Homeowners hit by credit crunch

March 28, 2008 on 2:01 pm | In Business News | No Comments

LONDON (Reuters) - Millions of homeowners face sharply higher mortgage costs with big banks and regional building societies raising rates and tightening lending criteria as a global financial crisis feeds through to consumers.

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Homeowners hit by credit crunch

FTSE ends down on banks and oils

March 28, 2008 on 1:51 pm | In Business News | No Comments

LONDON (Reuters) - The FTSE 100 index ended lower on Friday as banks and oil shares weighed, although Enterprise Inns jumped on hopes of becoming a low-tax real estate investment trust.

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FTSE ends down on banks and oils

Turbulence forecast as EU and U.S. embrace Open Skies

March 28, 2008 on 1:26 pm | In Business News | No Comments

LONDON (Reuters) - Airspace between Europe and the United States will become liberalised for the first time on Sunday, setting the …

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Turbulence forecast as EU and U.S. embrace Open Skies

Citigroup to name new U.S. consumer chief in shuffle

March 28, 2008 on 1:02 pm | In Business News | No Comments

NEW YORK (Reuters) - Citigroup is hiring Terri Dial, credited with reviving Lloyds TSB Group’s core UK retail banking, to take over its flagging U.S. consumer business, a person familiar with the matter said on Friday.

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Citigroup to name new U.S. consumer chief in shuffle

Inflation worries knock Europe shares lower

March 28, 2008 on 12:44 pm | In Business News | No Comments

LONDON (Reuters) - European stocks fell on Friday, as signs of building inflation pressures in the euro zone dampened hopes for any European Central Bank rate cut soon, banks and oil stocks also dragged the index lower.

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Inflation worries knock Europe shares lower

Dairy Crest shares hit by higher taxes and charge

March 28, 2008 on 12:36 pm | In Business News | No Comments

LONDON (Reuters) - Dairy Crest Group , Britain’s largest maker of dairy products, said it should meet forecasts for underlying annual profit, but news of higher tax rates and an exceptional charge hit its shares on Friday.

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Dairy Crest shares hit by higher taxes and charge

Ryanair to cut up to 40 jobs to offset fuel costs

March 28, 2008 on 12:09 pm | In Business News | No Comments

DUBLIN (Reuters) - Ryanair said it would close its Dublin telesales operation, affecting up to 40 jobs, because phone bookings have been eclipsed by Internet reservations, and to help offset high fuel costs.

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Ryanair to cut up to 40 jobs to offset fuel costs

Kingfisher faces downgrade to junk credit rating

March 28, 2008 on 11:15 am | In Business News | No Comments

LONDON (Reuters) - Kingfisher’s credit ratings came under pressure on Friday as Standard & Poor’s said it might cut the company to “junk” status while Moody’s Investors Service warned it was “too weak” for …

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Kingfisher faces downgrade to junk credit rating

Brown loses favour as economy starts to flag

March 28, 2008 on 10:14 am | In Business News | No Comments

LONDON (Reuters) - The credit crunch is starting to damage the British economy with voters feeling as bad as they did in the slump of the early 1990s and increasingly unhappy with the …

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Brown loses favour as economy starts to flag

Credit crunch hits home for millions of Britons

March 28, 2008 on 9:50 am | In Business News | No Comments

LONDON (Reuters) - Millions of homeowners face sharply higher mortgage costs with big banks and regional building societies raising rates …

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Credit crunch hits home for millions of Britons

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