Investing & Markets

Even when prices are falling, your house can be hard at work making you richer

independent.co.uk     49 mins ago          

From running a B&B to opening your doors to a film crew, there are many ways in which bricks and mortar can earn their keep. According to recent research from Abbey, more than 18.2 million homeowners have at least one...                    

Nationwide swoops on battered rivals

telegraph.co.uk     33 mins ago          

Nationwide, one of Britain's biggest mortgage lenders, is in advanced talks to merge with the Derbyshire Building Society in a move expected to kick-start consolidation of the £350bn industry, The Sunday Telegraph has...                    

'Goldfinger' makes comeback with launch of $5bn hedge fund

telegraph.co.uk     33 mins ago          

By Louise Armitstead and Mark Kleinman Mark McGoldrick, a former Goldman Sachs trader whose track record earned him the nickname 'Goldfinger' during his career with the Wall Street bank, is making a comeback with a new...                    

Woolworths to shake up executive rewards

telegraph.co.uk     33 mins ago          

By Mark Kleinman and Dominic White The board of Woolworths, the high street chain which is facing a takeover bid from the retail entrepreneur Malcolm Walker, is to revamp its executive pay scheme following a slump in its...                    

Livingstones defy crunch with £230m dividend

telegraph.co.uk     32 mins ago          

ByJames Quinn The reclusive British property tycoons Ian and Richard Livingstone have banked £230m after granting themselves one of the largest dividends in British corporate history. The billionaires generated the cash...                    

Revealed: Chinese bank's £9bn raid on British shares

telegraph.co.uk     32 mins ago          

By Mark Kleinman and Damian Reece INVESTIGATION China's central bank has built stakes worth an estimated £9bn in Britain's index of leading blue-chip companies, including HSBC, Tesco and Unilever, an investigation by The...                    

Taxpayers face £300m hit in Brown's plans to prop up the housing market

dailymail.co.uk     3 hrs ago          

Taxpayers could face losses of up to £300 million as part of Prime Minister Gordon Brown’s plans to prop up the housing market. They will bear the brunt of any negative equity blighting the 10,000 homes the Government...                    

First time lucky: But Brown's rescue plan will offer little comfort for most

dailymail.co.uk     3 hrs ago          

Hours after the announcement of the Government’s ‘rescue package’ to help the crumbling housing market last Wednesday, Financial Mail asked a mortgage broker to find out what home loans were available for a young couple...                    

Bush: Congress should allow more offshore drilling

iht.com     7 hrs ago   21 related          

President George W. Bush says if Congress does not permit offshore drilling to increase U.S. oil supplies and possibly ease gasoline prices, lawmakers should not expect voters to support them in November. In his Saturday...                    

The Post-Jobs Report Freakout

wsj.com     9 hrs ago   15 related          

The jobs picture is looking really ugly. In August, the unemployment rate hit 6.1%, according to statistics from the U.S. Department of Labor, and basically cruised past consensus estimates of a slight increase to 5.8%,...