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Archbishop brands short sellers bank robbers

Archbishop of York John Sentamu has denounced short sellers for bringing about the financial crisis. He says they are “clearly bank robbers”.


Derbyshire and Cheshire go Nationwide

The Derbyshire and The Cheshire building societies are to merge with Nationwide by the end of the year as part of a dual rescue package that will see Nationwide enter 2009 with around 1,000 branches, assets totalling more than £191bn and £122bn worth of retail deposits.

B&B taken under government wing

This morning Bradford & Bingley has been nationalised in part as a result of an inability to meet regulatory requirements.


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