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Taxpayers will be committed today to providing more than £50 billion to bail out high street banks in an attempt to avert a cataclysmic failure of confidence. Alistair Darling was due to tell the City in an early morning announcement today that the ...

The financial system lurched closer to a catastrophic breakdown last night after the US Congress dramatically rejected a bailout plan designed to restore confidence to paralysed banks. Wall Street suffered one of its worst days in history. In 24 ...

Chancellor Alistair Darling today launched a drastic rescue of Britain's high street banks in move designed to head off a cataclysmic failure of confidence by announcing a part-nationalisation plan with £50 billion of taxpayers' money. He said there ...

President Bush today warned Americans and the US Congress that a failure to pass his $700 billion financial rescue package will trigger dire economic consequences, as frantic behind-the-scenes efforts continued to resurrect the plan after its ...

Team CSC T-Mobile Professional Cycling 1 Nicki Sørensen (Den) 11 Mark Cavendish (GBr) 2 Kurt Asle Arvesen (Nor) 12 Marco Pinotti (Ita) 3 Juan José Haedo (Arg) 13 Lorenzo Bernucci (Ita) 4 Marcus Ljungqvist (Swe) 14 Ian Stannard (GBr) 5 Anders Lund ...