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Last news 'World' Today
Funky Islamic fashion struts conservative catwalk
5 Filipino troops killed in communist attack
Rice arrives in India to ease tension with Pakistan
British bank Alliance & Leicester reports loss
British mortgage bank Alliance & Leicester PLC on Friday reported a net loss of 24 million pounds ($48 million) for the first half of the year, in line with market expectations.
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Mortgage Lender's Profits Fall 99%
Alliance & Leicester has revealed the credit crunch almost completely wiped out profits in the first six months of the year.
From Sky News |
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Insolvencies Fall Despite Crunch
The credit crunch seems to be hitting businesses harder than private individuals, new figures on insolvency show.
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