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The Telegraph (Free subscription) | 10/07/2008
By Robert Winnett, Deputy Political Editor Last Updated: 12:30PM BST 07 Oct 2008 of CompaniesRoyal Bank Of Scotland GroupHBOSThe Government is refusing to disclose details of an emergency bailout package being planned to provide billions of pounds to the country's banks. It is thought that the package will now be unveiled later this week. Shares in Royal Bank of Scotland (RBS), one of...
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The Telegraph (Free subscription) | 10/07/2008
By Robert Winnett, Deputy Political Editor Last Updated: 11:09AM BST 07 Oct 2008Shares in Royal Bank of Scotland (RBS), one of Britain's biggest banks which owns NatWest, fell by almost forty per cent after financial markets opened. Shares in Lloyds TSB were down more than twenty per cent and other banks recorded double-digit percentage falls.Billions of pounds were knocked off the values...
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The Telegraph (Free subscription) | 10/06/2008
By Robert Winnett, Deputy political editorLast Updated: 1:44AM BST 07 Oct 2008UK stock market suffers its worst fall in historyPhoto: PAUK stock market suffers its worst fall in historyPhoto: EPAShare prices on the FTSE 100 index fell by 391 points - almost eight per cent - on Monday, as the turmoil gripping financial markets intensified. The London fall was the biggest points drop in...
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The Telegraph (Free subscription) | 10/06/2008
By Robert Winnett Last Updated: 3:03PM BST 06 Oct 2008 Silvio Berlusconi, Angela Merkel, Nicolas Sarkozy and Gordon Brown met in Paris for talks on the international financial crisis Photo: REUTERS The German Government has announced that it would guarantee all savings in German banks – putting pressure on Britain and other European Governments to follow. The Stock Exchange amid growing...
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The Telegraph (Free subscription) | 10/05/2008
By Robert Winnett, Deputy Political Editor Last Updated: 6:30PM BST 05 Oct 2008Nick Brown, one of the Prime Minister's most long-standing supporters, has been appointed chief whip. Ian Austin, previously Mr Brown's parliamentary aide and his former special adviser, is also now a whip.The Prime Minister hopes that the new hard-line whips' office will help bring rebellious MPs back into...
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The Telegraph (Free subscription) | 10/05/2008
By Robert Winnett, Deputy Political Editor Last Updated: 5:52PM BST 05 Oct 2008 The Bank of England has predicted a worsening outlook for economic growth globally They believe the cut - followed by further reductions in the coming months - are essential as Britain faces a full-blown recession. The Bank has been cautious about cutting rates over the past few months as inflation is currently...
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The Telegraph (Free subscription) | 10/05/2008
By Robert Winnett, Deputy Political EditorLast Updated: 2:36PM BST 05 Oct 2008Phil Woolas, who takes up his new post on Monday, said Government policy must reflect the need for an upper limit on the size of Britain's population, in order to provide confidence to the native population that migration is “under control” He said: "On a common sense level there has to be a limit to the population....
