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Times Online October 17, 2008

BUSINESS BULLETIN

Dear Reader

Visit Times Online today for dynamic business news and views, market charts and sector analysis, plus your chance to comment.

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Today's top stories

Brown demands garages slash petrol prices

In another interventionist show, PM demanded garages follow lead of two supermarkets, which dropped prices below £1 per litre

Gas plummets but consumers still pay full whack

Britain's energy companies are accused of profiteering after wholesale gas prices drop by nearly 19 per cent

Corus and Jaguar act as crisis hits UK

The Anglo-Dutch steelmaker announce production cuts and Land Rover announce job losses in response to falling demand

Shares battered again as markets fear slump

UK insurers were one of the hardest hit after ratings agency said that the sector may be the next casualty of the crisis
OTHER HEADLINES
Analysis chevrons

Bankers take billhook to hedge funds

The industry will be smaller but its predicted demise looks as exaggerated as it was after LTCM's collapse ten years ago
Markets chevrons

L&G downgrade is too hard to ignore

Assets under management fell £11bn to £275bn in the three months to September 30, despite the inflow of £11bn of new money

Britvic sales up ... Vodafone delay ... Aveva growth

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