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The Evening Standard (London, England) articles from September 2007

20,588 total articles

A newspaper and online news service based in London. Features up-to-the-minute political, entertainment, fashion, sports, and business news alongside editorial commentary and interactive discussion.

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The Evening Standard (London, England) archives from September 2007

This month in Odyssey got milk?
September 1, 2007... Does that phrase evoke a powerful image in your mind? It does for most of us. You probably think of commercials or billboards, while your parents might reminisce about late night trips to the grocery store to make sure your Cheerios would be...

Milk the smoke out.(Science Scoops)
September 1, 2007... A new study has shown that drinking milk can help smokers snuff out those cigarettes. That's good news for everyone. Reporting in the April 2007 issue of the journal Nicotine and Tobacco Research, Jed E. Rose and fellow researchers at Duke...

Long live donkey milk!(Science Scoops)
September 1, 2007... [ILLUSTRATION OMITTED] Can donkey milk help you live a long life? Well, according to a British Broadcasting Corporation news release, that's what the family of the world's oldest woman, Maria Esther de Capovilla from Ecuador, believes was...

Breast feeding: that's smart?(Science Scoops)
September 1, 2007... [ILLUSTRATION OMITTED] Breast milk is a complex food with just the appropriate amounts of carbohydrate (for energy), protein (for nutrition, growth, and repair), and fat (for energy storage and protection) to nurture infants. It also...

Down and dirty.(Science Scoops)
September 1, 2007... And now for a dirty secret. In a surprising study from the University of Arizona, women are dirtier than men--at least their offices are. Yes, it's true, says "germ guru" Charles Gerba, a professor of soil, water, and environmental...

Sizing up dogs.(Science Scoops)
September 1, 2007... From the Great Dane to the tiny Chihuahua, dogs exhibit a wide range of body types and behaviors. In fact, clogs exhibit the greatest diversity in body size of any mammalian species. Now an international team led by researchers has identified a...

The (almost) perfect food: every serving of milk is chock full of macronutrients.
September 1, 2007... [ILLUSTRATION OMITTED] MAMMALS ARE BORN LIVE, ACTIVE, AND ON THE GO. The young of their 4,500 different species (including us) don't lie around waiting to hatch. They are born warm and fuzzy, kicking and squirming, and very HUNGRY! So...

A tolerance for lactose intolerance.(ASK A SCIENTIST)(Interview)
September 1, 2007... Dr. Leanne Berning is a dairy sciences professor at California Polytechnic State University. Ironically, this milk specialist is herself lactose intolerant. That doesn't stop her from enjoying foods made from milk, though. "I eat a lot of...

Moo-ving milk: from the farm to you.
September 1, 2007... [ILLUSTRATIONS OMITTED] YOU WOULDN'T WANT TO SNACK ON GRASS, raw grain, or fermented cornstalks. But a glass of cold milk tastes great. Pour yourself a glass and see how milk makes its way from the cow and the farm to your fridge. Say...

How safe? How wise?
September 1, 2007... America's dairy industry must meet rigid standards from the U.S. Department of Agriculture (USDA), the Food and Drug Administration (FDA), and state health departments. Nevertheless, industry practices spark controversy. * Cooped...

Robots at the dairy.
September 1, 2007... [ILLUSTRATION OMITTED] DAIRY COWS DON'T ENJOY WAITING to be milked. And most dairy farmers don't enjoy getting up before dawn to do the milking. Now, robots let cows go in for milking at any time of the day or night, while dairy farmers...

Your skeleton isn't dead bones!(Table)
September 1, 2007... DID YOU MAKE A DEPOSIT TO YOUR "BONE BANK" TODAY? If you skipped breakfast and drank soda at lunch, your calcium "deposit slip" probably shows zero. And you're not alone. According to United States Department of Agriculture (USDA) surveys,...

Today, your lab partners will be Ben & Jerry: discover some of the unique chemical properties of milk--then use what you've learned to make some gourmet ice cream.(ACTIVITY TO DISCOVER)
September 1, 2007... [ILLUSTRATION OMITTED] And for dessert, how about a colloidal emulsification of foam-structured lipids, with complex amino acids? Errr... how about some ice cream? Every time you lick a vanilla ice cream cone or spoon a chocolate fudge...

