Blackman after a panel of three Tokyo appeal judges partially overturned an earlier ruling acquitting him of involvement in her death. Obara, a wealthy property developer was acquitted... [continued]




