US car giants seek $21bn funding
Troubled US carmaking giants Chrysler and GM seek a further $21.6bn in government aid and unveil plans to cut 50,000 jobs.
February 18, 2009
MPC backs money supply expansion
Concerns about the effects of interest rates near zero on the profit margins of banks weighed on members of the Bank of England’s rate setting committee earlier this month, minutes of the meeting show
Legal & General to double reserves to ٟ.2 billion
LONDON (Reuters) - Life insurer Legal & General said it will more than double its credit default reserves to 1.2 billion pounds, a day after market speculation drove down its shares.