Bradford & Bingley (B&B) is the latest lending company to get caught up in the credit crunch. B&B’s share price collapsed earlier this week after it issued a profits warning while simultaneously asking investors for an extra £300 million in funding.
There is a topsy-turvy world where people seriously believe that the problem with Gordon Brown is that he’s too left wing. It’s a world inhabited by Blairites such as Phil Collins, who works for the pensions minister James Purnell.
Liberal commentators are quick to demand "humanitarian intervention" by military forces whenever conflict breaks out – particularly in the Global South. They argue that the West has a "duty" to keep warring factions apart, and even to remove the governments of "failed states".
First we saw New Labour attack rich "Tory boys" in the Crewe & Nantwich by-election. Then they rushed to drop the issue as soon as the press howled at them for stirring up "class war".
Alexandra township was at the forefront of South Africa’s fight against apartheid. So it is shocking that it is now at the centre of attacks on migrants. But the experience in the townships of 14 years of African National Congress (ANC) government has been the slow removal of hope.
A Saturday at the end of every June will see armies parade through the streets, showing off their military might. Sporting events on the day will acquire a "military flavour".
Thanks to Gordon Brown’s pandering to the bigots inside his own cabinet, Labour MPs had a free vote on anti-abortion amendments put to the Human Fertilisation and Embryology Bill in parliament this week.
New Labour has launched a six month consultation into the funding of social care for older and disabled people. Health secretary Alan Johnson says that over the next 20 years there will be a £6 billion funding shortfall just to maintain current care provisions.
Gordon Brown’s Labour Party is bankrupt. The millionaires who secretly lent money to Labour in the run up to the 2005 election are asking for their cash back.
Global levels of carbon dioxide have reached an all-time high and the earth may be losing its capacity to reabsorb carbon emissions, according to new research out this week.
Time magazine has just revealed a list of who it believes are the 100 most influential people in the world.
Thousands dead and more than a million homeless – a grim statistic from Burma in the aftermath of the severe cyclone that hit the country last weekend.