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Finance

Robert Zoellick - World Bank could run out of money 'within 12 months'

World Bank could run out of money 'within 12 months'

President Robert Zoellick launches major campaign secure funding from rich nations as financial crisis sees bank's coffers running dry.

EDF starts ?4bn auction for UK electricity arm

EDF starts €4bn auction for UK electricity arm

Britain's biggest electricity network has officially been put up for sale in an auction that is already attracting a list of foreign buyers.

How the FTSE 100 has performed in October over 25 years

FTSE 100 closes below 5,000 as bid talk fades

The FTSE 100 ended the week below 5,000 as traders pulled back after bid talk faded and US employers cut more jobs than expected in September.

London's Evening Standard to become free paper

Evening Standard to go free

London's Evening Standard has announced plans to scrap its 50p cover price and become a free newspaper, sacrificing £12m in revenue for a wider circulation.

BAE executives meet investors after SFO talks end

BAE executives meet investors after SFO talks fail

BAE Systems executives met with shareholders after the SFO announced the defence company faces prosecution for alleged corruption.

Price rises 'unsustainable'

Housing seen through trees

A leading economist warns that the house price rises will not last.

Alex: Credit Crunch Special

Alex cartoon: credit crunch special

New app brings the year's best Alex cartoons to life on iPhone and iPod.

Apple flexes iPhone muscle with mobile networks

Apple flexes iPhone muscle with mobile networks

Apple dictates terms as iPhone price war looms between Vodafone, O2 and Orange.

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Raise your glasses

Raise your glasses – booze company Diageo may be changing its name.

Frederick Forsyth

Frederick Forsyth on money

'I lost £2.2m in a share fraud,' says Day of the Jackal author.

Euro makes Europe's world go round

The State of Europe

The Daily Telegraph examines what it means to be European.

Dick Fuld, Chairman and Chief Executive of Lehman Brothers Holdings

Lehman collapse: in full

The Telegraph looks back at 12 months that changed the world.

FTSE slips below 5,000 on gloomy US jobs data

Fears that the global economic recovery may not be as rapid as first thought triggered a share sell-off in London, as investors grew concerned about the state of the US unemployment market after worse-than-expected numbers.

Questor

With-profits: two-thirds of funds 'failing to perform'

Only a third of funds in the £300bn with-profits industry are performing adequately, an investigation has claimed.

Woman bombarded with bank calls

Avril, of Plymouth, Devon, said: ''I've tried to tell the bank time after time - it's a fraud risk but they're just not interested. They're lucky I'm honest.

Avril Dolbear, from Plymouth, is being bombarded with calls from confused bank customers because her new phone number is the same as a sort code.

IMF is right to make us save for rainy days

Having abolished booms, Gordon Brown is already halfway to achieving his long-held aim of no return to boom and bust. Admittedly, the latter half of the project is looking beyond him but 10 out of 10 for the work so far.

EDF considers sale of British electricity business

EDF considers sale of British electricity business

EDF, the French group which is one of the largest distributors of electricity in Britain, is considering selling the UK business.

Gold: what to do if you dig up your own Anglo-Saxon hoard

Terry Herbert with a helmet cheek plate - Gold: what to do if you dig up your own Anglo-Saxon hoard

If you want to make your fortune with a metal detector it pays to know how the process works.

Bananas cheapest for 14 years amid supermarket price war

Bananas: Bananas cheapest for 14 years amid supermarket price war

Asda has slashed the price of bananas to the lowest level in 14 years, angering some rivals who accuse the supermarket of a "pointless" price war.

EDF considers sale of British electricity business

EDF considers sale of British electricity business

EDF, the French group which is one of the largest distributors of electricity in Britain, is considering selling the UK business.

Prupim buys new UK Supreme Court

Prupim buys new UK Supreme Court

The UK's new Supreme Court has been bought by Prupim, part of Prudential's asset management arm, in a £30m deal.

Ontex, the nappy giant, on sale for €1.3bn

Investors are fighting to buy Ontex, one of the world's largest private-label nappy makers and a major Tesco supplier, in a €1.3bn deal that would be the biggest private equity sale of the year.

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