IMF: Fifth of Britain's GDP spent so far on bailouts

More than any other major economy, according to a grave assessment of the world financial crisis published today by the International Monetary Fund.

'Run on UK' sees foreign investors pull $1 trillion out of the City

Monies held in the UK on behalf of foreign investors - fell by $1 trillion (£700bn) between the spring and the end of 2008, representing a huge loss of funds and of confidence in the City of London.

Recession crime wave hits Britain

His force, which takes the lead nationally on fraud investigations, have 615 live investigations into 689 suspects - from individual white collar cases to multi-million pound "mini-Madoff" investment scams and massive mortgage frauds.

From Information Clearing House

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