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Gordon Brown

Darling weighs boost for banks

By George Parker, Political Editor Alistair Darling, the chancellor, met leading bankers on Monday night to discuss the possibility of a multi-billion pound taxpayer-funded capital injec­tion into the sector, in an attempt to...

European front to deal with economic crisis descends into 'every country for itself' shambles

A so-called united European front to deal with the economic crisis descended into shambles yesterday as countries shored up their own tottering banking systems. Confusion swept across the Continent's capitals after Chancellor...

Peter Mandelson in hospital on first afternoon of new cabinet job

The business secretary, Peter Mandelson, spent the first afternoon of his new job in hospital undergoing an emergency operation to have a kidney stone removed. He attended the first session of Gordon Brown's newly formed...

Darling may raise deposit protection

By Nigel Morris and Andrew Grice The Government's guarantee to protect up to £50,000 of savers' deposits if a bank collapses could be increased as it attempts to bring calm to Britain's turbulent money markets. The limit is...

Disarray in Europe as governments struggle to agree coordinated action

Damage limitation exercise under way but Spain may follow German unilateral guarantee to depositors Germany's go-it-alone decision to prevent a run on its banks by guaranteeing up to €1 trillion of individuals' deposits was...

Brown critic 'ends hostilities'

Gordon Brown will be at the first post-summer Cabinet meeting One of Gordon Brown's leading critics has said his campaign for a change in Labour's party leadership is over. Labour MP George Howarth told a Parliamentary Labour...

End use of fossil fuels in 20 years, UK warned

Britain must abandon using almost all fossil fuels to produce power in 20 years' time, the government's climate change watchdog will warn today. The independent Climate Change Committee will publish its advice to the government...

Glenrothes by-election date set

The Glenrothes by-election will take place on 6 November, Labour MPs have been told. It has not yet been decided if Prime Minister Gordon Brown will be campaigning ahead of the contest. The Glenrothes seat was left vacant after...

Financial Crisis Stock markets braced for more economic turmoil

Stock markets are braced for further economic turmoil after shares tumbled across the world yesterday. A statement by Alistair Darling, the Chancellor, to Parliament failed to calm nerves with the stock market taking a further...

Conservative shadow cabinet reshuffle

David Cameron, the Conservative leader, has carried out a limited shadow cabinet reshuffle in response to last week's creation of a new Whitehall department. By Rosa Prince, Political Correspondent Greg Clark is promoted from...

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