Sell and Ren Back

Thousands of jobs are to be lost at Royal Mail depots and sorting offices affecting virtually every town across the country.

recession

New US Treasury Secretary Tim Geithner has vowed to immediately start work to heal the faltering American economy promising to do everything in his powers to get the country’s economy back on track.

recession

A second multimillionaire is returning to the High Court to try to renegotiate his divorce settlement because he claims his fortune has been obliterated by the recession

recession

Up to 160 jobs could be lost in County Durham as a glass factory may close due to the recession.

recession

The Royal Bank of Scotland has reported a £40bn loss before tax the biggest in UK corporate history. Net losses which come after tax and interest and other charges came in at £24.1bn.

recession

UK cities outside south-east England are likely to be hit hardest by recession, a new report suggests.

recession

General Motors is to set take “aggressive steps” to reduce its costbase in Europe as it prepares to tell the US government it needs more emergency funding or faces bankruptcy.

recession

Natasha Rogoff 31 lost her job at Lehman Brothers in September now sells Italian food and produce at Farmers Markets throughout London.

recession

Retail price index figures are expected to show falling prices for the first time since Harold Macmillan was prime minister.

recession

The pound rose sharply to regain some ground against the dollar on Monday after falling to a 23year low last week.

recession

Meggitt the British engineering and aerospace group is planning to axe up to 750 jobs as part of a programme to cut by about £50m a year.

recession

House prices in the UK dropped by 2.3 per cent during December pushing the annual rate at which values are falling to a new record figures show.

recession

The government intervened on Tuesday to head off another threat to the heavily depressed construction industry by providing new finance to prevent the collapse of the onetime flagship private finance initiative PFI.

recession

A plan to help people manage their money better in the recession will be unveiled by the assembly government later.

recession

The credit crisis is set to turn the recessionhit UK into a nation of television addicts and couch potatoes experts predict.

recession

Insolvency specialist Begbies Traynor reported a jump in firsthalf sales after more companies sought its help.

recession

GlaxoSmithKline Britain’s biggest pharmaceuticals will announce it is cutting thousands of jobs when it posts fullyear results this week the Sunday Telegraph has learnt.

recession

Nationalised bank Northern Rock which suffered losses of £1.36bn last year paid more than £1.2bn in interest and fees on its borrowings from the taxpayer.

recession