click to enlarge He plundered your pension than Crash Gordon worked his magic on the stock market. To mis-quote Neil Kinnock, "I warn you: don't get old, don't invest your pension in the stock market". One long Tory boom, two Labour "boom to busts"...

The Treasury is suffering from a shortfall of up to £6 billion in tax income because of the collapse in the property market and hundreds of thousands of small investors fleeing the stock market leading to a sharp fall in stamp duty revenues.

The stock market turmoil has taken a considerable toll on the Scottish economy reducing two of the country's biggest financial institutions almost to their knees and undermining Alex Salmond's case for independence.

After Congress’ understandable blocking of the $700bn Paulson Plan - the biggest bailout ever, since the days of nationalised industry and subsidisation (though not something the normally free-market US has really known before) - the UK stock market appears to be in freefall.  Nancy Pelosi’s partisan speech killed the deal: not to mention that the

I've been taken aback at how many people are worried about stock market falls. It's legitimate to be worried about the banking system and whether the American crisis will ruin the world banking system, but to worry about the stock market? Stocks go up and down. During the dot.com crash the FTSE went from 6900 in Jan 2000 to 3287 in March 2003. By contrast the current bear market (peak 6706 in

The UK IT market continues to grow despite the global financial downturn. According to data from EITO, a European market research institute supported by Intellect, the UK will see a 1.4% rise in the value of its IT market this year to £59.3 billion.

Steve at Pub Philosopher is right, where is left-wing outrage when you need it? He points out that: So, while Merrill Lynch is being sued by the US government for mis-selling toxic sub-prime debt, the same bank is taking advantage of the UK’s tax regime to offset all its losses against its tax liability. Yes, that’s all its

The bungling Labour Government and Gordon Brown's mis-handling of banking and financial market regulation, as Chancellor and as Prime Minister, makes him personally at least as much to blame as anybody else on the planet, for the current international financial and banking crisis of of confidence. Even when the financial markets sort themselves out, there will be long lasting damage to the in...

The City of London's financial market gurus threw their toys out of the pram again this morning, following the US Federal Reserve's decision last night not to launch more quantitative easing. The stock markets have slumped as a result. Why aren't they happy? Because QE gives the stock market a temporary boost, which is very good for end of year bonuses, but the cost is high inflatio...

The Uk Stock market plunged anohter 3.6% this morning on the back of the banking package. Then came the news of a 50 basis point cut in the UK, matched by the same in the US and Euroland. The market immediately rallied and is now up on the day.