Taro Aso has dismissed Angela Merkel’s warnings about the risks of excessive public spending in the global downturn, saying Germany has failed to understand why strong fiscal action is vital for recovery
Chancellor Alistair Darling says business rates will go up by only 2% from April, instead of a planned 5% rise.
The City minister was told of Sir Fred Goodwin’s £703,000 a year pension and made no effort to stop the ex-RBS chief executive receiving it, Sir Tom McKillop said
WASHINGTON (AP) Sales of vacation and investment homes slid 22 percent last year, a sign that tough economic conditions and tight lending requirements shut out buyers, the National Association of Realtors reported Monday.
UK sales fell at a much slower rate in the first three months of 2009, prompting Sir Stuart Rose, chairman and chief executive, to declare that the retailer was recovering from ’self-inflicted injuries’
The Obama administration ratcheted up the government’s involvement in the US auto industry, raising the spectre of bankruptcy if debtholders, unions and executives at General Motors and Chrysler fail to make new sacrifices
Secure mortgage now, borrowers urged