The "perfect" cow: it's all about breeding: Elsie the cow (mascot for borden milk products) is a Jersey. Weighing just 1,000 pounds, it's the smallest milking cow breed in the United States. Its milk makes great ice cream because it contains 4.75 percent butterfat.).
September 1, 2007... [ILLUSTRATION OMITTED] NAME A CELEBRITY--a famous, super-macho, numero-uno, nobody-messes-with-me kind of dude. Mark Wahlberg? Ving Rhames? Jack Black? (OK, strike that last one.) Now, can you name an equally super-macho bull? How...

Poop power!
September 1, 2007... One dairy cow can produce 100 'pounds of manure in a day. That's a lot of poop! We visited Green Mountain Dairy in Shelton, Vermont, a farm with 1,650 cows. Do the math. That's 165,000 pounds of manure every day. Brian and Bill Rowell, brothers...

And the camel jumped over the moon! Would you walk a mile for a sip of camel milk? How about for a bar of "camelocolate" (camel milk chocolate), a chunk of camelbert cheese, or a lick of camel-milk ice cream? "No way," you say?
September 1, 2007... [ILLUSTRATION OMITTED] Well, according to the United Nations Food and Agriculture Organization (FAO), camel milk is a big hit across northern Africa. In Tunisia, on the Mediterranean coast, for instance, people travel hundreds of miles to...

Talk about milk.
September 1, 2007... WORDS, LIKE SLIPPERY SOAP, seem to slide into use. Some come and stay, others come and go quickly. Your parents might've said something was "hip," but you'd never use that word! Phrases also go in and out of our language. Some originated...

counting cows ... and camels!(BRAIN STRAIN)
September 1, 2007... [ILLUSTRATION OMITTED] You are deep in sleep, dreaming about strolling leisurely through an endless pasture of green ii grass. In your mind's eye, you see an array of cows and camels. (Where can you be? You don't even live on a dairy farm,...

Kelsey cow heaven: Kelsey Kozak always dreamed of owning a cow. At 17, she owns not one, but three. On the grassy pastures of the Kozak farm in Washington state, the teenager manages her small herd and supplies her family with cheese, ice cream, yogurt, and butter.
September 1, 2007... [ILLUSTRATION OMITTED] At milking time, Kelsey Kozak doesn't need to cajole her two grown cows, Lil and Iris, to come in from the pasture. "They see you going down the driveway and they'll race you up to the barn," she says. Even Kelsey's...

Cheese making 101.
September 1, 2007... [ILLUSTRATION OMITTED] High school senior Kelsey Kozak has made good on her goal to use her cows' milk to produce as many dairy products as she can. She makes yogurt, ice cream, cheese, and butter. She is currently earning credits through...

"Killer" milk.(Kids Can ... Do Amazing Science)
September 1, 2007... When I was 9 months old, my mom fed me plain yogurt for the first time. A couple of minutes later, I was covered in hives, my face had puffed up, and I turned a weird blue-gray color. [ILLUSTRATION OMITTED] Mom gave me Benadryl and...

Dragons, poop, & a very dark question.(Ask Dr. Cy Borg)
September 1, 2007... Dear Dr. B, Were Neanderthals able to see in the dark like cats? Stacy, Web post The quick answer, Stacy, is that nobody knows. While we have skeletal remains of Neanderthals, we don't have any fleshy parts, such as their eyes....

Star chart.
September 1, 2007... The monthly All-Sky Chart depicts the sky (minus the Moon) as it appears at 7:30 p.m. on Sept. 15. Useful all month (except for planet positions), the chart is also accurate for 8:30 p.m. on Sept. 1 and 6:30 p.m. on Sept. 30. To use the...

How to find the "false dawn" of Omar Khayyam.(STARGAZING)(Cartoon)
September 1, 2007... GREETINGS, GREETINGS, FELLOW STARGAZERS. THE NIGHT SKY IS ROMANTIC. [ILLUSTRATION OMITTED] ALMOST 1,000 YEARS AGO. OMAR KHAYYAM OF PERSIA MADE A POETIC ALLUSION TO A "FALSE DAWN" [ILLUSTRATION OMITTED] WELL, THE "FALSE DAWN"...

Contest winners winning Mana-Tees!(YOU'VE GOT MAIL)
September 1, 2007... With so many wonderful designs entered in our Mana-Tee Shirt Contest, the plight of these humble and endangered creatures is already looking better. ODYSSEY readers certainly do love the manatees! In our March 2007 issue, we asked you to...

