EU says deal struck with Russia over gas supply European leaders announced a breakthrough deal with Moscow last night that could see Siberian gas flowing to the households and heating systems of Europe.
Banks warn Brown on mortgage holiday plan Mortgage lenders are warning Gordon Brown that his scheme to prevent a surge in home repossessions could stifle new home loan lending despite yesterday's cut in interest rates from the Bank of England to an historic low of 1.5%.
Banks hold back on passing on reduction Savers were left in the dark yesterday after interest rates were cut to record lows.
Bank of Ireland cuts back UK mortgages and axes 600 jobs The collapsing British housing market was dealt a further blow yesterday after the Bank of Ireland said it was dramatically scaling back its UK mortgage operation, with the loss of at least 600 jobs.
Anger as lenders drag their feet on passing cut to homeowners Many of Britain's leading banks looked on a collision course with the government last night when they said merely that they were keeping their main lending rates "under review" after the Bank of England cut the base rate to an all-time low of 1.5%.
£100,000 fails to attract secondary school heads England and Wales face a chronic shortage of headteachers this year, despite state schools advertising £100,000 salaries for some posts.
We live in desperate times. So record low rates are no surprise. Wait for the next cut It was never in question that the Bank of England would cut interest rates today to their lowest level since the institution was founded in Threadneedle Street 315 years ago.
Taxpayers targeted by email scam Taxpayers are being targeted by thousands of fraudulent emails claiming to come from HM Revenue and Customs (HMRC) as the self-assessment deadline draws closer.
Soon mortgage lenders could owe us money Most of Britain's homeowners would never have dreamed that they could be paid for taking out a mortgage, but with the Bank of England preparing to cut borrowing costs today to their lowest level ever, lenders may have to cope with zero interest rates.
Russian gas crisis to keep bills high as firms divert UK stocks Hopes of big cuts in household energy bills faded yesterday as traders drove up UK prices by exporting gas to fill a growing shortage across Europe.