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Times Online October 10, 2008

BUSINESS BULLETIN


Dear Reader

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Today's top stories

World must follow my example, says Brown

PM calls on nations to abandon 'outworn dogmas' and follow UK in its 'ground-breaking' moves to save the banking system

International crisis meeting as Dow plummets

Finance ministers and central bank governors head to Washington as Dow Jones drops 7.3 per cent down to 8,579 points

Iceland denounces UK's 'unfriendly' action

Financial collapse in Iceland is becoming worst crisis in relations between London and Reykjavik since the 1970s Cod War

Frightened investors 'pile into property'

Investors who have lost faith in the banking system are turning to property as a safe haven for cash, say estate agents

OTHER HEADLINES
Analysis chevrons

Banks too delicate to start lending

The flows of funds between banks has slowed to a trickle as banks, worried about their own finances, have hoarded cash

Markets chevrons

Tempus: WH Smith ... Wood Group ... Booker

WH Smith's travelling trade to beat high street earnings ... Wood's shares are volatile ... Booker paying its first interim dividend

A&L takeover ... Aviva protects itself ... Hays shrinks

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