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Daily Mail

Money | Mail Online

Thousands of UK jobs secured as Vauxhall's Ellesmere Port plant is saved
After decades of uncertainty and living on a knife-edge, the long-term future of the plant has for the first time been assured.
FTSE Close: Greek euro exit dread hangs over markets
London's leading shares index fell to its lowest point since December today as fears that Greece will crash out of the eurozone continued to plague world markets.
Eurozone crisis: Greek investors pull ¿1.4bn in deposits out of banks in two days
Greek citizens are withdrawing deposits from domestic banks at an increasing rate as fears grow that the country faces a rapid devaluation if it leaves the eurozone. Investors pulled out €700million from Greek banks on Monday, and the same figure again yesterday.
CML: Lending to first-time buyers surged 74% in rush to beat stamp duty holiday deadline
Some 24,000 loans worth £3billion were given out to first-time buyers ahead of the March 24 deadline, after which they are no longer able to take advantage of the 1 per cent duty on homes costing under £250,000.
How anyone can create a successful online business for next to nothing - The Final Chapter
Be your own boss in 2012: In this final chapter we round up some of the most important tips and tricks of the online trade.
Bank of England admits inflation will now overshoot for 'a year or so'
In February the Bank forecast that inflation would be back down to the 2 per cent target by the end of this year but, after the headline rate ticked up to 3.5 per cent in March, the Bank has been forced to backtrack.
New state pension age shock: 'Babies to work until 77'
New findings raise the prospect of a baby girl, born today, retiring nearly two decades older than her grandmother who stopped working at the age of just 60.
Facebook float gets boost with 25% extra shares
The announcement that extra shares would be available comes after Facebook raised the expected price range to $34-38 - but corporate giant General Motors plans to pull out of advertising on the site.
Interest rates: News and predictions
We explain the factors that will decide when interest rates rise - and how quickly, including the latest forecasts from markets and economists

Evening Standard

Evening Standard - Business

EU leaders turn screw
Eurozone leaders have said they would decide by the end of the month on whether to increase its firewall against the debt crisis
JPMorgan commodities chief Masters leaps to record £1.8bn
Blythe Masters, the British woman who runs JPMorgan's commodities division, has steered the department to record revenues exceeding $2.8 billion (£1.8 billion) in 2011
Controversial UBS building work starts
Following the controversy of English Heritage trying to prevent its construction, British Land has started work on Swiss bank UBS's new building at 5 Broadgate in the City
Barclays makes U-turn as it accepts £7bn ECB handout
Barclays has admitted that it had changed tack and borrowed cheap money from the European Central Bank in this week's huge liquidity boost
City Link costing Rentokil a packet
The City Link parcel delivery business has become the albatross around the neck of Rentokil
Morrisons targets mums
Morrisons chief executive Dalton Philips says his ambitions for Kiddicare are "massive"
Economy is building up
Britain's economy is on track for a bounceback in the current quarter after the building industry's strongest growth for almost a year in February
Hotelier Ibis set to check into Shepherd's Bush
Hotel group Ibis hopes to transform a rundown 1960s building overlooking Shepherd's Bush station
Glaxo thinks big with Japan joint venture
GlaxoSmithKline, Britain's biggest drugmaker, has set out plans for a joint venture with Tokyo-based Daiichi Sankyo that will make it the largest vaccines company in Japan

Mirror
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The Independent

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David Cameron and Sir Mervyn King urge eurozone action

Sir Mervyn King and David Cameron led an attack on a lack of progress in tackling the eurozone crisis today as the region's problems threatened to hamper UK growth.
Bank of England chief delivers hard-hitting verdict on Europe's debt
Sir Mervyn King and David Cameron led an attack on a lack of progress in tackling the eurozone crisis today as the region's problems threatened to hamper UK growth.
Skiers and miners lift Compass profits
Supplying healthy US hospital food, Disney’s staff canteen, the Mammoth Mountain ski resort in California and miners canteens in Australia all helped Compass post a strong 7.7 per cent rise in first-half profits today.
Markets uneasy as Greeks empty €800m in savings from banks

The shockwaves from Greece's failure to form a coalition government have continued to reverberate around markets, though upbeat US economic indicators gave the more positive-minded investor something to latch on to.
US economy provides some relief to markets after Greek chaos
The shockwaves from Greece's failure to form a coalition government continued to reverberate around markets on Wednesday, though upbeat US economic indicators gave the more positive-inclined investor something to latch on to.
Greek chaos continues to roil world markets
The shockwaves from Greece's failure to form a coalition government continued to reverberate around markets on today, with investors concerned that the country was heading for the euro exit door, thereby fracturing Europe's single currency.
Bank of England warns of 'storm from Europe' as growth forecast is cut
Sir Mervyn King delivered a hard-hitting verdict on Europe's debt woes today as he admitted the crisis will hamper UK growth this year and next.
California, the ninth largest economy in the world, resorts to austerity

Taking a deep breath, California's most powerful man strode to a lectern and unveiled the fiscal policy that he hopes will keep America's most populous state from falling into bankruptcy.
Rain on his parade – then François Hollande flies into a storm

France's new President, François Hollande, stepped up his demands for a European growth plan during his first meeting with Chancellor Angela Merkel last night, insisting that a switch away from austerity was essential to help Greece remain in the eurozone.

Telegraph

Economics, interest rates, house prices, inflation, Bank of England

Athens in limbo as radical leftist waits in the wings
Greece appears set to elect an untested hard-Left political newcomer as its next prime minister after rival leaders set an election date of June 17 and installed a caretaker government with few powers.
Debt crisis: Greek euro exit looms closer as banks crumble
A tsunami of capital flight from Greece threatens to overwhelm the authorities, forcing the country out of the euro before fresh elections in June.
Euroland's €1 trillion question: after Greece goes, can Spain stay in?
Everyone knows Greece is leaving the euro, the real challenge is preventing the fall-out extending to Spain.
IIF's Charles Dallara says Greek exit 'somewhere between catastrophic and armageddon'
The damage to the rest of Europe from Greece leaving the euro would be "somewhere between catastrophic and Armageddon", the chief negotiator for the body representing private sector holders of Greek bonds said on Wednesday.
Debt crisis: as it happened - May 16, 2012
The Bank of England has cut its growth forecast for this year and said the economy won't fully recover until 2014, with the eurozone posing the biggest risk, as markets remain under pressure from fears of a Greek euro exit.
Household squeeze worsens as inflation overshoots
Households face another crippling squeeze on disposable income this year after the Bank of England sharply lifted its inflation forecast and warned of rising mortgage costs, while expressing "surprise" that wages have been so weak.
Europe will be left behind by China if eurozone does not reform, Richemont warns
People who "work their butts off" in northern Europe should not be expected to bail-out the likes of Greece and Spain, according to the head of luxury goods company Richemont.
Debt crisis: live
The Bank of England has cut its growth forecast for this year and said the economy won't fully recover until 2014, with the eurozone posing the biggest risk, as markets remain under pressure from fears of a Greek euro exit.
Sir Mervyn King warns eurozone is 'tearing itself apart' and cuts UK growth forecasts
The Bank of England warned the eurozone was "tearing itself apart" as it cut its UK growth forecasts and said inflation would stay higher for longer than it previously thought.