Economics

Income investors could lose out if coalition Government forces extra levies on banks

Goldman Sachs was reported last night to be considering settlement talks with the US regulators over the fraud charges brought against it last month, reports The Times.

Warren Buffett's Berkshire Hathaway posted earnings of $3.63bn in Q1, more than reversing the $1.53bn net loss a year ago.

The cost of borrowing in Greece's rescue package is too high and the country still risks falling into a "debt spiral", says George Soros.

The financial crisis has cost the British economy up to £7.4trn in lost output, according to the Bank of England.

The first televised election debate kicks off on Channel 4 tonight, with a predictable focus on the state of the economy.

Alistair Darling used Labour's last Budget before the election to carry out a £19bn tax raid on the middle classes to help pay Britain's record debt, reports The Telegraph.

BRITAIN'S top financial watchdog has warned the cost of bailing out the banking sector could be as much as £140bn - far higher than Treasury forecasts, reports the Daily Mail.

Sterling fell sharply today after Bank of England Governor Mervyn King labeled the UK economic recovery "fragile".

THE EUROPEAN UNION has stripped Greece of its vote at a crucial meeting next month - the worst humiliation ever suffered by an EU member state, reports The Telegraph.