business and industry

Campaigners set out proposals for a better deal for low-income taxpayers
Academy of Medical Sciences

Contrary to popular belief, Lorem Ipsum is not simply random text. It has roots in a piece of classical Latin literature from 45 BC, making it over 2000 years old. Richard McClintock, a Latin professor at Hampden-Sydney College in Virginia, looked up one of the more obscure Latin words, consectetur, from a Lorem Ipsum passage,… Read more »

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Brown: Tories "flip-flopping" on Northern Rock
“Subprime” Brown attacked for “dodgy” Northern Rock deal

Gordon Brown was today likened to a used car salesman who had delivered a “dodgy” and “damaging” deal on Northern Rock. And David Cameron criticised the prime minister for repeatedly refusing to confirm the extent of taxpayers’ exposure over Northern Rock. Mr Cameron said: “He is like a used car salesman: won’t tell you the… Read more »

Alistair Darling to confirm Northern Rock plans
Darling confirms ‘Rock rescue plan’

Alistair Darling has outlined to MPs how the government plans to “save” Northern Rock. The chancellor will announce the sale of state-backed bonds in a bid to attract private investors. The £25 billion loan from the Bank of England will be converted into bonds guaranteed by the government, to then be sold on to private… Read more »