BT shares slumped this morning after the telecoms group announced a surprise profit warning in a trading update. Shares in BT fell 21 per cent...

Barclays is raising up to 7.3 billion of capital from investors including from a Qatar sovereign wealth fund. The bank's share price rose...

Some 24 per cent of companies have plans to make new or further redundancies in the next twelve months with older workers taking the brunt...

A range of anti-capitalist and anarchist groups will gather in Canary Wharf tonight for a Halloween party to "dance on capitalism's grave". Businesses...

Royal Dutch Shell has reported a 71 per cent rise in third quarter profits on the back of high oil prices. The oil group's...

The government is taking steps to provide banks with 4 billion to lend to small businesses. Alistair Darling and Lord Mandelson are today meeting with...

Lloyds TSB has appointed just one HBOS executive to its board following the completion of its takeover. Out of the five board appointments made, only...

More interest rate cuts are needed to stop the UK falling into a depression, a Bank of England rate setter has warned. The financial crisis...

Unilever has posted a 60 per cent increase in profit for the third quarter, despite the economic downturn. The consumer goods giant, which owns household...

Five-year efficiency demands placed on Network Rail by the rail watchdog have prompted a dubious response. The Office of Rail Regulation's (ORR) period...

Woolworths has decided it will be using online recruitment methods to hire its Christmas staff this year so that the process is made as easy...

The amount of time most people in the UK spend commuting to and from work everyday has fallen for the first time in a decade...

Toshiba profits fell 99 per cent over the second quarter as flash memory prices fell and demand for home appliances continued to decline. The Japanese...

The FTSE 100 was up over five per cent at lunch today as confidence returned to the markets ahead of another round of global interest...

Hedge funds could face billions of pounds of losses after bets on the falling price of Volkswagen turned against them. Hedge funds expecting the price...

German flag-carrier Lufthansa is taking a controlling stake in airline BMI British Midland as the industry consolidates further. The deal will result in the...

Average tracker mortgage deals are stuck at 2007 levels, despite the Bank of England's interest rate cut this month. In October 2007, the average...

Dutch insurer Aegon has received a 3 billion (2.4 billion) investment from the state as a 'buffer' in case global markets fall further. The...

Oil giant BP has increased its third quarter profit by 148 per cent on the soaring price of crude. Although the price of oil has...

Aviva shares rose after the insurer insisted its capital position was strong in an interim statement. The UK's largest insurance firm said it has...

British Airways has been hit by a 2 million fine by the Australian competition watchdog after it and Australian airline Qantas were involved in a...

The Bank of England estimates the global banking crisis will create losses of 1.8 trillion, and is warning of future crises for hedge funds...

Recruitment in the hotel industry could remain strong following Travelodge's announcement that it plans to open 22 new hotels between now and Christmas, is...

Many senior recruitment professionals have a positive outlook for the future of the jobs industry, especially for temporary workers, despite the threat of a recession...

The roots of the global financial crisis lie in the September 11th 2001 terrorist attacks and the US reaction to rebuilding the nation, it has...

Trade union Unite is calling for the protection of jobs in the finance industry, claiming workers are victims of the credit crisis, not the authors...

Tesco is extending the time it takes to pay suppliers by 30 days in the run-up to the Christmas season. The grocer has written...

World markets tumbled on Monday as central and international efforts to stabilise the global economy were thwarted once again. Japan's Nikkei led the falls...

The FTSE 100 plunged five per cent after opening on overnight falls in the Asian markets and fears of a worldwide recession. After closing at...

Beer sales fell by 7.2 per cent over the last quarter, the sharpest fall in a decade as consumers tighten their belts in anticipation...

The London Stock Exchange (LSE) has confirmed it has begun its hunt for a successor to current chief executive Dame Clara Furse. A newspaper report...

Changes in the way job seekers look for vacancies means that some employers are missing out on the perfect people to fill available roles, it...

Around 80 per cent of job seekers are now turning to the internet and using online recruitment when they are looking for vacancies, it has...

The International Monetary Fund has announced a $16.5 billion (10.4 billion) loan for Ukraine as it labours in the global financial crisis. A...

Six Irish institutions have signed up to a government plan to guarantee their operations. Allied Irish Banks, Bank of Ireland, Anglo Irish Bank, Irish Life...

European and Asian leaders meeting in Beijing have pledged to oversee extensive reform of international financial systems. The promise came as world markets slumped on...

The FTSE 100 dropped some 8.79 per cent this morning as official figures showed the UK economy had contracted faster than expected. A 0...

The UK economy has suffered its first negative quarter of growth for over 16 years, bringing it closer to recession. Between July and September and...

The government faces a day of industrial action from Britain's biggest public sector union, as opposition to the two per cent pay cap continues...

The insurance sector looks to be one of the best places to look for jobs as it has seen a rise in the number of...

Training employees is still important and companies should not cut budgets to save money during the credit crunch, it has been claimed...

The job being done by those working in the recruitment or even online recruitment sector is being valued more than ever as they have experienced...

The FTSE 100 opened with a drop but bounced back to hold its value. At 8:52 BST the index stood at 4,073.73...

Mortgage approvals for home buyers fell 56.6 per cent on a year ago, according to new figures from the British Bankers' Association (BBA). In...

The annual retail growth rate has fallen to its lowest level in two-and-a-half years as the High street slowdown continues. The rate...

Alistair Darling and Lord Mandelson meet bank chiefs today to push for greater lending to small businesses. The chancellor and the new business secretary are...

The FTSE 100 failed to hold onto its position this morning as global falls of the stock markets and poor UK data brought the index...

The FTSE 100 closed up 1.16 per cent today to 4,087.83 on a day marked by further global sell-offs. On a...

Alan Greenspan says the US economy is experiencing a "credit tsunami" and warns it will be "many months" before confidence will be restored. The former...

Some public sector IT companies are finding it increasingly difficult to recruit new employees as the number of people graduating from university courses is falling...