Lloyds Failed to Heed Debt Warning
Facing the collapse of the luxury hotel chain–von Essen, Lloyds sufers loss of millions of pounds.
The bank was warned that the 28-hotel chain, which includes Cliveden in Berkshire and the Royal Crescent, was at risk of failing under the weight of its debts more than a year before it was forced to call in the administrators.
Obama Debt Warning
President Obama gave his sternest warning yet about the need to contain rising US deficits, saying that if government debt were to pile up, it could lead to a double-dip recession.
Mr. Obama said that a delicate balance had to be maintained between boosting the economy and pursuing a policy of deficit reduction.
-
Get your chance to win it BIG with fabulous bingo games
-
Stock Quotes
-
Categories
-
Archives
- May 2012
- April 2012
- March 2012
- February 2012
- January 2012
- December 2011
- November 2011
- October 2011
- September 2011
- August 2011
- July 2011
- June 2011
- May 2011
- April 2011
- March 2011
- February 2011
- January 2011
- December 2010
- November 2010
- October 2010
- September 2010
- August 2010
- July 2010
- June 2010
- May 2010
- April 2010
- March 2010
- February 2010
- January 2010
- December 2009
- November 2009
- October 2009
- September 2009
- August 2009
- July 2009
- June 2009
- May 2009
- April 2009
- March 2009
- February 2009
- January 2009
- December 2008
- November 2008
- October 2008
- September 2008
-
Links
-
Meta
Welcome to Euro Station
