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Banks In Talks As Shares Plunge The Government will discuss the structure of a possible bank recapitalisation scheme with the country's major lenders "over the next couple of days", an industry source has said.

FTSE Down Again After Stock Panic
The FTSE 100 Index has dropped again this morning after its biggest fall in 20 years.


Icesave Freezes UK Bank Accounts Icelandic internet bank Icesave has stopped UK customers withdrawing their money.

Aussie Interest Cut Relieves Asia
The lack of a clear, thought-out global response to the financial crisis has once again punished Asian markets.


BHS Announces 40% Fall In Profits Operating profits at retailer BHS have fallen 40% in the last financial year, but the owner argues the financial crisis is not a disaster for the shops.