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Times Online April 17, 2008

BUSINESS BULLETIN


Dear Reader

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Today's top stories

Deal to end mortgage drought nears

Treasury is finalising a scheme under which lenders could swap mortgage assets for government bonds rather than cash

Woolwich boosts rates for buy-to-let landlords

Buy-to-let landlords must pay a 1 per cent fee for a Woolwich standard variable rate, and two-year fixed rates have ended

Hedge funds stars made $2bn from US sub-prime

A handful of City hedge fund managers, including Pierre LaGrange and Noam Gottesman, made a killing from US meltdown

Number of benefit-seekers on the increase

Despite strong employment numbers, economists fear the jobs market could weaken as business redundancies rise

OTHER HEADLINES

Analysis chevrons

Unemployment fall is only the start

There are clear signs that the UK job market is weakening and those sectors exposed to the credit crunch are vulnerable

Markets chevrons

Tempus: JJB Sports ... Aveva ... Manganese Bronze

Chris Ronnie's restructuring at JJB Sports will see 800 jobs cut. Aveva: close to all-time high. Manganese Bronze: down

Intel 'solid' ... Hypo £912m stake ... Earnings rise

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