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Lehman Brothers was in talks on Thursday night with potential buyers, including Bank of America, in a last-ditch attempt to stave off collapse after investors gave a thumbs-down to its survival plans
Gordon Brown’s promise to raise £910m from energy companies to fund a national home-insulation drive will cost the industry far less than the headline figure because the cost can be knocked off their tax bill
Gordon Brown reveals the government’s long-awaited measures to help people struggling with energy bills.
Supermarket chain Morrisons thanks bargain-hungry shoppers for a rise in half year profits, up 19% to £295m.
Financial stocks led Wall Street to a lower open amid the continuing fall-out from Lehman Brothers’ difficulties. Lehman fell more than 40 per cent in early trade, while Merrill, WaMu and AIG were also sharply lower
Wm Morrison, Home Retail Group and John Lewis added to the gloom in the retail sector on Thursday, providing further evidence that recovery is months away