Three grin salad: a kid's recipe for a happy and healthy life.(KID'S PICKS)(Brief article)(Children's review)(Book review)
September 1, 2007... Parents are always telling us kids about how important it is to be healthy. And it's usually in terms of don'ts: Don't eat junk food, don't drink too much soda, don't sit around playing video games, don't skip breakfast. In this book, Aja King,...

Bird milk?(ANIMAL ANGLES)
September 1, 2007... [ILLUSTRATION OMITTED] Well, not exactly. Like mammals, some birds provide a special secretion to help their young grow. Unlike mammals, though, both mom and dad produce it. And it's not the product of mammary glands. The best known of...

Evening Standard, London, City Spy column.(Column)
September 13, 2007... Sep. 13--Amid the tributes to Dame Anita Roddick, City Spy recalls the lunch at which the Body Shop founder regaled fellow diners with a tale of a recent trip to Oman. Roddick was anxious to obtain the recipe for oud, a molasses-based perfume...

Evening Standard, London, Neil Collins column.(Column)
September 13, 2007... Byline: Neil Collins Sep. 13--Northern Rock has come crashing down on its borrowers who can't repay their debts. Thus says iva.co.uk, which describes itself as "the UK's biggest on-line IVA community", or bunch of overborrowed whingers. It...

Crisis 'ends big bonuses and housing boom'.
September 13, 2007... Byline: Hugo Duncan Sep. 13--The credit crisis has brought an end to huge City bonuses and will slam the brakes on the London housing market, a key report is expected to say tomorrow. Influential think-tank the Ernst & Young Item Club...

Evening Standard, London, Anthony Hilton column.(Column)
September 13, 2007... Byline: Anthony Hilton Sep. 13--In the months before the market turmoil, several investment banks sought to develop products that would replicate hedge-fund performance -- in essence index-trackers of hedge funds -- for just a fraction of...

Evening Standard, London, market report column.(Column)
September 13, 2007... Byline: Sarah Marks Sep. 13--The undeniable slowdown in the UK housing market sent a bone-tingling shiver through the banking sector today as fears that the great property-fulled consumer boom is finally coming to an end. Big mortgage...

Bank injects another [pounds sterling]4bn into markets.
September 13, 2007... Sep. 13--The Bank of England today pumped an extra [pounds sterling]4.4 billion into the money markets in an effort to ease the credit crunch. Commercial banks snapped up the funds, which the Bank said last week would be made available if...

Soaring oil price may hit winter fuel.
September 13, 2007... Sep. 13--Britain could be in for a winter of soaring petrol and energy costs, after the price of oil gave few indications of retreating much from yesterday's all-time high of more than $80 a barrel. The price of US crude on global markets...

Evening Standard, London, Anthony Hilton column.(Column)
September 14, 2007... Byline: Anthony Hilton Sep. 14--Bank of England Governor Mervyn King has found himself caught between a Northern Rock and a hard place. He spent the first half of this week making it clear to the Treasury Select Committee and everyone else...

Long history of throwing lifebelts to the distressed.
September 14, 2007... Byline: Christopher Fildes Sep. 14--Banks live by credit, and sometimes it runs out. In the distant 1890s, the Bank of England rescued Barings for fear of the knock-on effect that a failure would have. A century later, it let Barings go....

Macquarie denies any worries over credit crisis.
September 14, 2007... Sep. 14--One-time London Stock Exchange suitor Macquarie Bank has dismissed fears about the growing credit crunch to foreshadow a "strong rise" in first-half earnings to the end of September, which will be reported in November. The...

Housebuilders dive on slowdown fears.
September 14, 2007... Sep. 14--Shares in housebuilders tumbled today as the crisis at Northern Rock triggered fears of a slowdown in the housing market. Blue-chip builder Barratt Developments fell 10 percent, or 86p, to 784 1/2p and Persimmon dived 8 percent, or...

Evening Standard, London, City Spy column.(Column)
September 14, 2007... Sep. 14--MUCH DELIGHT AT Saatchi & Saatchi at being selected by Labour to handle its general election advertising. The talk is of the agency that dominated political campaigning during the early Thatcher years reclaiming its crown. Just one...

Asda plans to spruce up tired George label as growth slows down.
September 14, 2007... Byline: Bill Condie Sep. 14--Asda chief Andy Bond has admitted that the chain's George fashion label is becoming tired and needs "a makeover". George, set up by clothing entrepreneur George Davies 16 years ago, is now a [pounds...

