Morgan Stanley looks east after $9bn loss
19 Dec 2007
Big investment bank writes off several billion dollars and sells a big stake to Eastern investors. Haven't we done this story already?
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Merrill gets $5bn Christmas present
21 Dec 2007
Merrill Lynch may find $5bn in its stocking when it wakes up on Tuesday – it's apparently set to jump on the 'sell a stake to the east' bandwagon.
B&B coy on the Rock
19 Dec 2007
Northern Rock shares actually climbed today, after reports that Bradford & Bingley was interested in taking a stake - even though the building society has been busy playing down its interest.
King holds court
18 Dec 2007
Mervyn King got another grilling from the Treasury Select Committee this morning, on the day the Bank of England promised to guarantee another swathe of Northern Rock's debts.
More house price gloom
17 Dec 2007
The news isn't any getting better on the housing market - particularly if you live in London.
The great teacake mistake
14 Dec 2007
The humble M&S teacake could be about to cost the UK exchequer £3.5m – and it's all the Revenue's fault.
The week according to MT
14 Dec 2007
Our 60-second guide to the best of this week's business news: the Rock falls out, the Chancellor chickens out, and the WAGs work out...
Central banks ride to the rescue
12 Dec 2007
The world's central bankers have teamed up to try and bail out the money markets, promising to inject some extra funds into the system. Better late than never, some might say.
Rock sinks out of the big time
12 Dec 2007
Beleaguered Geordie lender Northern Rock suffered its latest indignity on Wednesday, when it was dumped out of the FTSE 100. And now, it's revealed that chief executive Adam Applegarth has decided to slope off six weeks earlier than planned.
Xstrata open to offers
12 Dec 2007
More excitement in the mining sector today, with Xstrata telling the world that it's up for sale to the highest bidder. It could make a nice Christmas present for a loved one, if you've got a spare £40bn lying around.
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