business and industry
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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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 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 »
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