Evening Standard, London, Christopher Fildes column.(Column)
September 14, 2007... Byline: Christopher Fildes Sep. 14--MAKE HSBC LIKE ANY OTHER BIG BANK? NOT TODAY, THANK YOU: Gratitude is a lively sense of favours to come, and bankers must learn this along with the rest of us. That goes for Stephen Green and Mike...

ANALYSIS: Pundits predict run on Northern Wreck that is still backed to survive.
September 14, 2007... Sep. 14--Northern Wreck. Northern Crock. The City scribblers were today wasting no time in dancing on the woes at Northern Rock. The prospect of a run on The Rock was high in the minds of the Square Mile's analysts. "Failure to access...

No bank will go bust, says chancellor.
September 14, 2007... Sep. 14--Chancellor Alistair Darling has declared he will not let a British High Street bank go bust, according to City and Whitehall sources. Darling has let it be known that the Treasury, the Bank of England and the Financial Services...

Evening Standard, London, market report column.(Column)
September 14, 2007... Byline: Sraha Marks Sep. 14--BA IS DRAGGED DOWN AMID A MASS SELL-OFF: British Airways was just one of the many companies dragged down by the ever-widening Northern Rock crisis as early hopes that the bank's predicament would not trigger a...

Small network but a big business for home loans.
September 14, 2007... Sep. 14--One in 10 Britons borrow from Northern Rock to buy their houses, making it the country's fifth-largest mortgage lender -- but also possibly the UK's most prominent lender geared to funding residential homeowners. Before converting...

Virgin Retail asks stores for a helping hand on rent.
September 14, 2007... Sep. 14--Sir Richard Branson's Virgin Retail, which trades as Virgin Megastore and Virgin Xpress, is asking the landlords of its 65 stores to help cashflow by paying rent monthly instead of quarterly. Increasingly tough competition from...

Evening Standard, London, business briefs column.(Column)
September 14, 2007... Sep. 14--WORKERS' HOMES SHOULD HAVE BEEN BLAST-PROOF, BP ADMITS: Oil giant BP has admitted in a Texas court that it was a mistake to make workers use flimsy, wood-frame caravans, rather than blast-proof accommodation. "It would make sense to...

Bid Target Abn Amro To Fall Short On Capital.
September 17, 2007... Sep. 17--The takeover battle for ABN Amro took another lurch today as the Dutch bank revealed that it will not hit its capital targets at the end of this third quarter. While the bank said that "our capital ratios may be marginally below...

Rough Ride For Wall St As Big Banks Reveal Damage.
September 17, 2007... Byline: James Doran Sep. 17--Wall Street is braced for its most turbulent week in a decade as some of the biggest investment banks in the world prepare to admit how many billions of dollars the credit crunch has cost them. Lehman...

Evening Standard, London, business briefs column.(Column)
September 17, 2007... Sep. 17--CANDOVER DITCHES TAKEOVER OF JET-PARTS SUPPLIER: Stork British private-equity group Candover today scrapped its e1.5 billion ([pounds sterling]1.04 billion) takeover plan for Boeing and Airbus parts supplier Stork. The deal's collapse...

Evening Standard, London, Chris Blackhurst column.(Column)
September 17, 2007... Byline: Chris Blackhurst Sep. 17--CLEVER CLOGS ADAM FALLS FROM GRACE: Ask any politician what they fear most and they will say events. Harold Macmillan, famously, may have said it succinctly but he doesn't hold the franchise. Neither is...

Evening Standard, London, Anthony Hilton column.(Column)
September 17, 2007... Byline: Anthony Hilton Sep. 17--It is astonishing that anyone in the City or Westminster could have the audacity to suggest that the Bank of England or the Financial Services Authority were "asleep at the wheel" and somehow to blame for...

Greenspan Warns House Prices Are Set To Tumble.
September 17, 2007... Sep. 17--House prices will crash because of the global financial crisis, according to former US Federal Reserve head Alan Greenspan. Greenspan, who during more than a decade at the fulcrum of the world's largest economy was accorded guru...

Evening Standard, London, market report column.(Column)
September 17, 2007... Byline: Mickey Clark Sep. 17--Northern Rock is not the only mortgage lender suffering fallout from the credit crunch. Several brokers took their red pencils to former building societies today on the basis their shares will also be hit hard...

Death Of Private Equity 'To Boost Stock Market Floats'.
September 17, 2007... Sep. 17--The credit crunch and debt-market crisis will see big stock-market flotations come back into fashion, top City trader Terry Smith predicted today. "What we will see is the return of the equity," said Smith chairman of stockbroker...

