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Times Online March 24, 2008

BUSINESS BULLETIN


Dear Reader

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Today's top stories

Ministers act against property rates threat

Government aims to raise £1bn on properties but property developers plan to leave buildings unfinished to escape tax increase

Post office sell-off to bring in £20m

A total of 40 post offices, mainly large high-street branches in medium-sized market towns, are for sale by Royal Mail

Big UK lenders braced for fresh turbulence

Britain's biggest lenders are believed to have sought extra liquidity but fear Bank of England will not act for some time

The growing appeal of London on the buses

North East-based bus and transport company is happy with the success of its open-top tourist buses which it bought in 1997

OTHER HEADLINES

Analysis chevrons

Liquidity loss caused credit crunch

Can the crisis be resolved by tweaking traditional central banking techniques or will vast sums of public cash be needed?

Markets chevrons

HBOS chiefs buy stock after rumours hit price

Board's Magnificent Seven ride to the rescue after bank rocked by 'completely and utterly unfounded' talk of difficulties

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