Evening Standard, London, City Spy column.(Column)
September 17, 2007... Sep. 17--MAD TIMES IN THE CITY. Northern Rock is desperately urging customers not to withdraw all their money following last week's profits warning and bailout from the Bank of England. The pleas are falling on deaf ears, however. "The frenzy...

Smiths and GE abandon airport security venture.
September 19, 2007... Byline: Simon English Sep. 19--A link between Smiths Group of the UK and US giant General Electric to make groundbreaking anti-terrorism devices for use at airports has collapsed. The companies said last March that they were forming a...

Vivendi emerges as winner in 50 Cent and Kanye West battle.
September 19, 2007... Sep. 19--Rap star Kanye West today emerged as victor in the album-launch showdown with rival hip-hop artist 50 Cent but the ailing recording industry, battling against piracy and dwindling sales, will be the real winner from the much-hyped...

Evening Standard, London, business briefs column.(Column)
September 19, 2007... Sep. 19--TWENTY TWENTY JOINING THE SHED STABLE FOR [pounds sterling]19 MILLION: Twenty Twenty, the independent television production company that makes Bad Lads Army, Grandad's Back in Business and The Choir, is being bought by Shed...

Evening Standard, London, Chris Blackhurst column.(Column)
September 19, 2007... Byline: Chris Blackhurst Sep. 19--A KING WHO SEEMS TOO FAR FROM THE FRAY: In his new book, The Age Of Turbulence, Alan Greenspan recounts how, finally, he got married to Andrea. "She always jokes that it took me three tries to propose to...

Rock exodus booster for moneysupermarket.com.
September 19, 2007... Sep. 19--Tens of thousands of Northern Rock savers have turned to moneysupermarket.com, the internet price comparison site, to find a new home for the cash they have withdrawn, according to the website's multimillionaire founder Simon Nixon....

Evening Standard, London, City Spy column.(Column)
September 19, 2007... Sep. 19--TODAY, the shareholders of Everlast meet in New York to consider the [pounds sterling]90 million offer for their brand from Sports Direct. As ever, the British company's boss, Mike Ashley, is displaying a fine sense of judgment. An...

Inditex shrugs off swastika row at Zara with a bumper [pounds sterling]273M.
September 19, 2007... Sep. 19--Trendy fashion chain Zara was berated yesterday for selling handbags bearing a swastika design, but today it was being toasted by investors as it smashed profit forecasts. Zara's Spanish owner, Inditex, had to recall thousands of...

World shares rally on Fed rates shock.
September 19, 2007... Byline: Hugo Duncan Sep. 19--Global stock markets soared today amid jubilant scenes in trading rooms around the world after the US Federal Reserve slashed interest rates to avert a recession. The FTSE 100 index opened up 157.5 at...

Evening Standard, London, Anthony Hilton column.(Column)
September 19, 2007... Byline: Anthony Hilton Sep. 19--PENSION BUYOUT EXPERTS TRANSFORMED BY TURMOIL: Looking for winners in the current turmoil leads one to Paternoster, the pension buyout company set up by Mark Wood a couple of years ago, after he left...

Standard Life to join friends in takeover chase for Resolution.
September 19, 2007... Sep. 19--Standard Life threw a spanner in the works of an [pounds sterling]8 billion merger today when it said it was planning a counterbid for one of the parties. The Scottish group is looking at an offer for Resolution, the "zombie"...

Small investors fret at being kept in dark.
September 19, 2007... Sep. 19--Northern Rock's 176,000 private shareholders, most of whom have been there since the building society demutualised and became a bank 10 years ago, are growing increasingly furious about their treatment over the past few days. ...

Evening Standard, London, market report column.(Column)
September 19, 2007... Byline: Mickey Clark Sep. 19--NEW PLUNGE BY ABSOLUTE AS IT TELLS CLIENTS NO: Shares of hedge-fund manager Absolute Capital Management tumbled a further 57p to a new low of 6112p today after the company told clients they could not have...

U-turn by King raises hopes of a rate cut.
September 19, 2007... Sep. 19--An interest rate cut was on the agenda today following the Bank of England's decision to provide emergency funding to the money markets and subsiding fears over inflation. The pound slumped 1.54 cents against the dollar to $1.9986...

Northern Rock slumps 20 percent after two biggest shareholders cut their losses.
September 19, 2007... Byline: Nick Goodway Sep. 19--Fevered stock market trading saw shares in crisis-torn Northern Rock drop as much as 20 percent today to an all-time low of 246 1/4p. That is less than a fifth of their value six months ago. At one point...

Photo-Me holders win as booths sale is pulled.(Company overview)
September 19, 2007... Byline: Hugo Duncan Sep. 19--Activist shareholders in Photo-Me International scored another victory today after the company pulled the sale of its photo booths division. Photo-Me said it will keep the vending business, which has about...

Misys rallies after its woes by linking with big players.
September 19, 2007... Sep. 19--Misys, software provider to the financial services and healthcare industries, says it is well on the way to recovery with revenue for the first quarter up 6 percent. "And we are on track with our cost take-out and margin...

Upbeat Woolies cuts its losses to [pounds sterling]59 million.
September 19, 2007... Sep. 19--Woolworths today said it narrowed losses at its British stores and continued to shift large numbers of DVDs in the US as its gradual turnaround continued. The sweets and stationery retailer made a loss of [pounds sterling]59...

Governor backed after his grilling.
September 20, 2007... Sep. 20--The City today stood behind Mervyn King as he suffered a battering at the hands of the Treasury select committee. City figures praised the Governor of the Bank of England for the way he handled sometimes aggressive questioning...

Bank's deputy under fire after failing to read key Northern Rock update.
September 20, 2007... Sep. 20--Bank of England deputy governor Sir John Gieve today admitted he did not read a key trading update published by Northern Rock in July. Gieve, head of financial stability at Threadneedle Street and also on the board of the...

Evening Standard, London, business briefs column.(Column)
September 20, 2007... Sep. 20--HIT SEQUELS MAKE PICTURE BRIGHT FOR [pounds sterling]22M CINEWORLD: Cineworld, the UK's second-largest cinema operator, saw profits rise 25 percent to [pounds sterling]22 million in the half year to 28 June as film fans flocked to...

Evening Standard, London, City Spy column.(Column)
September 20, 2007... Sep. 20--POOR ALAN GREENSPAN. He has been obliged to promote sales of his memoirs with a blog on the Amazon website. He is anxious to reassure those who feel the tome might be a bit dry. "What about all those other assorted characters from my...

Evening Standard, London, Neil Collins column.(Column)
September 20, 2007... Byline: Neil Collins Sep. 20--BROWN'S BID TO CURB THE BANK HAS PUT US ALL ON THE ROCKS: Well, it was Hurricane Katrina after all. As with Katrina, Northern Rock was swamped not by the financial storm itself but the way the levees, or in...

Under-fire King hints rates will stay on hold despite Rock crisis.
September 20, 2007... Byline: Hugo Duncan Sep. 20--Bank of England Governor Mervyn King today hinted that he was in no mood to cut interest rates despite the credit crisis engulfing the markets. King told the Treasury Select Committee during today's highly...

Arab rivals in fight for stock exchange.
September 20, 2007... Byline: Nick Goodway Sep. 20--A Sensational battle for control of the London Stock Exchange broke out today as two rival Middle Eastern royal families bought huge stakes in the 300-year-old institution. Borse Dubai, the month-old stock...

Evening Standard, London, Anthony Hilton column.(Column)
September 20, 2007... Byline: Anthony Hilton Sep. 20--WHY NON-EXECS FAILED TO REIN IN RISK-TAKING AT NORTHERN: One of the great arguments in favour of corporate governance is that, while a board full of informed and intelligent non-executives might do little to...

Malmaison and Hotel du Vin sale is halted by credit crisis.
September 20, 2007... Sep. 20--Hotel owner Richard Balfour-Lynn was today forced to pull the sale of the Malmaison and Hotel du Vin chains as the credit crunch claimed yet another victim. Marylebone Warwick Balfour, where Balfour-Lynn is chief executive, said...

Evening Standard, London, market report column.(Column)
September 20, 2007... Byline: Mickey Clark Sep. 20--DEUTSCHE BANK TAKES HIT AS CREDIT BLIGHT SPREADS: The cracks in the banking sector have started to spread far and wide in the wake of the subprime mortgage meltdown in the US. Today it emerged that...

Northern shares dive again as aid curbed.
September 20, 2007... Sep. 20--Northern Rock's future looked even shakier today, as the Government said its guarantee to savers will not apply to new accounts set up after midnight last night. Its shares crashed another 62 1/4p to 194 3/4p, as immediate...

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